UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Information Statement
Pursuant to Rules 13d-1 and 13d-2
Under the Securities Exchange Act of 1934
SYLVAN LEARNING SYSTEMS, INC.
--------------------------------------------------------------------
(NAME OF ISSUER)
Common Stock, par value $.01 per share
--------------------------------------------------------------------
(TITLE OF CLASS OF SECURITIES)
871399-10-1
--------------------------------------------------------------------
(CUSIP NUMBER)
September 16, 1998
-------------------------------------------------------------------
(Date of Event which Requires Filing of their Statement)
-------------------------------
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[ X ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
-------------------------------
Page 1 of 5 Pages
<PAGE>
SCHEDULE 13G
- --------------------------- -------------------------------
CUSIP No. 871399-10-1 Page 2 of 5 Pages
- --------------------------- -------------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON: Investor AB
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
----
(b) X
----
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Sweden
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF
SHARES 2,433,000
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
---------------------------------------------------------------------
SHARED VOTING POWER
6 0
---------------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
2,433,000
---------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,433,000
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
---
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.02%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
OO
- --------------------------------------------------------------------------------
Page 2 of 5 Pages
<PAGE>
ITEM 1.
(a) Name of Issuer: Sylvan Learning Systems, Inc.
(b) Address of Issuer's Principal Executive Offices:
1000 Lancaster Street, Baltimore, Maryland 21202
ITEM 2.
(a) Name of Person Filing: Investor AB
(b) Address of Principal Business Office:
Arsenalsgatan 8c, S-103 32
Stockholm, Sweden
(c) Citizenship:
Sweden
(d) Title of Class of Securities:
Common Stock
(e) CUSIP Number:
871399-10-1
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13(D)-1(B) OR
13D-2(B):
Not applicable
ITEM 4. OWNERSHIP
(a) Investor AB has direct beneficial ownership of 2,433,000
shares.
(b) The 2,433,000 shares beneficially owned by Investor AB are
5.02% of the outstanding Common Stock, based upon 48,451,459
shares of Common Stock outstanding at July 31, 1998, as
reported by the issuer in its Quarterly Report on Form 10-Q
for the period ending June 30, 1998.
(c) Investor AB has sole voting and dispositive power with respect
to the 2,433,000 shares beneficially owned by it.
Page 3 of 5 Pages
<PAGE>
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not applicable
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Not applicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY
Not applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable
ITEM 10. CERTIFICATION
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held for
the purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
Page 4 of 5 Pages
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
September 25, 1998
INVESTOR AB
-----------------------------
By:
Title:
Page 5 of 5 Pages
