SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 14)
SPS Technologies, Inc.
____________________________________________________________
(Name of Issuer)
Common Stock, Par Value $1.00 Per Share
____________________________________________________________
(Title of Class and Securities)
784626 10 3
___________________________________________________________
(CUSIP Number of Class of Securities)
John F. Keane
Tinicum Enterprises, Inc.
990 Stewart Avenue
Garden City, New York 11530
(516) 222-2874
_____________________________________________________________
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
Copy to:
Paul T. Schnell, Esq.
Skadden, Arps, Slate, Meagher & Flom LLP
919 Third Avenue
New York, New York 10022
(212) 735-3000
December 31, 1996
____________________________________________________________
(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 which is the subject
of this Schedule 13D, and is filing this schedule because
of Rule 13d-1(b)(3) or (4), check the following box: ( )
Check the following box if a fee is being paid with this
Statement: ( )
SCHEDULE 13D
CUSIP No. 784626 10 3
_________________________________________________________________
(1) NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
TINICUM INVESTORS 13-3800339
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) ( )
(b) ( )
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) SOURCE OF FUNDS*
OO, WC, BK
_________________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) ( )
__________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
_________________________________________________________________
(7) SOLE VOTING POWER
NUMBER OF 756,569
SHARES ___________________________________
BENEFICIALLY (8) SHARED VOTING POWER
OWNED BY 0
EACH ___________________________________
REPORTING (9) SOLE DISPOSITIVE POWER
PERSON 756,569
WITH ___________________________________
(10) SHARED DISPOSITIVE POWER
0
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
756,569
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN
SHARES* ( )
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
12.6%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
PN
_________________________________________________________________
SCHEDULE 13D
CUSIP No. 784626 10 3
_________________________________________________________________
(1) NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
DERALD H. RUTTENBERG ###-##-####
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) ( )
(b) ( )
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) SOURCE OF FUNDS*
PF, BK
_________________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) ( )
__________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
_________________________________________________________________
(7) SOLE VOTING POWER
NUMBER OF 0
SHARES ___________________________________
BENEFICIALLY (8) SHARED VOTING POWER
OWNED BY 0
EACH ___________________________________
REPORTING (9) SOLE DISPOSITIVE POWER
PERSON 0
WITH ___________________________________
(10) SHARED DISPOSITIVE POWER
0
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN
SHARES* ( )
See Item 5
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.0%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
IN
_________________________________________________________________
SCHEDULE 13D
CUSIP No. 784626 10 3
_________________________________________________________________
(1) NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
ERIC M. RUTTENBERG ###-##-####
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) ( )
(b) ( )
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) SOURCE OF FUNDS*
OO, PF, BK
_________________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) ( )
__________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
_________________________________________________________________
(7) SOLE VOTING POWER
NUMBER OF 3,379
SHARES ___________________________________
BENEFICIALLY (8) SHARED VOTING POWER
OWNED BY 0
EACH ___________________________________
REPORTING (9) SOLE DISPOSITIVE POWER
PERSON 3,379
WITH ___________________________________
(10) SHARED DISPOSITIVE POWER
0
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,379
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN
SHARES* ( )
See Item 5
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.1%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
IN
_________________________________________________________________
SCHEDULE 13D
CUSIP No. 784626 10 3
_________________________________________________________________
(1) NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
JOHN C. RUTTENBERG ###-##-####
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) ( )
(b) ( )
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) SOURCE OF FUNDS*
PF, BK
_________________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) ( )
__________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
_________________________________________________________________
(7) SOLE VOTING POWER
NUMBER OF 0
SHARES ___________________________________
BENEFICIALLY (8) SHARED VOTING POWER
OWNED BY 0
EACH ___________________________________
REPORTING (9) SOLE DISPOSITIVE POWER
PERSON 0
WITH ___________________________________
(10) SHARED DISPOSITIVE POWER
0
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN
SHARES* ( )
See Item 5
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.0%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
IN
_________________________________________________________________
SCHEDULE 13D
CUSIP No. 784626 10 3
