DEUTSCHE BANK AG\
SC 13G, 1999-06-24
Previous: VANTIVE CORP, S-8, 1999-06-24
Next: PENN STREET FUND INC, 497, 1999-06-24



                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  ------------

                                 SCHEDULE 13G/A

                    Under the Securities Exchange Act of 1934

                                (Amendment No. 1)

                                ARM Holdings plc.
                           --------------------------
                                (Name of issuer)


                                  Common Stock
                           --------------------------
                         (Title of class of securities)


                                    04206810
                           --------------------------
                                 (CUSIP number)


                                  June 16, 1999
                           --------------------------
             (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)

<PAGE>




- ---------------------------------            -----------------------------------
CUSIP No. 04206810                  13G      Page 2 of 10 Pages
- ---------------------------------            -----------------------------------



- -------- -----------------------------------------------------------------------
1        NAME OF REPORTING PERSON
         S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

         Deutsche Bank A.G.
- -------- -----------------------------------------------------------------------
2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP              (a) (_)
                                                                       (b) (_)
- -------- -----------------------------------------------------------------------
3        SEC USE ONLY

- -------- -----------------------------------------------------------------------
4        CITIZENSHIP OR PLACE OF ORGANIZATION

         Federal Republic of Germany
- -------- -----------------------------------------------------------------------
NUMBER OF SHARES             5      SOLE VOTING POWER
BENEFICIALLY OWNED BY               0
EACH REPORTING               ------ --------------------------------------------
PERSON WITH                         SHARED VOTING POWER
                             6      16,536,108
                             ------ --------------------------------------------
                                    SOLE DISPOSITIVE POWER
                             7      0
                             ------ --------------------------------------------
                                    SHARED DISPOSITIVE POWER
                             8      19,145,065
- -------- -----------------------------------------------------------------------
 9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         19,145,065
- -------- -----------------------------------------------------------------------
10       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
         CERTAIN SHARES                                                   (__)
- -------- -----------------------------------------------------------------------
11       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

         10.1%
- -------- -----------------------------------------------------------------------
12       TYPE OF REPORTING PERSON

         HC, BK, CO
- -------- -----------------------------------------------------------------------

<PAGE>




- ---------------------------------            -----------------------------------
CUSIP No. 04206810                  13G      Page 3 of 10 Pages
- ---------------------------------            -----------------------------------



- -------- -----------------------------------------------------------------------
   1     NAME OF REPORTING PERSON
         S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

         Morgan Grenfell Asset Management Limited
- -------- -----------------------------------------------------------------------
   2     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP              (a) (_)
                                                                       (b) (_)
- -------- -----------------------------------------------------------------------
   3     SEC USE ONLY

- -------- -----------------------------------------------------------------------
   4     CITIZENSHIP OR PLACE OF ORGANIZATION

         England and Wales
 ----------------------------- ------ ------------------------------------------
 NUMBER OF SHARES                5    SOLE VOTING POWER
 BENEFICIALLY OWNED BY                0
 EACH REPORTING                ------ ------------------------------------------
 PERSON WITH                          SHARED VOTING POWER
                                 6    15,613,608
                               ------ ------------------------------------------
                                      SOLE DISPOSITIVE POWER
                                 7    0
                               ------ ------------------------------------------
                                      SHARED DISPOSITIVE POWER
                                 8    18,222,565
- -------- -----------------------------------------------------------------------
   9     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         18,222,565
- -------- -----------------------------------------------------------------------
  10     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
         CERTAIN SHARES                                                   (__)
- -------- -----------------------------------------------------------------------
  11     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

         9.6%
- -------- -----------------------------------------------------------------------
  12     TYPE OF REPORTING PERSON

         HC, IA
- -------- -----------------------------------------------------------------------


<PAGE>




- ---------------------------------            -----------------------------------
CUSIP No. 04206810                  13G      Page 4 of 10 Pages
- ---------------------------------            -----------------------------------



- -------- -----------------------------------------------------------------------
   1     NAME OF REPORTING PERSON
         S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

