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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 5)(1)
GREG MANNING AUCTIONS, INC.
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(Name of issuer)
COMMON STOCK, $.01 PAR VALUE
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(Title of class of securities)
563823103
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(CUSIP number)
BRUCE A. RICH, ESQ.
BECKER, GLYNN, MELAMED & MUFFLY LLP
299 Park Avenue
New York, New York 10171
(212) 888-3033
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(Name, address and telephone number of person
authorized to receive notices and communications)
JUNE 15, 2000
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(Date of event which requires filing of this statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1 (b)(3) or (4), check the following box |_|.
Note. Schedules filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits. See Rule 240.13d-7 for
other parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 5 Pages)
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(1) 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 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).
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CUSIP No. 563823103 13D Page 2 of 5
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<S> <C> <C>
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
AFINSA BIENES TANGIBLES S.A.
(No S.S. or I.R.S. Identification No.)
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
SPAIN
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NUMBER OF 7 SOLE VOTING POWER
SHARES 1,301,507
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BENEFICIALLY
OWNED BY 8 SHARED VOTING POWER
-0-
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EACH
REPORTING 9 SOLE DISPOSITIVE POWER
1,301,507
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PERSON WITH
10 SHARED DISPOSITIVE POWER
-0-
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,301,507
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* |_|
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13.0%
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14 TYPE OF REPORTING PERSON*
CO
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SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 563823103 13D Page 3 of 5
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This amendment amends a statement on Schedule 13D relating to Shares
of the Common Stock of Greg Manning Auctions, Inc. (the "Issuer") filed with the
Securities and Exchange Commission (the "Commission") on August 4, 1997, as
amended by Amendment No. 1, filed with the Commission on August 20, 1997,
Amendment No. 2, filed with the Commission on August 27, 1997, Amendment No. 3,
filed with the Commission on February 16, 1999 and Amendment No. 4, filed with
the Commission on February 25, 1999 (the "Schedule 13D"). This amendment reports
the purchase of 32,150 Shares of Common Stock of the Issuer ("Shares") by AFINSA
Bienes Tangibles S.A., a corporation organized under the laws of Spain
("AFINSA").
Unless otherwise indicated, the information set forth in Schedule
13D remains unchanged and each capitalized term not defined herein shall have
the meaning assigned to such term in Schedule 13D.
Item 3. Source and Amount of Funds or Other Consideration.
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The source of funds used in making the additional purchase of 57,050
Shares for an aggregate purchase price of $685,690 was working capital of
AFINSA.
Item 5. Interest in Securities of the Issuer.
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(a) As of June 26, 2000, the aggregate number of Shares beneficially
owned by AFINSA is 1,301,507, representing approximately 13.0% of the total
number of Shares outstanding, based on 9,855,059 Shares represented by the
Issuer as outstanding in its Quarterly Report on Form 10-QSB for the period
ended March 31, 2000, plus 126,833 Shares into which the 126,833 warrants issued
to AFINSA by the Issuer on February 10, 1999 (previously reported on Amendment
No. 4 to this Schedule 13D) may be exercised.
(b) AFINSA has sole power to vote or direct the vote and to dispose
or direct the disposition of the Shares of the Issuer that are the subject of
this Schedule 13D.
(c) In the past 60 days, AFINSA purchased an aggregate of 57,050
Shares in the open market on the dates and at the prices set forth in Schedule
B hereto. Each transaction was effected by Sterling Financial Investment Group
Inc. on behalf of AFINSA.
In connection with the transaction reported in Amendment No. 4 to
this Schedule 13D filed with the Commission on February 25, 1999, the Issuer
issued to AFINSA 126,833 warrants, which warrants have become exercisable.
(d) Not applicable.
(e) Not applicable.
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CUSIP No. 563823103 13D Page 4 of 5
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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.
Dated: June 26, 2000
AFINSA BIENES TANGIBLES S.A.
By: /s/ Albertino de Figueiredo
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Albertino de Figueiredo
President and Chairman
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CUSIP No. 563823103 13D Page 5 of 5
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SCHEDULE B
TRANSACTIONS IN COMMON STOCK FROM 4/26/00 THROUGH 6/26/00
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Date Quantity Price Transaction Type
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<S> <C> <C> <C>
5/31/00 6,800 12.2223 Open Mkt. Purchase
5/31/00 1,000 12.1250 Open Mkt. Purchase
5/31/00 1,500 12.3750 Open Mkt. Purchase
6/05/00 3,600 12.9130 Open Mkt. Purchase
6/06/00 550 13.1250 Open Mkt. Purchase
6/07/00 1,600 12.5906 Open Mkt. Purchase
6/08/00 7,300 12.1220 Open Mkt. Purchase
6/09/00 7,300 12.0676 Open Mkt. Purchase
6/15/00 2,500 11.9781 Open Mkt. Purchase
6/16/00 12,300 11.8166 Open Mkt. Purchase
6/20/00 4,000 11.6344 Open Mkt. Purchase
6/21/00 3,000 11.4903 Open Mkt. Purchase
6/22/00 3,500 11.6953 Open Mkt. Purchase
6/23/00 2,100 11.5357 Open Mkt. Purchase
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Each of the above transactions was effected by Sterling Financial Investment
Group Inc. on behalf of AFINSA.
