UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________________________________________
SCHEDULE 13D
(Amendment No. 22)
Under the Securities Exchange Act of 1934
WMS INDUSTRIES INC.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
969-901-107
(CUSIP Number)
Sumner M. Redstone
200 Elm Street
Dedham, Massachusetts 02026
Telephone: (781) 461-1600
(Name, Address and Telephone Number of
Person Authorized to Receive Notices and Communications)
September 20, 2001
(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(b)(3) or (4), check the following box / /.
Check the following box if a fee is being paid with this
statement / /.
CUSIP No. 969-901-107 Page 1 of 8 Pages
(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
SUMNER M. REDSTONE
S.S. No.
------------------------------------------------------------
(2) Check the Appropriate Box if a Member of Group
(See Instructions)
/ / (a)
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/ / (b)
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(3) SEC Use Only
------------------------------------------------------------
(4) Sources of Funds (See Instructions) PF
------------------------------------------------------------
(5) Check if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e).
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(6) Citizenship or Place of Organization
United States
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Number of (7) Sole Voting Power 0
Shares --------------------------------------------
Beneficially (8) Shared Voting Power 8,460,300*
Owned by --------------------------------------------
Each (9) Sole Dispositive Power 4,976,400
Reporting --------------------------------------------
Person With (10) Shared Dispositive Power 0
------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
8,460,300**
------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain
Shares (See Instructions)
------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
26.28%
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(14) Type of Reporting Person (See Instructions) IN
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* Voting power subject to Voting Proxy Agreement described in
Item 6 of Amendment No. 19 to this Statement.
**Includes shares owned by National Amusements, Inc.
CUSIP No. 969-901-107 Page 2 of 8 Pages
(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
NATIONAL AMUSEMENTS, INC.
I.R.S. Identification No. 04-2261332
------------------------------------------------------------
(2) Check the Appropriate Box if a Member of Group
(See Instructions)
/ / (a)
------------------------------------------------------------
/ / (b)
------------------------------------------------------------
(3) SEC Use Only
------------------------------------------------------------
(4) Sources of Funds (See Instructions) WC
------------------------------------------------------------
(5) Check if Disclosure of Legal Proceedings is Required Pursuant
to Items 2(d) or 2(e).
------------------------------------------------------------
(6) Citizenship or Place of Organization Maryland
------------------------------------------------------------
Number of (7) Sole Voting Power 0
Shares -------------------------------------------
Beneficially (8) Shared Voting Power 3,483,900*
Owned by -------------------------------------------
Each (9) Sole Dispositive Power 3,483,900
Reporting -------------------------------------------
Person With (10) Shared Dispositive Power 0
------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
3,483,900
------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain
Shares (See Instructions)
------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
10.82%
------------------------------------------------------------
(14) Type of Reporting Person (See Instructions)
CO
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* Voting power subject to Voting Proxy Agreement described in
Item 6 of Amendment No. 19 to this Statement.
Page 3 of 8 Pages
This Amendment No. 22 hereby amends the Statement on
Schedule 13D, previously filed by Mr. Sumner M. Redstone and
National Amusements, Inc. with respect to the common stock, $.50
par value (the "Common Stock"), of WMS Industries Inc. ("WMS"),
as follows:
Item 2. Identity and Background.
-----------------------
Item 2 is amended and restated in its entirety as
follows:
"This Statement is being filed by Mr. Sumner M.
Redstone and National Amusements, Inc. ("NAI").
NAI, a Maryland corporation, has its principal office
at 200 Elm Street, Dedham, Massachusetts 02026. NAI's principal
businesses are owning and operating movie theaters in the United
States, the United Kingdom and South America and holding the
common stock of NAIRI, Inc., a Delaware corporation. Mr.
Redstone holds 66-2/3% of the voting securities of NAI, as a
voting trustee of the Sumner M. Redstone Trust, and is the voting
trustee of an additional 16 2/3% of the voting securities of NAI,
held by the National Amusements, Inc. SER Voting Trust.
Sumner M. Redstone is an individual whose business
address is c/o National Amusements, Inc., 200 Elm Street, Dedham,
Massachusetts 02026. Mr. Redstone's principal occupation is
Chairman of the Board and Chief Executive Officer of NAI and
Chairman of the Board, Chief Executive Officer of Viacom Inc.
The executive officers and directors of NAI are set
forth on Schedule I attached hereto. Schedule I sets forth the
following information with respect to each such person:
(a) Name;
(b) Residence or business address; and
(c) Present principal occupation or employment and the
name, principal business and address of any
corporation or other organization in which such
employment is conducted.
During the last five years, neither of the Reporting
Persons nor any person named in Schedule I attached hereto has
been (a) convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors) or (b) a party to a civil
proceeding of a judicial or administrative body of competent
jurisdiction and as a result of such proceeding was or is subject
to a judgment, decree or final order enjoining future violations
of, or prohibiting or mandating activities subject to, federal or
state securities laws or finding any violation with respect to
such laws.
All of the directors of NAI, including Mr. Sumner M.
Redstone, are citizens of the United States.
Item 4. Purpose of the Transaction
---------------------------
Item 4 is hereby amended and restated in its entirety as
follows:
"The securities have been acquired for the purpose of
investment. The Reporting Persons may, at any time and from time
to time, purchase additional Common Shares of the Issuer and may
dispose of any and all Common Shares of the Issuer held by them.
The Reporting Persons currently intend, subject to market
condiditions, to purchase additional shares of the Common Stock
of WMS. The Reporting Persons have previously received
governmental approval pursuant to the Hart-Scott-Rodino Antitrust
Improvements Act of 1976 (the
Page 4 of 8 Pages
"Act") to purchase additional Common Stock of WMS but do not
intend to meet or exceed the $500 million or 50% notification
threshold under the Act.
Any purchases or sales of securities of WMS will be made in the
open market, in privately negotiated transactions or otherwise.
Except as described above, the Reporting Persons have no current
plan or proposal which relates to, or would result in, any of the
actions enumerated in subparagraphs (a) through (j) of Item 4 of
Schedule 13D."
Item 5. Interest in Securities of the Issuer
-------------------------------------
Item 5 is hereby amended as follows:
(a) National Amusements, Inc. is currently the
beneficial owner, with sole dispositive and shared
voting power, of 3,483,900 shares, or
approximately 10.82%, of the issued and
outstanding Common Stock of WMS (based on
32,186,807 shares of Common Stock that were issued
and outstanding as of September 14, 2001,
according to WMS).
(b) Mr. Sumner M. Redstone is currently the beneficial
owner, with sole dispositive and shared voting
power, of 4,976,400 shares, or approximately
15.46%, of the issued and outstanding shares of
the Common Stock of WMS (based on 32,186,807
shares of Common Stock that were issued and
outstanding as of September 14, 2001, according to
WMS). As a result of his stock ownership in
National Amusements, Inc., Mr. Sumner M. Redstone
is deemed the beneficial owner of an additional
3,483,900 shares of the issued and outstanding
shares of Common Stock of WMS, for a total of
8,460,300 shares of the Common Stock, or
approximately 26.28% of the issued and outstanding
shares of Common Stock of WMS ((based on
32,186,807 shares of Common Stock that were issued
and outstanding as of September 14, 2001,
according to WMS).
All shared voting power described in paragraphs (a) and (b)
of this Item 5 is pursuant to the Voting Proxy Agreement
described in Item 6 of Amendment No. 19 to this Statement.
Transactions effected during the past 60 days.
(All transactions were executed by Bear Stearns, New
York, N.Y.)
SUMNER M. REDSTONE
DATE NO. OF SHARES PRICE
----------------------------------------
08-30-2001 500 $21.08
08-30-2001 6,800 $21.15
08-30-2001 1,500 $21.17
08-30-2001 500 $21.20
08-30-2001 500 $21.21
08-30-2001 1,000 $21.30
08-31-2001 300 $21.07
08-31-2001 2,200 $21.21
08-31-2001 100 $21.24
08-31-2001 6,500 $21.25
08-31-2001 800 $21.26
08-31-2001 1,100 $21.27
08-31-2001 2,000 $21.28
08-31-2001 5,100 $21.30
Page 5 of 8 Pages
DATE NO. OF SHARES PRICE
-----------------------------------------
08-31-2001 500 $21.36
08-31-2001 1,100 $21.50
08-31-2001 26,900 $21.60
09-04-2001 2,000 $21.20
09-04-2001 700 $21.25
09-04-2001 200 $21.29
09-04-2001 100 $21.35
09-04-2001 1,700 $21.38
09-04-2001 3,000 $21.45
09-05-2001 700 $20.75
09-05-2001 200 $20.79
09-05-2001 4,300 $20.82
09-05-2001 8,800 $20.84
09-06-2001 3,000 $20.60
09-06-2001 200 $20.83
09-06-2001 1,300 $20.84
09-06-2001 1,500 $20.85
09-06-2001 1,500 $20.90
09-10-2001 600 $20.03
09-10-2001 6,000 $20.05
09-10-2001 500 $20.20
09-10-2001 14,400 $20.25
09-17-2001 12,500 $19.00
09-17-2001 2,500 $19.01
09-17-2001 200 $19.06
09-17-2001 2,000 $19.22
09-17-2001 9,800 $19.25
09-18-2001 6,000 $17.50
09-19-2001 500 $15.61
09-19-2001 6,600 $15.66
09-19-2001 19,400 $15.70
09-19-2001 3,600 $15.71
09-19-2001 6,400 $15.84
09-19-2001 9,500 $15.85
09-19-2001 200 $15.90
09-19-2001 200 $16.00
09-19-2001 300 $16.14
09-19-2001 6,200 $16.15
09-19-2001 5,800 $16.10
09-19-2001 15,100 $16.20
09-19-2001 3,200 $16.30
09-19-2001 5,000 $16.34
09-19-2001 1,000 $16.37
09-19-2001 5,000 $16.45
09-20-2001 500 $15.87
09-20-2001 16,300 $16.00
09-20-2001 6,800 $16.01
09-20-2001 10,500 $16.07
09-20-2001 2,500 $16.09
Page 6 of 8 Pages
DATE NO. OF SHARES PRICE
----------------------------------------
09-20-2001 1,600 $16.16
09-20-2001 12,300 $16.20
09-20-2001 2,500 $16.22
09-20-2001 5,000 $16.23
09-20-2001 500 $16.25
09-20-2001 5,400 $16.27
09-20-2001 32,100 $16.30
09-20-2001 4,900 $16.39
09-20-2001 20,000 $16.40
09-20-2001 4,500 $16.60
09-20-2001 4,600 $16.75
All of the above transactions were purchases.
Page 7 of 8 Pages
Signatures
----------
After reasonable inquiry and to the best of our knowledge
and belief, we certify that the information set forth in this
statement is true, complete and correct. Pursuant to Rule 13d-
1(k)(1) each of the undersigned agrees that this statement is
filed on behalf of each of us.
September 21, 2001
/s/ Sumner M. Redstone
-------------------------
Sumner M. Redstone
Individually
National Amusements, Inc.
By: /s/ Sumner M. Redstone
-------------------------
Sumner M. Redstone
Chairman and Chief
Executive Officer
Page 8 of 8 Pages
SCHEDULE I
NATIONAL AMUSEMENTS, INC.
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EXECUTIVE OFFICERS
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Name and
Address
Business or Principal Occupation of Corporation
Name Residence Address or Employment or
Other
Organization
in which
Employed
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Sumner M. Viacom Inc. Chairman of the Board National
Redstone 1515 Broadway and Chief Executive Amusements,
New York, NY Officer of Viacom Inc.
l0036 Inc.; Chairman of the 200 Elm Street
Board and Chief Dedham, MA
Executive Officer of 02026
National Amusements,
Inc.; Chairman and Viacom Inc.
President of NAIRI, 1515 Broadway
Inc. New York, N.Y.
10036
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Shari National President of National National
Redstone Amusements, Inc. Amusements, Inc. and Amusements,
200 Elm Street Executive Vice Inc.
Dedham, MA 02026 President of NAIRI, 200 Elm Street
Inc. Dedham, MA
02026
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Jerome National VP and Treasurer of National
Magner Amusements, Inc. National Amusements, Amusements,
200 Elm Street Inc., and NAIRI, Inc. Inc.
Dedham, MA 02026 200 Elm Street
Dedham, MA
02026
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Richard National Vice President of National
Sherman Amusements, Inc. National Amusements, Amusements,
200 Elm Street Inc. and NAIRI, Inc. Inc.
Dedham, MA 02026 200 Elm Street
Dedham, MA
02026
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DIRECTORS
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Name and Address
of Corporation
Business or Principal Occupation or
Name Residence Address or Employment Other
Organization
in which
Employed
--------------------------------------------------------------------
Sumner M. Viacom Inc. Chairman of the Board National
Redstone 1515 Broadway and Chief Executive Amusements, Inc.
New York, NY l0036 Officer of Viacom 200 Elm Street
Inc.; Chairman of the Dedham, MA
Board and Chief 02026
Executive Officer of
National Amusements, Viacom Inc.
Inc.; Chairman and 1515 Broadway
President of NAIRI, New York, N.Y.
Inc. 10036
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Shari National President of National National
Redstone Amusements, Inc. Amusements, Inc. and Amusements, Inc.
200 Elm Street Executive Vice 200 Elm Street
Dedham, MA 02026 President of NAIRI, Dedham, MA
Inc. 02026
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George S. Winer & Abrams Attorney Winer & Abrams
Abrams 60 State Street 60 State Street
Boston, MA 02109 Boston, MA
02109
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David Lourie and Cutler Attorney Lourie and
Andelman 60 State Street Cutler
Boston, MA 02109 60 State Street
Boston, MA
02109
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Philippe DND Capital Co-Chairman and CEO of DND Capital
P. Dauman Partners, LLC DND Capital Partners Partners, LLC
9 West 57th St., LLC 9 West 57th St.,
Suite 4615 Suite 4615
New York, N.Y. New York, N.Y.
10019 10019
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Brent D. c/o Showtime Director of National National
Redstone Networks Inc. Amusements, Inc. Amusements, Inc.
1633 Broadway 200 Elm Street
New York, NY Dedham, MA
10019 02026
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