_________________________________________________________________
(1) NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
KATHERINE T. RUTTENBERG ###-##-####
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) ( )
(b) ( )
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) SOURCE OF FUNDS*
PF, BK
_________________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) ( )
__________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
_________________________________________________________________
(7) SOLE VOTING POWER
NUMBER OF 0
SHARES ___________________________________
BENEFICIALLY (8) SHARED VOTING POWER
OWNED BY 0
EACH ___________________________________
REPORTING (9) SOLE DISPOSITIVE POWER
PERSON 0
WITH ___________________________________
(10) SHARED DISPOSITIVE POWER
0
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN
SHARES* ( )
See Item 5
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.0%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
IN
_________________________________________________________________
SCHEDULE 13D
CUSIP No. 784626 10 3
_________________________________________________________________
(1) NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
HATTIE RUTTENBERG ###-##-####
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) ( )
(b) ( )
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) SOURCE OF FUNDS*
PF, BK
_________________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) ( )
__________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
_________________________________________________________________
(7) SOLE VOTING POWER
NUMBER OF 0
SHARES ___________________________________
BENEFICIALLY (8) SHARED VOTING POWER
OWNED BY 0
EACH ___________________________________
REPORTING (9) SOLE DISPOSITIVE POWER
PERSON 0
WITH ___________________________________
(10) SHARED DISPOSITIVE POWER
0
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN
SHARES* ( )
See Item 5
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.0%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
IN
_________________________________________________________________
SCHEDULE 13D
CUSIP No. 784626 10 3
_________________________________________________________________
(1) NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
RIT CAPITAL PARTNERS plc
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) ( )
(b) ( )
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) SOURCE OF FUNDS*
WC
_________________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) ( )
__________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED KINGDOM
_________________________________________________________________
(7) SOLE VOTING POWER
NUMBER OF 132,311
SHARES ___________________________________
BENEFICIALLY (8) SHARED VOTING POWER
OWNED BY 0
EACH ___________________________________
REPORTING (9) SOLE DISPOSITIVE POWER
PERSON 132,311
WITH ___________________________________
(10) SHARED DISPOSITIVE POWER
0
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
132,311
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN
SHARES* ( )
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
2.2%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
IV
_________________________________________________________________
SCHEDULE 13D
CUSIP No. 784626 10 3
_________________________________________________________________
(1) NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
PUTNAM L. CRAFTS, JR. ###-##-####
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) ( )
(b) ( )
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) SOURCE OF FUNDS*
PF
_________________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) ( )
__________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES
_________________________________________________________________
(7) SOLE VOTING POWER
NUMBER OF 100,000
SHARES ___________________________________
BENEFICIALLY (8) SHARED VOTING POWER
OWNED BY 0
EACH ___________________________________
REPORTING (9) SOLE DISPOSITIVE POWER
PERSON 100,000
WITH ___________________________________
(10) SHARED DISPOSITIVE POWER
0
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN
SHARES* (X)
See Item 5
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
1.7%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
IN
_________________________________________________________________
This Statement constitutes Amendment No. 14 to the
Statement on Schedule 13D (the "Schedule 13D") filed with
the Securities and Exchange Commission by Tinicum
Enterprises, Inc., a Delaware corporation ("Enterprises"),
Tinicum Investors, L.P., a Delaware limited partnership
("Investors"), RIT Capital Partners plc, a United Kingdom
corporation ("RIT"), J. Rothschild Holdings plc, a United
Kingdom corporation ("JRH"), J. Rothschild Capital
Management Limited, a United Kingdom corporation ("JRCML"),
St. James's Place Capital plc, a United Kingdom corporation
("SJPC"), and Mr. Putnam L. Crafts, Jr. ("Mr. Crafts") in
connection with their ownership of shares of common stock,
par value $1.00 per share (the "Shares"), of SPS
Technologies Inc., a Pennsylvania corporation (the
"Issuer"). This Amendment No. 14 is being filed by Tinicum
Investors, a Delaware general partnership ("Investors II"),
RIT, Mr. Derald H. Ruttenberg ("Derald Ruttenberg"), Mr.
Eric M. Ruttenberg ("Eric Ruttenberg"), Mr. John C.
Ruttenberg ("John Ruttenberg"), Ms. Katherine T. Ruttenberg
("Katherine Ruttenberg"), Ms. Hattie Ruttenberg ("Hattie
Ruttenberg" and together with Derald, Eric, John and
Katherine Ruttenberg, the "Ruttenbergs") and Mr. Crafts.
