SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(RULE 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS
FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS
THERETO FILED PURSUANT TO RULE 13d-2(a)
(AMENDMENT NO. 1)*
AT Plastics Inc.
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(Name of Issuer)
Common Shares
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(Title of Class of Securities)
001947100
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(CUSIP Number)
Dennis J. Block, Esq.
Cadwalader, Wickersham & Taft
100 Maiden Lane, New York, NY 10038
(212) 504-6000
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
March 16, 1999
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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 that is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), 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 13d-7(b) for other
parties to whom copies are to be sent.
*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. 001947100 SCHEDULE 13D PAGE 2 OF 5 PAGES
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1 NAME OF REPORTING PERSON
Perry Corp.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) /x/ (b) / /
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (See Instructions)
OO
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d)
or 2(e) / /
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
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7 SOLE VOTING POWER
3,510,050
NUMBER OF ----------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY None
OWNED BY ----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 3,510,050
PERSON ----------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
None
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,510,050
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12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See
Instructions) / /
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
17.5%
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14 TYPE OF REPORTING PERSON (See Instructions)
CO
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CUSIP NO. 001947100 SCHEDULE 13D PAGE 3 OF 5 PAGES
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1 NAME OF REPORTING PERSON
Richard C. Perry
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) /x/ (b) / /
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (See Instructions)
OO
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d)
or 2(e) / /
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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7 SOLE VOTING POWER
3,510,050 (all shares beneficially owned by Perry Corp.)
NUMBER OF ----------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY None
OWNED BY ----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 3,510,050 (all shares beneficially owned by Perry Corp.)
PERSON ----------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
None
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,510,050
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12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See
Instructions) / /
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
17.5%
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14 TYPE OF REPORTING PERSON (See Instructions)
IN
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CUSIP NO. 001947100 SCHEDULE 13D PAGE 4 OF 5 PAGES
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ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) Based on publicly available information, the Issuer has issued and
outstanding 20,140,000 Common Shares.
Perry Corp. is the beneficial owner of 3,510,050 Common Shares, or
17.5% of the outstanding Common Shares. Richard C. Perry is the beneficial owner
of 3,510,050 Common Shares, or 17.5% of the outstanding Common Shares.
1(b)
PERRY CORP. RICHARD C. PERRY
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SOLE POWER TO VOTE/ DIRECT 3,510,050 3,510,050
VOTE
SHARED POWER TO VOTE/ DIRECT None None
VOTE
SOLE POWER TO DISPOSE/ DIRECT 3,510,050 3,510,050
DISPOSITION
SHARED POWER TO DISPOSE/ None None
DIRECT DISPOSITION
(c)
Date Number of Shares Purchased Purchase Price per Share (USD)
---- -------------------------- ------------------------------
2/18/99 73,900 4.8775
2/19/99 56,100 4.8740
2/19/99 1,600 4.9040
3/10/99 247,700 4.7313
3/16/99 945,600 4.6475
(d) No other person has the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the sale of, the Common Shares.
(e) N/A.
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CUSIP NO. 001947100 SCHEDULE 13D PAGE 5 OF 5 PAGES
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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: March 16, 1999
New York, NY
Perry Corp.
By: /s/ Richard C. Perry
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Richard C. Perry
President and Chief Executive Officer
Dated: March 16, 1999
New York, NY
By: /s/ Richard C. Perry
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Richard C. Perry
