UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 5
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check box if no longer subject to Section 16.
( ) Form 3 Holdings Reported Form 4 or Form 5 obligations may continue.
See Instructions 1(b).
(X) Form 4 Transactions Reported
1. Name and Address of Reporting Person
Robert J. Elfanbaum
13801 Riverport Drive, Suite 111
Maryland Heights, MD 63043
2. Issuer Name and Ticker or Trading Symbol
Agri-Nutrition Group Limited (AGNU)
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable) ( )
Director ( ) 10% Owner (X) Officer (give title below) ( ) Other (specify
below) Chief Financial Officer
7. Individual or Joint/Group Reporting (Check Applicable Line) (x) Form filed by
One Reporting Person ( ) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
|Transaction| or Disposed of (D) | Securities |ect | Beneficial Ownership |
|Date |Code| | Beneficially |(D)or | |
| | | | A/| | Owned at |Indir | |
| | | Amount | D | Price | End of Year |ect(I)| |
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
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<CAPTION>
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Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer |Date |Code| rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise Pr | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|ice of | | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity | | | Amount | |ble | | | |Year |(I)| |
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Stock Option |$2.00 |9/18/97|D(1) 5,000 |D |(2) |12/1/05 Common |5,000 | |D | |
| | | | | | | Stock | | | | | |
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Stock Option |$3.50 |9/18/97 D(1) 15,000 |D |(3) |7/3/05 Common |15,000 | |D | |
| | | | | | | | Stock | | | | | |
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Stock Option |$1.4375 |9/18/97|A(4) 20,000 |A |(5) |9/18/07 Common |20,000 | |D | |
| | | | | | | | Stock | | | | | |
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Stock Option |$1.375 |11/21/97|A| 20,000 |A |(6) |11/21/07 Common |20,000 | 100,000 |D | |
| | | | | | | | Stock | | | | | |
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</TABLE>
Explanation of Responses:
(1) Cancellation of options in connection with grant of replacement options (2)
2,500 shares became exercisable on each of 12/1/96 and 12/1/97 (3) 5,000 shares
became exercisable on each of 7/3/96, 7/3/97 and 7/3/98 (4) Replacement options
referred to in Note (1) (5) 12,500 are currently exercisable, 2,500 and 5,000
shares become exercisable on 12/1/97 and 7/3/98, respectively (6) 10,000 shares
become exercisable on each of 11/21/98 and 11/21/99
SIGNATURE OF REPORTING PERSON
/s/ Robert J. Elfanbaum
Robert J. Elfanbaum
DATE
December 15, 1997
