<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(RULE 13d-101)
AMENDMENT NO. 2
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a)
AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)
Todhunter International, Inc.
- -------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.01 Par Value
- -------------------------------------------------------------------------------
(Title of Class of Securities)
889050 10 0
- -------------------------------------------------------------------------------
(CUSIP Number)
Godfrey D. Bain
Angostura Limited
Corner Eastern Main Road & Trinity Avenue
Laventille, Trinidad & Tobago
(868) 623-2101 Ext. 120
- -------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
November 2, 1999
- -------------------------------------------------------------------------------
(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(e), 13d-1(f) or 13d-1(g), check the following box
/ /.
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7(b) for other
parties to whom copies are to be sent.
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 (the "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).
Page 1 of 4
<PAGE>
SCHEDULE 13D - AMENDMENT NO. 2
<TABLE>
<S> <C>
- -------------------------------------------------------------------------------------------------------------------
CUSIP No. 889050 10 0 Page 2 of 4 Pages
- -------------------------------------------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS Angostura Limited
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) N/A
- -------------------------------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) / /
N/A
- -------------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS* WC; BK
- -------------------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) / /
N/A
- -------------------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION Trinidad & Tobago
- -------------------------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER 1,775,220
SHARES
BENEFICIALLY ----------------------------------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER 0
EACH
REPORTING ----------------------------------------------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER 1,775,220
----------------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER 0
- -------------------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON 1,775,220
- -------------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
- -------------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 32.27%
- -------------------------------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* CO
- -------------------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
AMENDMENT NO. 2 TO SCHEDULE 13D
Item 3. SOURCE AND AMOUNT OF FUNDS OF OTHER CONSIDERATION is amended by adding
the following at the end thereof:
From October 15 - November 2, 1999, the Company purchased 125,000
Shares for an aggregate consideration of $1,109,555 (see Item 5(c) as amended
herein.) The Company paid for such shares from its working capital.
Item 5. INTEREST IN SECURITIES OF THE ISSUER.
Items 5(a) and (b) are amended to read in full as follows:
a. As of November 2, 1999, Angostura Limited (the "Company")
beneficially owned 1,775,220 shares of Todhunter Common Stock.
This amount equals 32.27% of the outstanding shares of the
Issuer, based on the shares outstanding as of August 12, 1999
(as reported in the Issuer's Form 10-Q filed with the SEC on
August 13, 1999).
b. The Company has sole voting and investment power with respect
to all 1,775,220 shares of Todhunter Common Stock described in
response to Item 5(a) above.
Item 5(c) is amended by adding the following at the end thereof:
c. During the 60 days prior to the date of this Amendment No. 2,
the Company purchased an aggregate of 125,000 shares of Common
Stock of the Issuer. Such shares were purchased in public
purchases on the American Stock Exchange as delineated below.
<TABLE>
<CAPTION>
No. Shares
Date Purchased Price Per Share
---- ---------- ---------------
<S> <C> <C> <C>
10/15/99 18,400 $ 8.6875
10/18/99 18,200 $ 8.6875
10/19/99 2,900 $ 8.7457
10/20/99 1,700 $ 8.7463
10/21/99 17,500 $ 8.8571
10/25/99 22,500 $ 8.8714
10/26/99 20,600 $ 8.9053
11/01/99 10,300 $ 9.1244
11/02/99 12,900 $ 9.2500
----------
Total Shares: 125,000
</TABLE>
Page 3 of 4
<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.
Date: November 12, 1999
ANGOSTURA LIMITED
/s/ Godfrey D. Bain
-------------------------------------------------
By: Godfrey D. Bain
Title: Executive Director of Finance; Member,
Board of Directors
Page 4 of 4
