UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. __)*
TRANSMEDIA ASIA PACIFIC, INC.
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(Name of Issuer)
COMMON
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(Title of Class of Securities)
89376P103
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(CUSIP Number)
JULY 16, 1999
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(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|X| Rule 13d-1 (b)
|_| Rule 13d-1 (c)
|_| Rule 13d-1 (d)
* 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).
IN ACCORDANCE WITH RULE 201 OF REGULATION S-T THIS SCHEDULE 13G IS BEING FILED
IN PAPER PURSUANT TO A TEMPORARY HARDSHIP EXEMPTION.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB control number.
Page 1 of 6 pages
<PAGE>
CUSIP No. 89376P103
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
GLEACHER & CO., LLC
13-4053221
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
N/A (b) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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5 SOLE VOTING POWER
3,000,000
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NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON -0-
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,000,000
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
N/A
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.7
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12 TYPE OF REPORTING PERSON*
BROKER DEALER BD
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 6 pages
<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. __)
Item 1
Item 1(a) Name of Issuer: Transmedia Asia Pacific Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
11 St. James Square, London SW1Y 4LB England
Item 2
2(a) Name of Person Filing: Gleacher & Co. LLC
2(b) Address of Principal Business Office or, if none, Residence:
660 Madison Avenue New York, New York 10021
2(c) Citizenship: US A Delaware LLC
2(d) Title of Class of Securities: Common
2(e) CUSIP NO: 89376P103
Item 3
If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check
whether the person filing is a:
|X| Broker or Dealer registered under Section 15 of the Act.
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.
Amount Beneficially Owned: 3,000,000
Percent of Class: 12.7
Number of shares as to which such person has: 3,000,000
Sole power to vote or to direct the vote N/A
Shared power to vote or to direct the vote N/A
Sole power to dispose or to direct the disposition of N/A
Shared power to dispose or to direct the disposition of N/A
<PAGE>
Instruction - For computations regarding securities which represent a right to
acquire an underlying security see Rule 13d-3(d)(1).
(Per Rule 13d-3(d)(1)(i)(A) Gleacher owns 3,000,000 warrants, exercisable at any
time into common shares, pursuant to a warrant agreement dated July 16, 1999.)
Item 5
Ownership of 5 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 5 percent of the class of securities, check
the following |_|. N/A
Item 6. Ownership of More than 5 Percent on Behalf of Another Person. N/A
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company or Control Person. N/A
Item 8. Identification and Classification of Members of the Group. N/A
Item 9. Notice of Dissolution of Group. N/A
Item 10. Certifications.
The following certification shall be included if the statement is filed pursuant
to Rule 13d-1(b):
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired and are held in the ordinary course
of business and 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 were not held in connection with or as a
participant in any transaction having that purpose or effect.
Signature /s/ John Grocki
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
August 13, 1999
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Signature /s/ John Grocki
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Name/Title
John Grocki/Director
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