         Morgan Grenfell Investment Management Limited
- -------- -----------------------------------------------------------------------
   2     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP              (a) (_)
                                                                       (b) (_)
- -------- -----------------------------------------------------------------------
   3     SEC USE ONLY

- -------- -----------------------------------------------------------------------
   4     CITIZENSHIP OR PLACE OF ORGANIZATION

         England and Wales
 ----------------------------- ------ ------------------------------------------
 NUMBER OF SHARES                5    SOLE VOTING POWER
 BENEFICIALLY OWNED BY                0
 EACH REPORTING                ------ ------------------------------------------
 PERSON WITH                          SHARED VOTING POWER
                                 6    13,093,818
                               ------ ------------------------------------------
                                      SOLE DISPOSITIVE POWER
                                 7    0
                               ------ ------------------------------------------
                                      SHARED DISPOSITIVE POWER
                                 8    15,161,054
- -------- -----------------------------------------------------------------------
   9     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         15,161,054
- -------- -----------------------------------------------------------------------
  10     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
         CERTAIN SHARES                                                   (__)
- -------- -----------------------------------------------------------------------
  11     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

         8.0%
- -------- -----------------------------------------------------------------------
  12     TYPE OF REPORTING PERSON

         HC, IA
- -------- -----------------------------------------------------------------------




<PAGE>


Item 1(a).     Name of Issuer:

               ARM Holdings plc.(the "Issuer")

Item 1(b).     Address of Issuer's Principal Executive Offices:

               The address of the  Issuer's  principal  executive  offices is 90
Fulbourn Road, Cambridge, CBI 4JN United Kingdom.

Item 2(a).     Name of Person Filing:

               This  statement is filed on behalf of Deutsche  Bank AG ("DBAG"),
Morgan Grenfell Asset Management Limited ("MGAM") and Morgan Grenfell Investment
Management  Limited  ("MGIM" and,  together with DBAG and MGAM,  the  "Reporting
Persons").

Item 2(b).     Address of Principal Business Office or, if  none, Residence:

               The  principal  place of  business  of DBAG is  Taunusanlage  12,
D-60325, Frankfurt am Main, Federal Republic of Germany.

               The  principal  place of business of MGAM is 20 Finsbury  Circus,
London, EC2M 1NB, England.

               The  principal  place of business of MGIM is 20 Finsbury  Circus,
London, EC2M INB, England.

Item 2(c).     Citizenship:

               The citizenship of each of the Reporting  Persons is set forth on
the applicable cover page.

Item 2(d).     Title of Class of Securities:

               The title of the securities is common stock,  which also includes
securities  held in the  form  of  American  Depository  Receipts  (the  "Common
Stock").

Item 2(e).     CUSIP Number:

               The CUSIP  number of the Common  Stock is set forth on each cover
page.

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:

               (a)  (_) Broker or dealer registered under section 15 of the Act;

               (b)  (_) Bank as defined in section 3(a)(6) of the Act;

               (c)  (_) Insurance Company as defined in section 3(a)(19) of the
                        Act;

               (d)  (_)  Investment  Company  registered  under section 8 of the
                    Investment Company Act of 1940;

               (e)  (_) An  investment  adviser  in  accordance  with Rule 13d-1
                    (b)(1)(ii)(E);

               (f)  (_)  An  employee   benefit  plan,  or  endowment   fund  in
                    accordance with Rule 13d-1 (b)(1)(ii)(F);

               (g)  (_) A parent holding company or control person in accordance
                    with Rule 13d-1 (b)(1)(ii)(G);

               (h)  (_) A savings  association as defined in section 3(b) of the
                    Federal Deposit Insurance Act;

               (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;

               (j)  (_) Group, in accordance with Rule 13d-1 (b)(1)(ii)(J).

               If this statement is filed pursuant to Rule 13d-1 (c), check this
          box. (X)

Item 4    Ownership.

          (a) Amount beneficially owned:

               Each of the Reporting Persons owns the amount of the Common Stock
          as set forth on the applicable cover page.