Unless otherwise defined herein, capitalized terms
used herein shall have the meanings ascribed to them in the
Schedule 13D.
ITEM 2. IDENTITY AND BACKGROUND.
Item 2 is hereby amended and supplemented by adding the
following:
(a)-(c), (f) Investors II is a private investment
company. The managing partners of Investors II are Eric
Ruttenberg and Derald Ruttenberg. The other partners of
Investors II are RUTCO Incorporated, a Delaware corporation
("RUTCO"), John Ruttenberg, Katherine Ruttenberg, Hattie
Ruttenberg, Enterprises, Tinicum Associates, Inc., a
Delaware corporation ("Associates"), Tinicum Foreign
Investments Corporation, a Delaware corporation ("Foreign"),
Robert J. Kelly and Seth M. Hendon.
The business address and present principal
occupation, respectively, of each of Robert J. Kelly and
Seth M. Hendon is 990 Stewart Avenue, Garden City, New York
11530 and serving as a general partner of Investors II.
Each of Robert J. Kelly and Seth M. Hendon is a United
States citizen.
As a result of the contribution by each of Derald
Ruttenberg, John Ruttenberg, Hattie Ruttenberg and Katherine
Ruttenberg to Investors II of all of the Shares owned by
such Ruttenbergs (see Item 5(c)), each of Derald Ruttenberg,
John Ruttenberg, Hattie Ruttenberg and Katherine Ruttenberg
disclaims membership in any "group" with the Reporting
Persons with respect to the Shares for purposes of Sections
13(d) and 13(g) of the Exchange Act, or for any other
purposes under any other provisions of the Exchange Act or
the General Rules and Regulations promulgated thereunder.
As a result, each of Derald Ruttenberg, John Ruttenberg,
Hattie Ruttenberg and Katherine Ruttenberg are no longer
deemed to be reporting persons for purposes of Rule 13d-1 of
the General Rules and Regulations of the Exchange Act.
Hereinafter, "Reporting Persons" and "Tinicum Reporting
Persons" shall no longer include Derald Ruttenberg, John
Ruttenberg, Hattie Ruttenberg or Katherine Ruttenberg.
On July 19, 1996, JRCML was sold by SJPC to RIT,
pursuant to the laws of the United Kingdom. Following such
sale, JRCML became a wholly-owned subsidiary of RIT and, as
a result, each of JRCML and SJPC are no longer deemed to be
reporting persons for purposes of Rule 13d-1 of the General
Rules and Regulations of the Exchange Act. Hereinafter,
"Reporting Persons" and "Rothschild Reporting Persons" shall
no longer include JRCML or SJPC.
The name, business address and present principal
employment or occupation and citizenship of each of the
executive officers and directors of RIT are set forth on
Schedule II hereto and incorporated herein by reference.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Item 3 is hereby amended and supplemented by adding the
following:
The Shares purchased by the Ruttenbergs, since May
10, 1996 were paid for out of personal funds and/or with the
proceeds of borrowings under the Line of Credit.
The Shares transferred to Investors II by the
Ruttenbergs (see Item 5(c)) were contributed for an
aggregate consideration of $8,238,142.50 (excluding
brokerage commissions), in the form of increases in the
partnership interests of the Ruttenbergs in Investors II.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Item 5 is hereby amended and supplemented by adding the
following:
(a) As of the close of business on the date hereof,
the Reporting Persons beneficially owned an aggregate of
992,259 Shares (including a total of 2,926 Shares
purchasable upon the exercise of certain options granted to
Eric Ruttenberg (the "Option Shares")), which represent
approximately 16.6% of the outstanding Shares (including the
Option Shares, which have been treated as outstanding for
purposes of computing percent of class), based on the
5,996,661 Shares reported as outstanding on November 4,
1996, in the Issuer's Quarterly Report on Form 10-Q for the
quarter ended September 30, 1996. In accordance with Rule
13d-5(b)(1) of the General Rules and Regulations under the
Exchange Act, Investors II, RIT, Eric Ruttenberg and Mr.
