View:
Page 1 of 11
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
UNIVERSAL ELECTRONICS INC.
- -----------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.01 par value per share
- -----------------------------------------------------------------------------
(Title of Class of Securities)
913483 10 3
--------------------
(CUSIP Number)
December 31, 1998
- -----------------------------------------------------------------------------
(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 the disclosures 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).
SCHEDULE 13G
CUSIP No. 913483 10 3 Page 2 of 11
_____________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
Geoffrey Nixon
_____________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
_____________________________________________________________________________
3 SEC USE ONLY
_____________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New Zealand
_____________________________________________________________________________
5 SOLE VOTING POWER
NUMBER OF 7,400
SHARES
______________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
______________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 7,400
______________________________________________________________
PERSON 8 SHARED DISPOSITIVE POWER
WITH
_____________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,400
_____________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
_____________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.1% (based on 6,466,856 shares outstanding at 9/30/98)
_____________________________________________________________________________
12 TYPE OF REPORTING PERSON*
IN
_____________________________________________________________________________
SCHEDULE 13G
CUSIP No. 913483 10 3 Page 3 of 11
_____________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
Mission Partners, L.P. (EIN# 33-0569956)
_____________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
_____________________________________________________________________________
3 SEC USE ONLY
_____________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
_____________________________________________________________________________
5 SOLE VOTING POWER
NUMBER OF 328,050
SHARES
______________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
______________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 328,050
______________________________________________________________
PERSON 8 SHARED DISPOSITIVE POWER
WITH
_____________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
328,050
_____________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
_____________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.1% (based on 6,466,856 shares outstanding at 9/30/98)
_____________________________________________________________________________
12 TYPE OF REPORTING PERSON*
PN
_____________________________________________________________________________
SCHEDULE 13G
CUSIP No. 913483 10 3 Page 4 of 11
_____________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
Liberty Nominees Limited (EIN# N/A)
_____________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
_____________________________________________________________________________
3 SEC USE ONLY
_____________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New Zealand
_____________________________________________________________________________
5 SOLE VOTING POWER
NUMBER OF 52,250
SHARES
______________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
______________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 52,250
______________________________________________________________
PERSON 8 SHARED DISPOSITIVE POWER
WITH
_____________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
52,250
_____________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
_____________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.8% (based on 6,466,856 shares outstanding at 9/30/98)
_____________________________________________________________________________
12 TYPE OF REPORTING PERSON*
CO
_____________________________________________________________________________
SCHEDULE 13G
CUSIP No. 913483 10 3 Page 5 of 11
_____________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
Horizon Offshore, Ltd. (EIN# N/A)
_____________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
_____________________________________________________________________________
3 SEC USE ONLY
_____________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
_____________________________________________________________________________
5 SOLE VOTING POWER
NUMBER OF 37,500
SHARES
______________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
______________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 37,500
______________________________________________________________
PERSON 8 SHARED DISPOSITIVE POWER
WITH
_____________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
37,500
_____________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
_____________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.6% (based on 6,466,856 shares outstanding at 9/30/98)
_____________________________________________________________________________
12 TYPE OF REPORTING PERSON*
CO
_____________________________________________________________________________
SCHEDULE 13G
CUSIP No. 913483 10 3 Page 6 of 11
_____________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
M Partners L.P. (EIN# 13-3783468)
_____________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
_____________________________________________________________________________
3 SEC USE ONLY
_____________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
_____________________________________________________________________________
5 SOLE VOTING POWER
NUMBER OF 25,100
SHARES
______________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
______________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 25,100
______________________________________________________________
PERSON 8 SHARED DISPOSITIVE POWER
WITH
_____________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,100
_____________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
_____________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.4% (based on 6,345,455 shares outstanding at 9/30/98)
_____________________________________________________________________________
12 TYPE OF REPORTING PERSON*
PN
_____________________________________________________________________________
SCHEDULE 13G
CUSIP No. 913483 10 3 Page 7 of 11
_____________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
Mayfair Capital Fund, L.P. (EIN# 13-4024777)
_____________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
_____________________________________________________________________________
3 SEC USE ONLY
_____________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
_____________________________________________________________________________
5 SOLE VOTING POWER
NUMBER OF 196,200
SHARES
______________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
______________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 196,200
______________________________________________________________
PERSON 8 SHARED DISPOSITIVE POWER
WITH
_____________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
196,200
_____________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
_____________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.0% (based on 6,466,856 shares outstanding at 9/30/98)
_____________________________________________________________________________
12 TYPE OF REPORTING PERSON*
PN
_____________________________________________________________________________
SCHEDULE 13G
CUSIP No. 913483 10 3 Page 8 of 11
Item 1. Name of Issuer and Address
(a) The name of the issuer is Universal Electronics Inc., a
Delaware corporation ("UE").
(b) The principal executive offices of UE are located at 1864
Enterprise Parkway West, Twinsburg, Ohio 44087.