          (b) Percent of class:

               Each of the Reporting  Persons owns the  percentage of the Common
          Stock as set forth on the applicable cover page.

          (c) Number of shares as to which such person has:

               (i) sole power to vote or to direct the vote:

                    Each of the Reporting  Persons has the sole power to vote or
               direct  the  vote  of  the  Common  Stock  as  set  forth  on the
               applicable cover page.

               (ii) shared power to vote or to direct the vote:

                    Each of the  Reporting  Persons has the shared power to vote
               or  direct  the  vote of the  Common  Stock  as set  forth on the
               applicable cover page.

               (iii) sole power to dispose or to direct the disposition of:

                    Each of the Reporting  Persons has the sole power to dispose
               or direct the disposition of the Common Stock as set forth on the
               applicable cover page.

               (iv) shared power to dispose or to direct the disposition of:

                    Each of the  Reporting  Persons  has  the  shared  power  to
               dispose or direct  the  disposition  of the  Common  Stock as set
               forth on the applicable cover page.

Item 5.   Ownership of Five Percent or Less of a Class.

          Not applicable.

Item 6.   Ownership of More than Five Percent on Behalf of Another Person.

          Investment  management  clients  of the  Reporting  Persons  have  the
ultimate right to any dividends from Common Stock and the proceeds from the sale
of Common Stock.

Item 7.   Identification and Classification of the Subsidiary Which Acquired the
          Security Being Reported on by the Parent Holding Company.

          The following are  subsidiaries  of DBAG and/or MGAM which hold Common
Stock  included  in the  figures  on the  cover  pages:  Tokai  Morgan  Grenfell
International  Fund  Management  Limited,  Morgan  Grenfell  International  Fund
Management Limited,  Morgan Grenfell Investment Services,  Morgan Grenfell Trust
Management,  Morgan Grenfell Unit Trust  Management,  Deutsche  Gesellschaft fur
Wertpapiersparen  mbH,  Finanza  &  Futuro  S.p.A.,  Deutsche  Asset  Management
Investmentgesellschaft mbH, and Bankers Trust London.

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.



<PAGE>


                                    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.

Dated:  June 23,1999



                                            DEUTSCHE BANK AG



                                            By: /s/  Dr. Dieter Eisele
                                                ---------------------------
                                                Name:   Dr. Dieter Eisele
                                                Title:  Group Head of Compliance



                                            By: /s/  Dr. Rainer Grimberg
                                                ---------------------------
                                                Name:   Dr. Rainer Grimberg
                                                Title:  Vice President





<PAGE>



                                                                      Exhibit 1


               Consent of Morgan Grenfell Asset Management Limited


          The  undersigned  agrees that the Schedule  13G/A executed by Deutsche
Bank AG to which this  statement is attached as an exhibit is filed on behalf of
Deutsche Bank AG, Morgan Grenfell Asset  Management  Limited and Morgan Grenfell
Investment  Management  Limited  pursuant to Rule  13d-1(f)(1) of the Securities
Exchange Act of 1934.

Dated:  June 24, 1999



                                       MORGAN GRENFELL ASSET MANAGEMENT LIMITED



                                       By:   /s/ William Slattery
                                          ------------------------------
                                          Name:   William Slattery
                                          Title:  Head of Business Risk



<PAGE>

                                                                      Exhibit 2


            Consent of Morgan Grenfell Investment Management Limited


          The  undersigned  agrees that the Schedule  13G/A executed by Deutsche
Bank AG to which this  statement is attached as an exhibit is filed on behalf of
Deutsche Bank AG, Morgan Grenfell Asset  Management  Limited and Morgan Grenfell
Investment  Management  Limited  pursuant to Rule  13d-1(f)(1) of the Securities
Exchange Act of 1934.

Dated:  June 24, 1999






                                       MORGAN GRENFELL ASSET MANAGEMENT LIMITED



                                       By:   /s/ William Slattery
                                          ------------------------------
                                          Name:   William Slattery
                                          Title:  Head of Business Risk





© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission