UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of December, 2007
Commission File Number 000-31212
Metal Storm Limited
(Translation of registrant’s name into English)
Building 4, 848 Boundary Road, Richlands,
Queensland, Australia 4077
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:    þ Form 20-F      
o Form 40-F
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934: o Yes       þ No
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): n/a
 
 

 


 

604       page 1/2       15 July 2001
Form 604
Corporations Act 2001
Section 671B
Notice of change of interest of substantial holder
     
To : Company Name/ Scheme
  Metal Storm Limited
 
   
ACN/ARSN
  064 270 006
 
   
1. Details of substantial holder(1)
 
   
Name
  James Michael O’Dwyer
 
   
ACN/ARSN (if applicable)
   
 
   
There was a change in the interests of the substantial holder on
  30/11/2007
The previous notice was given to the company on
  N/A
The previous notice was dated
  N/A
2. Previous and present voting power
The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:
                                 
      Previous notice               Present notice      
Class of securities (4)     Person’s votes     Voting power (5)     Person’s votes     Voting power (5)
Ordinary
    199,804,803     33.37%       193,673,624     32.35%  
3. Changes in relevant interests
Particulars of each change in, or change in the nature of, relevant interests of the substantial shareholder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:
                                         
    Person whose           Consideration given   Class and number    
    relevant interest   Nature of   in relation to change   of securities   Person’s votes
Date of change   changed   change (6)   (7)   affected   affected
See annexure A
                                       
4. Present relevant interests
Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:
                         
        Person            
        entitled to be            
Holder of relevant   Registered holder of   registered as   Nature of relevant   Class and number    
interest   securities   holder (8)   interest(6)   of securities   Person’s votes
James Michael O’Dwyer
  James Michael O’Dwyer   James Michael O’Dwyer   Registered holder of shares   64,551,942 ordinary shares     64,551,942  
O’Dwyer Investments Pty Ltd
  O’Dwyer Investments Pty Ltd   O’Dwyer Investments Pty Ltd   Registered holder of shares   129,121,682 ordinary shares     129,121,682  
5. Changes in association
The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:
       
Name and ACN (if applicable)   Nature of association  
Nil
   

 


 

604       page 2/2       15 July 2001
6. Addresses
The addresses of the person named in this form are as follows:
     
Name   Address
James Michael O’Dwyer
  Unit 162, Admiralty Quays, 32 Macrossan Street, Brisbane
O’Dwyer Investments Pty Ltd ACN 010 495 315
  c/- BDO Kendalls, Level 18, 300 Queen Street, Brisbane
Signature
                 
 
  print name   James Michael O’Dwyer   capacity    
 
       
 
               
 
  sign here       date   07 /12/2007
 
       
DIRECTIONS
(1)   If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.
 
(2)   See the definition of “associate” in section 9 of the Corporations Act 2001.
 
(3)   See the definition of “relevant interest” in section 608 and 671B(7) of the Corporations Act 2001.
 
(4)   The voting shares of a company constitute one class unless divided into separate classes.
 
(5)   The person’s votes divided by the total votes in the body corporate or scheme multiplied by 100.
 
(6)   Include details of:
  (a)   any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
 
  (b)   any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).
    See the definition of “relevant agreement” in section 9 of the Corporations Act 2001.
 
(7)   Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its association in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.
 
(8)   If the substantial holder is unable to determine the identity of the person (eg, if the relevant interest arises because of an option) write “unknown”.
 
(9)   Give details, if appropriate, of the present association and any change in that associate since the last substantial holding notice.

 


 

604 1 / 3
Metal Storm Limited
ACN 064 270 006
Annexure ‘A’ to Australian Securities & Investments Commission Form 604
Corporations Act 2001 Section 671B
This is the Annexure A of 3 pages referred to in number 3 of the Australian Securities & Investments Commission Form 604 signed and dated the 7 th day of December 2007.
                                 
            Consideration   Class & No. of    
Date of   Person whose relevant   Nature of change   given in relation   securities   Person’s votes
Change   interest changed   (6)   to change (7)   affected   affected
            AUD $   Common Stock   Common Stock
02/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.115       20,890       20,890  
02/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.115       11,200       11,200  
02/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.115       43,400       43,400  
02/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       38,360       38,360  
02/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       6,640       6,640  
03/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       50,000       50,000  
03/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       20,000       20,000  
04/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       48,360       48,360  
04/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       6,640       6,640  
04/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       80,000       80,000  
05/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       22,500       22,500  
08/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       80,000       80,000  
09/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       32,000       32,000  
11/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       17,398       17,398  
11/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       42,602       42,602  
11/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       24,943       24,943  
11/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       20,057       20,057  
12/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       4,883       4,883  
12/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       24,117       24,117  
22/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       40,500       40,500  
22/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       22,589       22,589  
22/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       18,500       18,500  
23/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       42,910       42,910  
25/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       45,000       45,000  
29/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       7,688       7,688  
29/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       72,200       72,200  
29/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       20,000       20,000  
29/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       5,112       5,112  
29/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       47,088       47,088  
29/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       26,000       26,000  
29/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       24,000       24,000  
30/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       105,000       105,000  
31/10/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       78,000       78,000  
01/11/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       16,387       16,387  
01/11/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       33,613       33,613  
05/11/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       79,091       79,091  
08/11/2007
  James Michael O’Dwyer   Market Disposition   $ 0.105       54,945       54,945  

