UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13D
(Amendment No.28)
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, 2002
(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
Schedule 13D/A
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(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
SUMNER M. REDSTONE
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(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
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(4) Sources of Funds (See Instructions)
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(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 0*
Owned by ----------------------------------------
Each (9) Sole Dispositive Power 3,511,000
Reporting ----------------------------------------
Person With (10) Shared Dispositive Power 3,483,900**
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(11) Aggregate Amount Beneficially Owned by Each Reporting Person
6,994,900**
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(12) Check if the Aggregate Amount in Row (11) Excludes Certain
Shares (See Instructions)
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(13) Percent of Class Represented by Amount in Row (11)
22.6%
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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
Schedule 13D/A
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(1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
NATIONAL AMUSEMENTS, INC.
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I.R.S No. 04-2261332
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(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
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(4) Sources of Funds (See Instructions) N/A
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(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 Maryland
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Number of (7) Sole Voting Power 0*
Shares ----------------------------------------
Beneficially (8) Shared Voting Power 0*
Owned by ----------------------------------------
Each (9) Sole Dispositive Power 0
Reporting ----------------------------------------
Person With (10) Shared Dispositive Power 3,483,900
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(11) Aggregate Amount Beneficially Owned by Each Reporting Person
3,483,900
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(12) Check if the Aggregate Amount in Row (11) Excludes Certain
Shares (See Instructions)
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(13) Percent of Class Represented by Amount in Row (11) 11.25%
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(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
Item 1. Security and Issuer.
---------------------
This Amendment No. 28 amends the Statement on Schedule
13D previously filed with the SEC by Mr. Sumner M. Redstone and
National Amusements, Inc. ("NAI") with respect to the voting
common stock, $.50 par value per share (the "Common Shares"), of
WMS Industries Inc. (the "Issuer") as follows:
Item 5. Interest in Securities of the Issuer.
-------------------------------------
Item 5 is hereby amended as follows:
(a) NAI is currently the beneficial owner, with shared
dispositive and no voting power, of 3,483,900 Common
Shares, or approximately 11.25%, of the issued and
outstanding Common Shares of the Issuer (based on the
number of Common Shares that were reported to be issued
and outstanding as of September 20, 2002).
(b) Mr. Sumner M. Redstone is currently the beneficial
owner, with sole dispositive and no voting power, of
3,511,000 Common Shares, or approximately 11.34%, of the
issued and outstanding Common Shares of the Issuer
(based on the number of Common Shares that were reported
by the Issuer to be issued and outstanding as of
September 20, 2002). As a result of his stock ownership
in NAI, Mr. Sumner M. Redstone is deemed the beneficial
owner of an additional 3,483,900 Common Shares of the
issued and outstanding Common Shares of the Issuer, for
a total of 6,994,900 Common Shares, or approximately
22.6% of the issued and outstanding Common Shares of the
Issuer (based on the number of Common Shares that were
reported by the Issuer to be issued and outstanding as
of September 20, 2002).
As stated in the Issuer's Annual Report dated September 20,
2002, there are 30,956,707 shares reported issued and outstanding
(representing a decrease from the 32,045,607 shares reported
issued and outstanding in the Issuer's quarterly report of May
10, 2002). This decrease, combined with the purchases made by
the reporting person since the filing of the last amendment to
Schedule 13D, have resulted in the reporting persons having
increased their overall percentage ownership of the Issuer's
stock by more than 1%.
The lack of voting power described in paragraphs (a) and (b)
of this Item 5 is pursuant to the Voting Proxy Agreement
described in Item 6 of the Amendment No. 19 of this Statement.
(c) Transactions effected since the filing of the Statement
on Schedule 13 D Amendment Number 27 filed with the SEC
on September 10, 2002:
All transactions were executed by Bear Stearns, New
York, N.Y.
