SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
CONSORTIUM G DINA GROUP, INC.
(CONSORCIO G GRUPO DINA, S.A. DE C.V.)
--------------------------------------
(Name of Issuer)
SERIES L AMERICAN DEPOSITORY SHARES
-------------------------------------------
(Title of Class of Securities)
210306-20-5
-----------
(Cusip Number)
DECEMBER 31, 1999
---------------------------------
(Date of Event which Requires Filing
of this 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 filed 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
disclosures provided in a prior cover page.
The information required on 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).
(Continued on following page(s))
Page 1
<PAGE>
- -------------------------- --------------------------
CUSIP NO. 210306-20-5 13G PAGE 2
- -------------------------- --------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
PHILLIP FROST, M.D.
SS# ###-##-####
- --------------------------------------------------------------------------------
2 Check the appropriate Box if a Member of a Group (a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 0
BENEFI- -----------------------------------------------------
CIALLY 6 SHARED VOTING POWER
OWNED BY 1,726,703
EACH -----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 0
WITH -----------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,726,703
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,726,703
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.7%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
<PAGE>
- -------------------------- --------------------------
CUSIP NO. 210306-20-5 13G PAGE 3
- -------------------------- --------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
FROST-NEVADA, LIMITED PARTNERSHIP
IRS I.D. #59-2749083
- --------------------------------------------------------------------------------
2 Check the appropriate Box if a Member of a Group (a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
NEVADA
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 0
BENEFI- -----------------------------------------------------
CIALLY 6 SHARED VOTING POWER
OWNED BY 1,726,703
EACH -----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 0
WITH -----------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,726,703
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,726,703
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.7%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
PN
- --------------------------------------------------------------------------------
<PAGE>
- -------------------------- --------------------------
CUSIP NO. 210306-20-5 13G PAGE 4
- -------------------------- --------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
FROST-NEVADA CORPORATION
IRS I.D. #59-274-9057
- --------------------------------------------------------------------------------
2 Check the appropriate Box if a Member of a Group (a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
NEVADA
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 0
BENEFI- -----------------------------------------------------
CIALLY 6 SHARED VOTING POWER
OWNED BY 1,726,703
EACH -----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 0
WITH -----------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,726,703
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,726,703
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.7%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
CO
- --------------------------------------------------------------------------------
<PAGE>
ITEM 1.
(a) NAME OF ISSUER:
Consorcio G Grupo Dina, S.A. de C.V.
(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
Tlacoquemecatl 41
Colonia Del Valle
03100 Mexico D.F., Mexico
ITEM 2.
(a) NAME OF PERSONS FILING:
Phillip Frost, M.D. ("Frost")
Frost Nevada Limited Partnership ("FNLP")
Frost Nevada Corporation ("FNC")
(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
The address of the principal office of Frost is:
4400 Biscayne Boulevard
Miami, Florida 33137
The address of the principal office of FNLP is:
3500 Lakeside Court, Suite 200
Reno, Nevada 89509
The address of the principal office of FNC is:
3500 Lakeside Court, Suite 200
Reno, Nevada 89509
(c) CITIZENSHIP:
Frost is a United States citizen
FNLP is a limited partnership organized in the state of Nevada
FNC is a Nevada corporation
(d) TITLE OF CLASS OF SECURITIES:
Series L American Depository Shares
(e) CUSIP NUMBER:
210306-20-5
Page 5
<PAGE>
ITEM 3. If this statement is filed pursuant to ss.ss.240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
(a) [ ] Broker or dealer registered under section 15 of the Act
(15 U.S.C. 78o).
(b) [ ] Bank as defined in section 3(a)(6) of the Act
(15 U.S.C. 78c).
(c) [ ] Insurance company as defined in section 3(a)(19) of the Act
(15 U.S.C. 78c).
(d) [ ] Investment company registered under section 8 of the
Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e) [ ] An investment adviser in accordance with
ss.240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance
with ss.240.13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance
with ss.240.13d-1(b)(1)(ii)(G);
(h) [ ] A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment
Company Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] Group, in accordance withss.240.13d-1(b)(1)(ii)(G).
