DEUTSCHE BANK AG\
SC 13G/A, 2000-12-14
Previous: HOLLAND SERIES FUND INC, 24F-2NT, 2000-12-14
Next: CRIIMI MAE FINANCIAL CORP, 8-K, 2000-12-14



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

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

                                 SCHEDULE 13G/A

                    Under the Securities Exchange Act of 1934

                               (Amendment No. 2 )

                              Premier Farnell Plc.
             -------------------------------------------------------
                                (Name of issuer)

                                 Ordinary Shares
             -------------------------------------------------------
                         (Title of class of securities)

                                   0003318416
             -------------------------------------------------------
                                 (CUSIP number)

                                December 7, 2000
             -------------------------------------------------------
             (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. 0003318416                  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 EACH REPORTING                 0
BENEFICIALLY OWNED      --------------------------------------------------------
                           6      SHARED VOTING POWER

                                  38,430,446
                        --------------------------------------------------------
                           7      SOLE DISPOSITIVE POWER

                                  0
                        --------------------------------------------------------
                           8      SHARED DISPOSITIVE POWER

                                  41,009,952
--------------------------------------------------------------------------------
 9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         41,009,952*
--------------------------------------------------------------------------------
10       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
         CERTAIN SHARES                                                      ( )
--------------------------------------------------------------------------------
11       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

         15.1%**
--------------------------------------------------------------------------------
12       TYPE OF REPORTING PERSON

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

*    Included in this  figure are the  securities  reported  by  Deutsche  Asset
     Management  Group  Limited and  Deutsche  Asset  Management  Limited on the
     following cover pages.

**   Included in this percentage are the  percentages of securities  reported by
     Deutsche  Asset  Management  Group  Limited and Deutsche  Asset  Management
     Limited on the following cover pages.
<PAGE>

--------------------                                          ------------------
CUSIP No. 0003318416                  13G                     Page 3 of 10 Pages
--------------------                                          ------------------

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

         Deutsche Asset Management Group 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 EACH REPORTING                 0
BENEFICIALLY OWNED      --------------------------------------------------------
                           6      SHARED VOTING POWER

                                  37,325,476
                        --------------------------------------------------------
                           7      SOLE DISPOSITIVE POWER

                                  0
                        --------------------------------------------------------
                           8      SHARED DISPOSITIVE POWER

                                  39,904,982
--------------------------------------------------------------------------------
 9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         39,904,982*
--------------------------------------------------------------------------------
10       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
         CERTAIN SHARES                                                      ( )
--------------------------------------------------------------------------------
11       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

         14.7%**
--------------------------------------------------------------------------------
12       TYPE OF REPORTING PERSON

         HC
--------------------------------------------------------------------------------

*    Included in this  figure are the  securities  reported  by  Deutsche  Asset
     Management Limited on the following cover page.

**   Included in this  percentage is the  percentage  of securities  reported by
     Deutsche Asset Management Limited on the following cover page.
<PAGE>

--------------------                                          ------------------
CUSIP No. 0003318416                  13G                     Page 4 of 10 Pages
--------------------                                          ------------------

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

         Deutsche 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 EACH REPORTING                 0
BENEFICIALLY OWNED      --------------------------------------------------------
                           6      SHARED VOTING POWER

                                  35,551,735
                        --------------------------------------------------------
                           7      SOLE DISPOSITIVE POWER

                                  0
                        --------------------------------------------------------
                           8      SHARED DISPOSITIVE POWER

                                  37,869,945
--------------------------------------------------------------------------------
 9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         37,869,945
--------------------------------------------------------------------------------
10       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
         CERTAIN SHARES                                                      ( )
--------------------------------------------------------------------------------
11       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

         13.9%
--------------------------------------------------------------------------------
12       TYPE OF REPORTING PERSON

         IA
--------------------------------------------------------------------------------
<PAGE>

Item 1(a). Name of Issuer:

     Premier Farnell plc. (the "Issuer")

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

     The address of the Issuer's  principal  executive offices is Farnell House,
Sandbeck Way, Wetherby, West Yorkshire, LS22 4DH, United Kingdom.

Item 2(a). Name of Person Filing:

     This  statement is filed on behalf of Deutsche  Bank AG ("DBAG"),  Deutsche
Asset Management  Group Limited  ("DAMG") and Deutsche Asset Management  Limited
("DAML" and, together with DBAG and DAMG, 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 DAMG is One Appold Street,  London EC2A
2UU, United Kingdom.

     The principal  place of business of DAML is One Appold Street,  London EC2A
2UU, United Kingdom.

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  ordinary  shares,  which  also  includes
securities  held in the form of  American  Depository  Receipts  (the  "Ordinary
Shares").

Item 2(e). CUSIP Number:

     The CUSIP number of the Ordinary Shares 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 Ordinary  Shares
     as set forth on the applicable cover page.

     (b)  Percent of class:

          Each of the  Reporting  Persons  owns the  percentage  of the Ordinary
     Shares 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 Ordinary  Shares 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 Ordinary  Shares 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  Ordinary  Shares 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  Ordinary  Shares 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  Ordinary  Shares and the proceeds from the sale of
Ordinary Shares.

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 DAMG which hold  Ordinary
Shares  included in the figures on the cover pages:  Deutsche  Asset  Management
(International) Limited,  Deutsche Asset Management Investment Services Limited,
Deutsche Investment Trust Management,  Deutsche Trust Bank Ltd., Morgan Grenfell
& Co. Ltd., Deutsche Asset Management  Investmentgesellschaft  GmbH and Deutsche
Bank AG London Branch.

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:  December 14, 2000

                                                  DEUTSCHE BANK AG

                                                  By: /s/ Karl Heinz Baumann
                                                     ---------------------------
                                                     Name:   Karl Heinz Baumann
                                                     Title:  Director


                                                  By:  /s/ Dr. Rainer Grimberg
                                                     ---------------------------
                                                     Name:   Dr. Rainer Grimberg
                                                     Title:  Director
<PAGE>

                                                                       Exhibit 1

               Consent of Deutsche Asset Management Group Limited

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

Dated:  December 14, 2000

                                         DEUTSCHE ASSET MANAGEMENT GROUP LIMITED

                                         By: /s/ William Slattery
                                            ------------------------------------
                                            Name:   William Slattery
                                            Title:  Head of Business Risk
<PAGE>
                                                                       Exhibit 2

                  Consent of Deutsche Asset Management Limited

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

Dated:  December 14, 2000

                                         DEUTSCHE ASSET MANAGEMENT GROUP 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