UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. __)*
Shared Technologies Cellular, Inc.
----------------------------------
(Name of Issuer)
Common Stock, $.01 par value
----------------------------
(Title of Class of Securities)
819487 10 9
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(CUSIP Number)
AUGUST 10, 2000
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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:
|_| Rule 13d-1(b)
|X| 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 disclosure
provided in a prior cover page.
The information required in 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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SCHEDULE 13G
CUSIP No. 819487 10 9
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
SIB Investment Holdings Limited
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
a. |_|
b. |X|
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United Kingdom
5 SOLE VOTING POWER
NUMBER OF 1,814,110
SHARES
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0
EACH
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 1,814,110
WITH
8 SHARED DISPOSITIVE POWER
0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,814,110
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
|_|
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
13.55%
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
CO
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SCHEDULE 13G
CUSIP NO. 819487 10 9
-----------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Gulf International Bank (UK) Limited
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
a. |_|
b. |X|
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United Kingdom
5 SOLE VOTING POWER
NUMBER OF 1,814,110
SHARES
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0
EACH
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 1,814,110
WITH
8 SHARED DISPOSITIVE POWER
0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,814,110
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
|_|
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
13.55%
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
BK
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ITEM 1.
(a) NAME OF ISSUER
Shared Technologies Cellular, Inc.
(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
100 Great Meadow Road
Suite 104
Wethersfield, Connecticut 06109
ITEM 2.
(a) NAME OF PERSONS FILING
SIB Investment Holdings Limited
Gulf International Bank (UK) Limited
(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE
SIB Investment Holdings Limited
c/o Gulf International Bank (UK) Limited, New York Branch
335 Madison Avenue
New York, New York 10017
USA
Gulf International Bank (UK) Limited
New York Branch
335 Madison Avenue
New York, New York 10017
(c) CITIZENSHIP
SIB Investment Holdings Limited - United Kingdom
Gulf International Bank (UK) Limited - United Kingdom
(d) TITLE OF CLASS OF SECURITIES
Common Stock, par value $.01 per share
(e) CUSIP NUMBER
819487 10 9
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS. 240.13d-1(b) OR
SS. 240.13d-2(b) or (c), CHECK WHETHER THE PERSON FILING IS A:
(a) /_/ Broker or dealer registered under section 15 of the Act
(15 U.S.C. 78o);
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(b) /_/ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c) /_/ Insurance company as defined in section 3(a)(19) of the Act
(15 U.S.C. 78c);
(d) /_/ Investment company registered under section 8 of the Investment
Company Act of 1940 (15 U.S.C. 80a-8);
(e) /_/ An investment adviser in accordance withss.240.13d-1(b)(1)(ii)(E);
(f) /_/ An employee benefit plan or endowment fund in accordance withss.
240.13d-1(b)(1)(ii)(F);
(g) /_/ A parent holding company or control person in accordance withss.
240.13d-1(b)(ii)(G);
(h) /_/ A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813);
(i) /_/ A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment
Company Act of 1940 (15 U.S.C. 80a-3);
(j) /_/ Group, in accordance withss. 240.13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to ss. 240.13d-1(c), check this box. |X|
ITEM 4. OWNERSHIP
(a) AMOUNT BENEFICIALLY OWNED
SIB Investment Holdings Limited - 1,814,110(a)
Gulf International Bank (UK) Limited - 1,814,110(a)
(b) PERCENT OF CLASS
SIB Investment Holdings Limited - 13.55%(a)
Gulf International Bank (UK) Limited - 13.55%(a)
(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
i) SOLE POWER TO VOTE OR TO DIRECT THE VOTE
SIB Investment Holdings Limited - 1,814,110(a)
Gulf International Bank (UK) Limited - 1,814,110(a)
ii) SHARED POWER TO VOTE OR TO DIRECT THE VOTE
SIB Investment Holdings Limited - 0
Gulf International Bank (UK) Limited - 0
--------
(a) The 1,814,110 shares of Common Stock owned by Gulf International Bank (UK)
Limited ("GIB") includes the 1,814,100 shares of Common Stock owned by SIB
Investment Holdings Limited, an indirect wholly-owned subsidiary of GIB.
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iii) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF
SIB Investment Holdings Limited - 1,814,110(b)
Gulf International Bank (UK) Limited - 1,814,110(b)
iv) SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF
SIB Investment Holdings Limited - 0
Gulf International Bank (UK) Limited - 0
ITEM 5. OWNERSHIP OF FIVE 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 five percent of the class of securities check the following [ ].
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Not applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable.
ITEM 10.CERTIFICATION
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above 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 are not held in connection
with or as a participant in any transaction having that purpose or effect.
------------------------
(b) See footnote (a) on prior page.
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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.
AUGUST 15, 2000
---------------
Date
SIB INVESTMENT HOLDINGS LIMITED
By: /s/ GREGGA J. BAXTER
--------------------------------
Name: Gregga J. Baxter
Title: Vice President
GULF INTERNATIONAL BANK (UK) LIMITED
By: /s/ GREGGA J. BAXTER
-------------------------------
Name: Gregga J. Baxter
Title: Vice President
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