ITEM 4. OWNERSHIP:
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owed: 1,726,703*
(b) Percent of class: 12.7%*
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct vote: 1,726,703*
(iii) Sole power to dispose or to direct the disposition of: 0
(iv) Shared power to dispose or to direct the disposition of:
1,726,703*
- ----------------------------
* Based on 13,556,422 Series L American Depository Shares outstanding as
of December 31, 1998, as reported on the Issuer's Annual Report on Form
20-F for the year ended December 31, 1998 as filed with the Securities
and Exchange Commission on June 30, 1999. These Shares are owned of
record by one or more of such Reporting Persons. As the sole limited
partner of FNLP and the sole shareholder of FNC, the general partner of
FNLP, Dr. Frost may be deemed a beneficial owner of the Shares. Record
Page 6
<PAGE>
ownership of the Shares may be transferred from time to time among any
or all of Dr. Frost, FNLP and FNC. Accordingly, solely for purposes of
reporting beneficial ownership of the Shares pursuant to section 13(d)
under the Securities Exchange Act of 1934, as amended, each of Dr.
Frost, FNLP and FNC will be deemed to be the beneficial owner of Shares
held by any of them.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following |_| .
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 the undersigned certify that, to the best of the
undersigned's 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 7
<PAGE>
SIGNATURES
After reasonable inquiry and to the best of the undersigned's knowledge
and belief, the undersigned certify that the information set forth in this
statement is true, complete and correct.
/S/ PHILLIP FROST, M.D.
-----------------------------------------
Date: February 17, 2000 Phillip Frost, M.D.
FROST-NEVADA, LIMITED
PARTNERSHIP
*
-----------------------------------------
Date: February 17, 2000 David Moskowitz
President of Frost-Nevada Corporation,
General Partner
FROST-NEVADA CORPORATION
*
-----------------------------------------
Date: February 17, 2000 David Moskowitz
President
*By /S/ PHILLIP FROST, M.D.
-------------------------------
Phillip Frost, M.D.
(Attorney-in-fact pursuant
to Power of Attorney)
Page 8
<PAGE>
EXHIBIT INDEX
EXHIBIT DESCRIPTION
- ------- -----------
1 Joint Filing Agreement.
2 Description of transactions in the Issuer's Series L American
Depository Shares by Phillip Frost, M.D.
EXHIBIT 1
The undersigned hereby agree that this Schedule 13G filed by us with
respect to the Series L American Depository Shares of Consorcio G Grupo Dina,
S.A. de C.V. is filed on behalf of each of us.
/S/ PHILLIP FROST, M.D.
--------------------------------------------
Date: February 17, 2000 Phillip Frost, M.D.
FROST-NEVADA, LIMITED
PARTNERSHIP
*
--------------------------------------------
Date: February 17, 2000 David Moskowitz
President of Frost-Nevada Corporation,
General Partner
FROST-NEVADA CORPORATION
*
--------------------------------------------
Date: February 17, 2000 David Moskowitz
President
*By /S/ PHILLIP FROST, M.D.
-------------------------------
Phillip Frost, M.D.
(Attorney-in-fact pursuant
to Power of Attorney)
EXHIBIT 2
Set forth below is a summary of acquisitions of beneficial ownership in
the Series L American Depository Shares of the Issuer (each such share
representing four shares of the Series L Stock of the Issuer) by Phillip Frost,
M.D., effected from January 4, 1999 through the date of this Schedule 13G.
NUMBER OF SHARES NUMBER OF SHARES
DATE PURCHASED SOLD PRICE PER SHARE
---- ---------------- ---------------- ---------------
1/04/99 11,200 $0.9375
2/18/99 7,500 $0.75
3/03/99 10,000 $0.6875
4/21/99 3,000 $0.625
4/28/99 11,000 $0.625
5/20/99 30,000 $0.5625
8/04/99 5,000 $0.6875
12/06/99 53,000 $0.625
12/08/99 5,000 $0.4688