Crafts as a group may be deemed to beneficially own such
Shares. As of the close of business on the date hereof,
Investors II, RIT, Derald Ruttenberg, Eric Ruttenberg, John
Ruttenberg, Katherine Ruttenberg, Hattie Ruttenberg and Mr.
Crafts had direct beneficial ownership of 756,569, 132,311,
0, 3,379 (including the Option Shares), 0, 0, 0 and 100,000
Shares, respectively.
(b) Each of Investors II, RIT, Eric Ruttenberg and Mr.
Crafts has sole power to vote or to direct the vote and sole
power to dispose or to direct the disposition of the Shares
of which it or he has direct beneficial ownership.
(c) On December 31, 1996, each of the Ruttenbergs
transferred 25,446 Shares owned by such person to Investors
II. Such transfers, in aggregate amount of 127,230 Shares,
were capital contributions made by each of the Ruttenbergs,
as partners of Investors II, in exchange for an increase in
such partner's respective partnership interest in Investors
II. The 127,230 Shares were contributed to Investors II by
the Ruttenbergs at $64.75 per Share, the average of the high
and low trading price of the Shares on the New York Stock
Exchange on December 31, 1996.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
Item 7 is hereby amended and supplemented by
adding the following exhibit:
Exhibit 19: Sixth Amended and Restated Joint
Filing Agreement, dated as of January 24, 1997, by and among
the Reporting Persons.
SIGNATURE
After reasonable inquiry and to the best of its
knowledge and belief, the undersigned certifies that the
information set forth in this statement is true, complete
and correct.
Dated: January 24, 1997
TINICUM INVESTORS
By:/s/ Eric M. Ruttenberg
Eric M. Ruttenberg
Managing Partner
SIGNATURE
After reasonable inquiry and to the best of its
knowledge and belief, the undersigned certifies that the
information set forth in this statement is true, complete
and correct.
Dated: January 24, 1997
RIT CAPITAL PARTNERS plc
By:/s/ D. W. A. Budge
D. W. A. Budge
Director
SIGNATURE
After reasonable inquiry and to the best of its
knowledge and belief, the undersigned certifies that the
information set forth in this statement is true, complete
and correct.
Dated: January 24, 1997
By:/s/ Eric M. Ruttenberg
Derald H. Ruttenberg
by Eric M. Ruttenberg, Attorney-in-fact
SIGNATURE
After reasonable inquiry and to the best of its
knowledge and belief, the undersigned certifies that the
information set forth in this statement is true, complete
and correct.
Dated: January 24, 1997
By:/s/ Eric M. Ruttenberg
Eric M. Ruttenberg
SIGNATURE
After reasonable inquiry and to the best of its
knowledge and belief, the undersigned certifies that the
information set forth in this statement is true, complete
and correct.
Dated: January 24, 1997
By:/s/ Eric M. Ruttenberg
John C. Ruttenberg
by Eric M. Ruttenberg, Attorney-in-fact
SIGNATURE
After reasonable inquiry and to the best of its
knowledge and belief, the undersigned certifies that the
information set forth in this statement is true, complete
and correct.
Dated: January 24, 1997
By:/s/ Eric M. Ruttenberg
Katherine T. Ruttenberg
by Eric M. Ruttenberg, Attorney-in-fact
SIGNATURE
After reasonable inquiry and to the best of its
knowledge and belief, the undersigned certifies that the
information set forth in this statement is true, complete
and correct.
Dated: January 24, 1997
By:/s/ Eric M. Ruttenberg
Hattie Ruttenberg
by Eric M. Ruttenberg, Attorney-in-fact
SIGNATURE
After reasonable inquiry and to the best of its
knowledge and belief, the undersigned certifies that the
information set forth in this statement is true, complete
and correct.
Dated: January 24, 1997
By:/s/ Putnam L. Crafts, Jr.
Putnam L. Crafts, Jr.
SCHEDULE II
Directors and Executive Officers of RIT Capital
Partners plc ("RIT"). The name, business or residence
address, principal occupation or employment and citizenship
of each of the directors and executive officers of RIT and
the name, address and principal business of any organization
in which such employment is conducted are set forth below.
The business and address of St James's Place Capital plc
("SJPC") are not repeated in this table.