DATE NO. OF SHARES PRICE
------------------------------------------
9/9/2002 200 15.65
9/9/2002 100 15.65
9/9/2002 500 15.78
9/9/2002 100 15.77
9/9/2002 100 15.75
9/9/2002 300 15.75
9/9/2002 100 15.65
9/9/2002 100 15.56
9/9/2002 100 15.51
9/9/2002 100 15.52
9/9/2002 100 15.31
Page 4 of 8 Pages
DATE NO. OF SHARES PRICE
-----------------------------------------
9/9/2002 900 15.21
9/9/2002 200 15.21
9/9/2002 100 15.28
9/9/2002 400 15.30
9/9/2002 500 15.39
9/9/2002 200 15.39
9/9/2002 2,700 15.37
9/9/2002 200 15.38
9/9/2002 500 15.48
9/9/2002 500 15.57
9/9/2002 300 15.57
9/9/2002 2,100 15.56
9/9/2002 700 15.54
9/9/2002 200 15.38
9/9/2002 300 15.39
9/9/2002 200 15.41
9/9/2002 200 15.41
9/9/2002 100 15.41
9/9/2002 500 15.41
9/9/2002 500 15.41
9/9/2002 100 15.22
9/9/2002 200 15.18
9/9/2002 100 15.18
9/9/2002 200 15.19
9/9/2002 100 15.24
9/9/2002 200 15.24
9/9/2002 100 15.25
9/9/2002 200 15.27
9/9/2002 200 15.28
9/9/2002 200 15.32
9/9/2002 300 15.39
9/9/2002 200 15.39
9/9/2002 300 15.36
9/9/2002 500 15.48
9/9/2002 200 15.49
9/9/2002 300 15.49
9/9/2002 100 15.50
9/9/2002 500 15.70
9/9/2002 100 15.55
9/9/2002 1,000 15.64
9/9/2002 500 15.75
9/9/2002 500 15.77
9/9/2002 500 15.87
9/9/2002 1,000 15.88
9/9/2002 1,000 15.87
9/9/2002 1,000 15.96
9/9/2002 100 15.95
9/9/2002 1,600 15.97
9/9/2002 900 15.97
Page 5 of 8 Pages
DATE NO. OF SHARES PRICE
----------------------------------------
9/9/2002 500 15.97
9/9/2002 200 16.00
9/9/2002 1,300 16.10
9/9/2002 600 15.99
9/9/2002 400 16.05
9/9/2002 2,000 16.07
9/9/2002 3,000 16.10
9/9/2002 300 16.10
9/9/2002 800 16.14
9/9/2002 600 16.15
9/9/2002 1,200 16.15
9/9/2002 400 16.15
9/9/2002 200 16.12
9/9/2002 1,800 16.13
9/9/2002 900 16.06
9/9/2002 1,200 16.03
9/9/2002 400 15.98
9/9/2002 400 15.98
9/9/2002 1,500 15.96
9/9/2002 1,000 15.89
9/10/2002 500 16.05
9/10/2002 500 16.08
9/10/2002 100 16.06
9/10/2002 100 16.03
9/10/2002 400 15.99
9/10/2002 200 15.97
9/10/2002 1,400 15.91
9/10/2002 100 15.91
9/10/2002 200 15.92
9/10/2002 200 15.93
9/10/2002 200 15.95
9/10/2002 100 15.96
9/10/2002 200 15.98
9/10/2002 100 15.88
9/10/2002 900 15.90
9/10/2002 2,000 15.98
9/10/2002 1,000 15.99
9/10/2002 1,600 15.99
9/10/2002 500 15.97
9/10/2002 100 15.96
9/10/2002 200 15.97
9/10/2002 200 15.97
9/10/2002 500 15.95
9/10/2002 100 15.95
9/10/2002 200 15.96
9/10/2002 700 15.98
9/10/2002 1,000 15.99
9/10/2002 300 15.99
9/10/2002 4,700 16.00
Page 6 of 8 Pages
DATE NO. OF SHARES PRICE
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9/10/2002 300 15.99
9/10/2002 1,500 15.99
9/10/2002 100 15.89
9/10/2002 300 15.94
9/10/2002 300 15.90
9/10/2002 200 15.90
9/10/2002 500 15.94
9/10/2002 100 15.89
9/10/2002 200 15.90
9/10/2002 100 15.90
9/10/2002 700 15.88
9/11/2002 200 16.13
9/11/2002 300 15.93
9/11/2002 100 15.91
9/11/2002 100 15.86
9/11/2002 100 15.85
9/12/2002 300 15.89
9/12/2002 100 15.82
9/12/2002 200 15.80
9/12/2002 200 15.84
9/12/2002 100 15.84
9/12/2002 500 15.75
9/13/2002 200 15.65
9/13/2002 100 15.59
9/13/2002 100 15.57
9/13/2002 100 15.57
9/13/2002 100 15.70
9/13/2002 200 15.71
9/13/2002 100 15.83
9/13/2002 200 15.89
9/13/2002 200 15.65
9/13/2002 200 15.64
9/13/2002 100 15.53
9/13/2002 200 15.53
9/13/2002 200 15.48
9/13/2002 200 15.70
9/16/2002 100 15.38
9/16/2002 100 15.38
9/16/2002 100 15.41
9/17/2002 100 15.52
9/17/2002 200 15.55
9/17/2002 100 15.25
