Page 1 of 10
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No._________ )*
UNIVERSAL ELECTRONICS INC.
-----------------------------------------------------------
(Name of Issuer)
Common Stock, $.01 par value per share
-----------------------------------------------------------
(Title of Class of Securities)
913483 10 3
-----------------------------------------------------------
(CUSIP Number)
April 21, 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 10
- -------------------------------------------------------------------------------
1 NAME 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
(See Instructions)
(a) /x/
(b) / /
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New Zealand
- -------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF
-------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 18,000
-------------------------------------------------------
OWNED BY EACH 7 SOLE DISPOSITIVE POWER
REPORTING -------------------------------------------------------
8 SHARED DISPOSITIVE POWER
PERSON WITH
18,000
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
18,000
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions) / /
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.3% (based on 6,345,455 shares outstanding at 2/27/98)
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
IN
- -------------------------------------------------------------------------------
SCHEDULE 13G
CUSIP NO. 913483 10 3 Page 3 of 10
- -------------------------------------------------------------------------------
1 NAME 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
(See Instructions)
(a) /X/
(b) / /
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 301,350
-------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY EACH -------------------------------------------------------
7 SOLE DISPOSITIVE POWER
REPORTING
301,350
PERSON WITH -------------------------------------------------------
8 SHARED DISPOSITIVE POWER
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
301,350
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions) / /
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.7% (based on 6,345,455 shares outstanding at 2/27/98)
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
PN
- -------------------------------------------------------------------------------
SCHEDULE 13G
CUSIP NO. 913483 10 3 Page 4 of 10
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (Entities Only)
Liberty Nominees Limited (EIN# N/A)
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions)
(a) /X/
(b) / /
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New Zealand
- -------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF
41,850
SHARES -------------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
-------------------------------------------------------
OWNED BY EACH 7 SOLE DISPOSITIVE POWER
REPORTING 41,850
-------------------------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
41,850
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (See Instructions) / /
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.7% (based on 6,345,455 shares outstanding at 2/27/98)
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
CO
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SCHEDULE 13G
CUSIP NO. 913483 10 3 Page 5 of 10
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (Entities Only)
Horizon Offshore, Ltd. (EIN# N/A)
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions)
(a) /X/
(b) / /
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
- -------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 43,100
-------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY EACH -------------------------------------------------------
7 SOLE DISPOSITIVE POWER
REPORTING
43,100
PERSON WITH -------------------------------------------------------
8 SHARED DISPOSITIVE POWER
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
43,100
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (See Instructions) / /
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.7% (based on 6,345,455 shares outstanding at 2/27/98)
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
CO
- -------------------------------------------------------------------------------
SCHEDULE 13G
CUSIP NO. 913483 10 3 Page 6 of 10
- -------------------------------------------------------------------------------
1 NAME 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
(See Instructions)
(a) /X/
(b) / /
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- -------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 25,100
--------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY EACH --------------------------------------------------------
7 SOLE DISPOSITIVE POWER
REPORTING
25,100
PERSON WITH --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,100
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES (See Instructions) / /
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.4% (based on 6,345,455 shares outstanding at 2/27/98)
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (See Instructions)
PN
- -------------------------------------------------------------------------------
SCHEDULE 13G
CUSIP NO. 913483 10 3 Page 7 of 10
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") and M Partners L.P. ("M
Partners") (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. 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 Associates,
Ltd., a Delaware corporation ("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 if 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.
Item 2(d), (e)
This Statement relates to the Common Stock, $.01 per value per share (the "UE
Common Stock") of UE. The CUSIP number for the UE Common Stock is 913483 10 3.
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 18,000 shares of UE Common Stock, representing 0.3% of UE's
issued and outstanding shares (based on 6,345,455 shares outstanding at February
27, 1998). Mission owns 301,350 shares of UE Common Stock, representing 4.7% of
UE's issued and outstanding shares (based on 6,345,455 shares outstanding at
February 27, 1998). Liberty owns 41,850 shares of UE Commons Stock,
representing 0.7% of UE's issued and outstanding shares (based on 6,345,455
SCHEDULE 13G
CUSIP NO. 913483 10 3 Page 8 of 10
shares outstanding at February 27, 1998). Horizon owns 43,100 shares of UE
Common Stock, representing 0.7% of UE's issued and outstanding shares (based on
6,345,455 shares outstanding at February 27, 1998). M Partners owns 25,100
shares of UE Common Stock representing 0.4% of UE's issued and outstanding
shares (based on 6,345,455 shares outstanding at February 27, 1998).
Item 4(c)
Each Member is the sole beneficial owner of the securities identified
in subsection (a) above, except that Nixon owns the 18,000 shares of UE Common
Stock jointly with his wife. 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.
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
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 9 of 10
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: April 21, 1998
/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
SCHEDULE 13G
CUSIP NO. 913483 10 3 Page 10 of 10
JOINT FILING AGREEMENT
JOINT FILING AGREEMENT made as of this 21st day of April, 1998, by and
among GEOFFREY NIXON, MISSION PARTNERS, L.P., LIBERTY NOMINEES LIMITED, HORIZON
OFFSHORE, LTD. and M PARTNERS, L.P.
W I T N E S S E T H :
WHEREAS, GEOFFREY NIXON, MISSION PARTNERS, L.P., LIBERTY NOMINEES LIMITED,
HORIZON OFFSHORE, LTD. and M PARTNERS, L.P. collectively beneficially own more
than five (5%) percent of the issued and outstanding common stock, $.01 par
value, of UNIVERSAL ELECTRONICS, INC. ("UE Common Stock"), a Delaware
corporation and have previously filed a Schedule 13D with the Securities and
Exchange Commission ("SEC"); and
WHEREAS, the parties desire to convert their Schedule 13D to a Schedule 13G
and to file a Schedule 13G with the SEC,
NOW, THEREFORE, the parties agree as follows:
1. GEOFFREY NIXON, MISSION PARTNERS, L.P., LIBERTY NOMINEES LIMITED,
HORIZON OFFSHORE, LTD. and M PARTNERS, L.P. hereby agree to jointly file a
Schedule 13G with the SEC regarding the beneficial ownership of UE Common Stock
and to file any and all amendments and supplements thereto.
2. This Agreement contains the entire agreement among the parties
concerning the subject matter hereof and may not be amended, modified or changed
except pursuant to a written instrument signed by all parties.
IN WITNESS WHEREOF, the parties have signed this Agreement the day and year
first above written.
HORIZON OFFSHORE, LTD.
/s/ Geoffrey Nixon By: /s/ Geoffrey Nixon
- ---------------------------- -------------------------------
GEOFFREY NIXON Geoffrey Nixon, Director
MISSION PARTNERS, L.P. M PARTNERS, L.P.
By: MCM Associates, Ltd., General Partner By: MCM Associates, Ltd.,
Investment Manager
By:/s/ Geoffrey Nixon By: /s/ Geoffrey Nixon
---------------------------- ------------------------------
Geoffrey Nixon, President Geoffrey Nixon, President
LIBERTY NOMINEES LIMITED
By: MCM Associates, Ltd., Investment Manager
By:/s/ Geoffrey Nixon
----------------------------
Geoffrey Nixon, President