Directors
---------
Business or Principal
Residence Occupation
Name Address or Employment Citizenship
---- ----------- ------------- -----------
Lord 27 St James's Chairman of Value British
Rothschild Place Realisation Trust
(Chairman) London SW1A 1NR plc and Director of
England SJPC
Charles Swan House, Director, Stanhope British
Howard Madeira Walk, Administration
Bailey Windsor Limited, Swan
Berkshire SL4 House, Madeira
1EU Walk, Windsor,
England Berkshire SL4 1EU
(accounting and
administrative
services);
Director, General
Oriental
Investments
Limited, P.O. Box
309, Cayman
Islands, British
West Indies
(investment
company)
Anthony 27 St James's Director, Sketchley South
Herbert Place plc Rugby Road, African
Bloom London SW1A 1NR Hinckley,
England Leicestershire
LE10 2NE, England
(dry cleaning and
related
industries);
Director, Rockridge
Consolidated
Limited, 4 Harley
Street, London W1N
1AA, England
(financial
services)
Duncan 27 St James's Director & Chief British
William Place Operating Officer,
Allan London SW1A 1NR RIT
Budge England
Andrew 88 St George's Farmer British
Stephen Square
Bower London SWIV 3QX
Knight England
Baron Boulevard President, Banque Belgian
Phillippe Jacques- Bruxelles Lambert
Lambert Dalcroze 5, CH- (Suisse) SA,
1211 Geneva 3 Boulevard Jacques-
Switzerland Dalcroze 5, CH-
1211, Geneva 5,
Switzerland
(international
bank)
Jean 10 Place du Private investor, Italian
Pigozzi Grand-Mezel, 10 Place du Grand-
1204 Geneva, Mezel, 1204 Geneva,
Switzerland Switzerland
(investments
worldwide)
Executive Officers
------------------
Stephen 27 St James's Company Secretary, British
Robin Place SJPC
Sanders London SW1A 1NR Compliance Officer,
England St James's Place
Capital group of
companies
David Neil 27 St James's Deputy Company British
Wood Place Secretary, SJPC
London SW1A 1NR Director, J
England Rothschild Capital
Management Limited
The Corporate Secretary of RIT is J Rothschild Capital
Management Limited.
EXHIBIT INDEX
Exhibit 19: Sixth Amended and Restated Joint
Filing Agreement, dated as of January 24, 1996, by and among
the Reporting Persons.
SIXTH AMENDED AND RESTATED JOINT FILING AGREEMENT
In accordance with Rule 13d-1(f) promulgated under the
Securities Exchange Act of 1934, as amended, the undersigned
hereby agree to the joint filing with all other Reporting Persons
(as such term is defined in the Schedule 13D referred to below)
on behalf of each of them of a Statement on Schedule 13D
(including any amendments thereto) with respect to the common
stock, par value $1.00 per share, of SPS Technologies, Inc., a
Pennsylvania corporation. The undersigned further consent and
agree to the inclusion of this Agreement as an Exhibit to such
Schedule 13D. This Agreement may be executed in any number of
counterparts, all of which taken together shall constitute one
and the same instrument.
IN WITNESS WHEREOF, the undersigned have executed this
agreement as of the 24th day of January, 1997.
TINICUM INVESTORS
By:/s/ Eric M. Ruttenberg
Eric M. Ruttenberg
Managing Partner
RIT CAPITAL PARTNERS plc
By:D. W. A. Budge
D. W. A. Budge
Director
/s/ Eric M. Ruttenberg
Derald H. Ruttenberg
by Eric M. Ruttenberg, Attorney-in-fact
/s/ Eric M. Ruttenberg
Eric M. Ruttenberg
/s/ Eric M. Ruttenberg
John C. Ruttenberg
by Eric M. Ruttenberg, Attorney-in-fact
/s/ Eric M. Ruttenberg
Katherine T. Ruttenberg
by Eric M. Ruttenberg, Attorney-in-fact
/s/ Eric M. Ruttenberg
Hattie Ruttenberg
by Eric M. Ruttenberg, Attorney-in-fact
/s/ Putnam L. Crafts, Jr.
Putnam L. Crafts, Jr.