9/17/2002 100 15.21
9/17/2002 400 15.21
9/18/2002 400 14.93
9/18/2002 100 14.58
9/18/2002 200 14.58
9/18/2002 500 14.54
9/18/2002 100 14.71
Page 7 of 8 Pages
DATE NO. OF SHARES PRICE
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9/18/2002 500 14.74
9/18/2002 200 14.74
9/18/2002 300 14.62
9/18/2002 200 14.57
9/18/2002 400 14.39
9/18/2002 100 14.49
9/18/2002 100 14.60
9/18/2002 200 14.56
9/18/2002 200 14.41
9/19/2002 200 14.52
9/19/2002 200 14.42
9/19/2002 200 14.46
9/19/2002 200 14.52
9/19/2002 100 14.33
9/19/2002 200 14.32
9/19/2002 200 14.36
9/19/2002 100 14.35
9/19/2002 100 14.34
9/19/2002 100 14.17
9/19/2002 200 14.19
9/19/2002 200 14.19
9/19/2002 100 14.14
9/19/2002 100 14.18
9/19/2002 300 14.12
9/20/2002 500 14.20
9/20/2002 200 14.30
9/20/2002 100 14.23
9/20/2002 100 14.24
9/20/2002 400 14.23
9/20/2002 200 13.99
9/20/2002 200 13.99
9/20/2002 200 13.94
9/20/2002 200 14.05
9/20/2002 200 13.94
9/20/2002 400 13.94
9/20/2002 400 13.96
9/20/2002 100 13.94
9/20/2002 200 14.00
9/20/2002 200 13.93
9/20/2002 100 13.99
9/20/2002 1,500 14.04
9/20/2002 100 14.15
9/20/2002 1,000 14.07
9/20/2002 100 14.03
9/20/2002 200 14.04
9/20/2002 1,000 14.04
9/23/2002 200 14.05
9/23/2002 100 13.76
9/23/2002 100 13.78
Page 8 of 8 Pages
DATE NO. OF SHARES PRICE
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9/23/2002 100 13.90
9/23/2002 100 13.86
9/23/2002 100 13.76
9/23/2002 500 13.88
9/23/2002 200 14.00
9/23/2002 200 13.98
9/23/2002 200 13.88
9/23/2002 100 14.03
9/23/2002 100 13.89
9/23/2002 100 13.90
9/24/2002 200 13.81
Item 7. Material to Be Filed as Exhibits
--------------------------------
A joint filing agreement between Mr. Sumner M. Redstone and
National Amusements, Inc. is attached hereto as Exhibit 1.
Signatures
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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 25, 2002 /s/ Sumner M. Redstone
----------------------
Sumner M. Redstone,
Individually
National Amusements, Inc.
By: /s/ Sumner M. Redstone
----------------------
Name: Sumner M. Redstone,
Title:Chairman and Chief
Executive Officer
Exhibit 1
JOINT FILING AGREEMENT
The undersigned hereby agree that the Statement on Schedule
13D, dated November 21, 1985 (the "Schedule 13D"), with respect
to the common stock, $.50 par value per share (the "Common
Shares"), of WMS Industries Inc. (the "Issuer") is, and any
amendments executed by us shall be, filed on behalf of each of us
pursuant to and in accordance with the provisions of Rule 13d-
1(k) under the Securities Exchange Act of 1934, as amended, and
that this Agreement shall be included as an exhibit to the
Schedule 13D and each such amendment. Each of the undersigned
agrees to be responsible for the timely filing of the Schedule
13D and any amendments thereto, and for the completeness and
accuracy of the information concerning itself contained therein.
This agreement may be executed in any number of counterparts, all
of which taken together shall constitute one and the same
instrument.
IN WITNESS WHEREOF, the undersigned have executed this
Agreement as of the 30th day of July, 2002.
NATIONAL AMUSEMENTS, INC.
By: /s/ Sumner M. Redstone
------------------------------
Sumner M. Redstone
Chairman and
Chief Executive Officer
By: /s/ Sumner M. Redstone
------------------------------
Sumner M. Redstone
Individually