Item 2. Identity, Address, Citizenship, Title of Class of Securities and
CUSIP Number
Items 2(a), (b), (c)
This statement on Schedule 13G ("Statement") is filed by Geoffrey
Nixon ("Nixon"), Mission Partners, L.P. ("Mission"), Liberty Nominees Limited
("Liberty"), Horizon Offshore, Ltd. ("Horizon"), M Partners L.P. ("M
Partners") and Mayfair Capital Fund, L.P. ("Mayfair") (collectively the
"Group"; each member of the Group being hereinafter referred to individually
as a "Member" and collectively as "Members"). Nixon's principal business
address is 11 West 42nd Street, 19th Floor, New York, NY 10036. Nixon is a
citizen of the Country of New Zealand. Mission's principal business address
is 11 West 42nd Street, 19th Floor, New York, NY 10036. Mission is a
Delaware limited partnership. MCM Associates, Ltd., a Delaware corporation
("MCM"), is the sole general partner of Mission and, as such, MCM has full
voting and dispositive power with respect to all of the securities owned by
Mission. Nixon is the sole officer, director and shareholder of MCM.
Liberty's principal business address is at P.O. Box 10-246, Wellington, New
Zealand. Liberty is a private New Zealand company. Liberty has established
an account over which MCM has sole investment discretion. It is the account
over which MCM has sole investment discretion that has purchased the shares
of UE Common Stock (as defined below). Horizon's principal business address
is at c/o International Management Services, Limited, Harbour Centre, North
Church Street, P.O. Box 616, George Town, Grand Cayman, Cayman Islands,
B.W.I. Horizon is a private Cayman Islands investment corporation. MCM is
the sole investment manager of Horizon and MCM has full voting and
dispositive power with respect to all of the securities owned by Horizon. M
Partners principal business address is at 42 Pleasant Street, Watertown, MA
02172. M Partners is a New York limited partnership. M Partners has
established an account over which it has given sole investment discretion to
MCM. It is the account over which MCM has sole investment discretion that
has purchased shares of UE Common Stock. Mayfair's principal business
address is 11 West 42nd Street, 19th Floor, New York, NY 10036. Mayfair is a
Delaware limited partnership. MCM Capital Management, LLC, a Delaware
limited liability company (the "LLC"), is the sole general partner of Mayfair
and, as such, LLC has full voting and dispositive power with respect to all
of the securities owned by Mayfair. Nixon is the sole manager and principal
member of LLC. The other member of the LLC is Nixon's wife.
Item 2(d), (e)
This Statement relates to the Common Stock, $.01 par value per
share (the "UE Common Stock") of UE. The CUSIP number for the UE Common
Stock is 913483 10 3.
SCHEDULE 13G
CUSIP No. 913483 10 3 Page 9 of 11
Item 3. If this statement is filed pursuant to Sections 240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
Not Applicable
Item 4 Ownership
Item 4(a), (b)
Nixon owns 7,400 shares of UE Common Stock, representing 0.1% of
UE's issued and outstanding shares (based on 6,466,856 shares outstanding at
September 30, 1998). Mission owns 328,050 shares of UE Common Stock,
representing 5.1% of UE's issued and outstanding shares (based on 6,466,856
shares outstanding at September 30, 1998). Liberty owns 52,250 shares of UE
Common Stock, representing 0.8% of UE's issued and outstanding shares (based
on 6,466,856 shares outstanding at September 30, 1998). Horizon owns 37,500
shares of UE Common Stock, representing 0.6% of UE's issued and outstanding
shares (based on 6,466,856 shares outstanding at September 30, 1998). M
Partners owns 25,100 shares of UE Common Stock representing 0.4% of UE's
issued and outstanding shares (based on 6,466,856 shares outstanding at
September 30, 1998). Mayfair owns 196,200 shares of UE Common Stock
representing 3.0% of UE's issued and outstanding shares (based on 6,466,856
shares outstanding at September 30, 1998).
Item 4(c)
Each Member is the sole beneficial owner of the securities
identified in subsection (a) above. MCM, as the sole general partner of
Mission, has sole voting and dispositive power over the UE Common Stock owned
by Mission. MCM, as the sole investment manager of an account established by
Liberty, has sole voting and dispositive power over the shares of UE Common
Stock owned by Liberty. MCM as the sole investment manager of Horizion, has
sole voting and dispositive power over the shares of UE Common Stock owned by
Horizon. MCM, as the sole investment manager of an account established by M
Partners, has sole voting and dispositive power over the UE Common Stock
owned by M Partners. LLC, as the sole general partner of Mayfair, has sole
voting and dispositive power over the UE Common Stock owned by Mayfair.
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
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
SCHEDULE 13G
CUSIP No. 913483 10 3 Page 10 of 11
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.
SCHEDULE 13G
CUSIP No. 913483 10 3 Page 11 of 11
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: February 2, 1999
/s/ Geoffrey Nixon
-----------------------------------------
GEOFFREY NIXON
MISSION PARTNERS, L.P.
By: MCM Associates, Ltd., General Partner
By: /s/ Geoffrey Nixon
-----------------------------------------
Geoffrey Nixon, President
LIBERTY NOMINEES LIMITED
By: MCM Associates, Ltd., Investment
Manager
By: /s/ Geoffrey Nixon
-----------------------------------------
Geoffrey Nixon, President
HORIZON OFFSHORE, LTD.
By: /s/ Geoffrey Nixon
-----------------------------------------
Geoffrey Nixon, Director
M PARTNERS, L.P.
By: MCM Associates, Ltd., Investment
Manager
By: /s/ Geoffrey Nixon
-----------------------------------------
Geoffrey Nixon, President
MAYFAIR CAPITAL FUND, L.P.
By: MCM Capital Management, LLC,
General Partner
By: /s/ Geoffrey Nixon
-----------------------------------------
Geoffrey Nixon, Manager