:----------: :---------------------------:
: FORM 4 : : OMB APPROVAL :
:----------: :---------------------------:
:OMB NUMBER 3235-0287 :
:EXPIRES: APRIL 30, 1997 :
:ESTIMATED AVERAGE BURDEN :
:HOURS PER RESPONSE.... 0.5 :
:---------------------------:
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
|_| CHECK THIS BOX IF NO LONGER SUBJECT TO SECTION 16. FORM 4
OR FORM 5 OBLIGATIONS MAY CONTINUE. SEE INSTRUCTION 1(B).
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1. Name and Address of Reporting Person
Davids Robert E.
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(Last) (First) (Middle)
c/o Radica Games Limited
Suite R, 6F., 2-12 Au Pui Wan Street
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(Street)
Fo Tan Hong Kong
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Radica Games Limited - RADAF**
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Statement for Month/Year
11/97
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person to Issuer (Check all applicable)
__X__ Director __X__ 10% Owner
__X__ Officer (give title below) _____ Other (Specify below)
Chief Executive Officer
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<PAGE>
TABLE I-NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
<TABLE>
<CAPTION>
1.Title of Security 2.Trans- 3.Trans- 4.Securities Acquired (A) 5.Amount of 6.Ownership 7.Nature of
(Instr. 3) action action or Disposed of (D) Securities Bene- Form: Direct Indirect
Date Code (Instr. 3, 4 and 5) ficially Owned (D) or Beneficial
(Month/ (Instr. 8) ------------------------ at End of Indirect (I) Ownership
Day/ ------------ Amount (A) or Price Month (Instr. (Instr. 4) (Instr. 4)
Year)<F1> Code V (D) 3 and 4)
- ------------------- --------- ------------ ------------------------ ------------------ -------------- ---------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Common Stock, $.01
par value 6/11-6/12 S 207,000 D $4.88 3,463,800 D
- ------------------------------------------------------------------------------------------------------------------------------------
6/27-7/3 S 309,200 D 5.97
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9/10-9/16 S 42,500 D 10.94-11.31
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9/19 S 800,000 D 10.12
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9/24 S 75,000 D 11.19
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9/30 S 45,000 D 10.94
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10/2-10/3 S 145,500 D 10.69-10.94
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10/9 S 92,000 D 10.69-10.75
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
(Print or Type Responses)
<FN>
<F1> All dates 1997.
</FN>
</TABLE>
** This Form is filed voluntarily. As a foreign private issuer, Radica is
exempted from Section 16 of the Exchange Act by Rule 3a12-3.
SEC 1474 (3/91)
<PAGE>
FORM 4 (CONTINUED)
TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
1. Title of Derivative Security (Instr. 3)
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2. Conversion or Exercise Price of Derivative Security
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3. Transaction Date (Month/Date/Year)
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4. Transaction Code (Instr. 8)
Code V
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5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
(A) (D)
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6. Date Exercisable and Expiration Date (Month/Day/Year)
Date Exercisable Expiration Date
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7. Title and Amount of Underlying Securities (Instr. 3 and 4)
Title Amount or Number of Shares
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8. Price of Derivative Security (Instr. 5)
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9. Number of Derivative Securities Beneficially Owned at End of Month
(Instr. 4)
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10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
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11. Nature of Indirect Beneficial Ownership (Instr. 4)
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Explanation of Responses:
/s/ Robert E. Davids 11/19/97
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**Signature of Reporting Person Date
Robert E. Davids
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
Page 2
SEC 1474 (3/91)