 


 

604 2 / 3
                                 
            Consideration   Class & No. of    
Date of   Person whose relevant   Nature of change   given in relation   securities   Person’s votes
Change   interest changed   (6)   to change (7)   affected   affected
08/11/2007
  James Michael O’Dwyer   Market Disposition   $ 0.105       35,055       35,055  
09/11/2007
  James Michael O’Dwyer   Market Disposition   $ 0.105       20,845       20,845  
09/11/2007
  James Michael O’Dwyer   Market Disposition   $ 0.105       79,155       79,155  
09/11/2007
  James Michael O’Dwyer   Market Disposition   $ 0.105       4,179       4,179  
09/11/2007
  James Michael O’Dwyer   Market Disposition   $ 0.105       20,000       20,000  
09/11/2007
  James Michael O’Dwyer   Market Disposition   $ 0.105       821       821  
12/11/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       40,000       40,000  
12/11/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       262,375       262,375  
14/11/2007
  James Michael O’Dwyer   Market Disposition   $ 0.105       24,371       24,371  
14/11/2007
  James Michael O’Dwyer   Market Disposition   $ 0.105       13,077       13,077  
14/11/2007
  James Michael O’Dwyer   Market Disposition   $ 0.105       11,420       11,420  
16/11/2007
  James Michael O’Dwyer   Market Disposition   $ 0.105       41,420       41,420  
16/11/2007
  James Michael O’Dwyer   Market Disposition   $ 0.110       960       960  
19/11/2007
  James Michael O’Dwyer   Market Disposition   $ 0.105       23,917       23,917  
19/11/2007
  James Michael O’Dwyer   Market Disposition   $ 0.105       20,000       20,000  
20/11/2007
  James Michael O’Dwyer   Market Disposition   $ 0.105       50,000       50,000  
20/11/2007
  James Michael O’Dwyer   Market Disposition   $ 0.105       10,000       10,000  
22/11/2007
  James Michael O’Dwyer   Market Disposition   $ 0.105       77,791       77,791  
23/11/2007
  James Michael O’Dwyer   Market Disposition   $ 0.105       150,000       150,000  
23/11/2007
  James Michael O’Dwyer   Market Disposition   $ 0.105       45,000       45,000  
30/11/2007
  James Michael O’Dwyer   Market Disposition   $ 0.105       170,000       170,000  
                                 
            Consideration   Class & No.    
Date of   Person whose relevant   Nature of change   given in relation   of securities   Person’s votes
Change   interest changed   (6)   to change (7)   affected   affected
            AUD $   ADR’s   Common Stock
02/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.36       1,100       22,000  
02/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.38       1,800       36,000  
03/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.39       1,100       22,000  
03/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.39       1,300       26,000  
03/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.42       1,600       32,000  
 
                               
03/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.42       37,000       740,000  
03/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.46       1,500       30,000  
03/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.48       9,000       180,000  
04/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.41       1,100       22,000  
04/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.32       4,200       84,000  
04/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.35       3,000       60,000  
08/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.30       1,000       20,000  
08/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.30       9,920       198,400  
08/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.31       1,000       20,000  
08/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.31       1,000       20,000  
08/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.31       1,000       20,000  
08/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.31       1,000       20,000  
08/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.31       5,813       116,260  
09/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.31       5,200       104,000  
 
                               
09/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.31       12,000       240,000  
12/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.27       3,000       60,000  

 


 

604 3 / 3
                                 
            Consideration   Class & No.    
Date of   Person whose relevant   Nature of change   given in relation   of securities   Person’s votes
Change   interest changed   (6)   to change (7)   affected   affected
12/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.27       3,000       60,000  
12/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.27       3,000       60,000  
12/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.27       1,500       30,000  
12/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.27       3,000       60,000  
23/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.27       2,200       44,000  
23/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.25       3,000       60,000  
24/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.24       1,850       37,000  
24/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.24       2,900       58,000  
25/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.23       6,626       132,520  
26/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.22       2,000       40,000  
26/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.26       1,800       36,000  
26/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.23       2,100       42,000  
30/10/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.17       1,500       30,000  
05/11/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.15       1,300       26,000  
05/11/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.15       1,900       38,000  
05/11/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.15       2,600       52,000  
05/11/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.15       1,000       20,000  
05/11/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.15       1,000       20,000  
07/11/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.09       400       8,000  
08/11/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.19       2,500       50,000  
08/11/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.09       1,560       31,200  
 
                               
08/11/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.08       18,600       372,000  
08/11/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.09       1,200       24,000  
08/11/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.09       840       16,800  
08/11/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.19       2,500       50,000  
08/11/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.19       1,000       20,000  
08/11/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.19       1,400       28,000  
13/11/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.19       1,200       24,000  
13/11/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.19       1,200       24,000  
13/11/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.19       2,000       40,000  
14/11/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.20       1,100       22,000  
15/11/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.24       1,200       24,000  
16/11/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.23       1,300       26,000  
16/11/2007
  O’Dwyer Investments Pty Ltd   Market Disposition   $ 2.23       1,000       20,000  
     
 
 
 
James Michael O’Dwyer
   

 


 

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
             
    Metal Storm Limited    
 
           
Date: December 7, 2007
  By:
Name:
  /s/ Peter Wetzig
 
Peter Wetzig
   
 
  Title:   Company Secretary    

 

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