UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
------------------------------------------
SCHEDULE 13D
(Amendment No.32)
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)
May 15, 2003
(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
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 4,572,100***
Reporting ----------------------------------------
Person With (10) Shared Dispositive Power 3,483,900**
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(11) Aggregate Amount Beneficially Owned by Each Reporting Person
8,056,000**
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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)
26.94 percent
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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.
*** Does not include 7,900 shares owned by Mr. Sumner Redstone's
wife, Mrs. Paula Redstone, over which she has sole dispositive
and voting power.
CUSIP No. 969-901-107
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) 11.65
percent
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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.
Item 1. Security and Issuer.
--------------------
This Amendment No. 32 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 3. Source and Amount of Funds or Other Consideration.
--------------------------------------------------
The purchases of Common Shares by Mr. Sumner M. Redstone
have been made by using his personal funds as well as through margin
and cash accounts at Bear Stearns.
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 11.65%, 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 May 7, 2003).
(b) Mr. Sumner M. Redstone is currently the beneficial
owner, with sole dispositive and no voting power, of
4,572,100 Common Shares, or approximately 15.29%, 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
May 7, 2003). 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 8,056,000 Common Shares, or approximately
26.94% 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 May 7, 2003).
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 Amendment No. 19 of this Statement.
(c) Transactions effected since the filing of the Statement
on Schedule 13 D Amendment Number 31 filed with the SEC
on February 20, 2003:
All transactions were executed by Bear Stearns, New
York, N.Y.
DATE NO.SHARES PRICE
02/20/03 1,500 12.00
02/20/03 300 12.03
02/20/03 100 12.03
02/20/03 100 12.07
02/20/03 100 12.08
02/20/03 200 12.08
02/20/03 100 12.09
02/20/03 200 12.08
02/20/03 100 12.08
02/20/03 200 12.05
02/20/03 200 12.05
02/20/03 100 12.04
02/20/03 100 12.06
02/20/03 2,500 12.01
02/21/03 300 11.93
02/21/03 300 11.99
02/21/03 200 12.00
02/21/03 100 12.10
02/21/03 300 12.11
02/21/03 100 12.29
02/21/03 100 12.29
02/21/03 200 12.26
02/21/03 200 12.39
02/21/03 200 12.28
02/21/03 200 12.42
02/21/03 200 12.32
02/21/03 200 12.30
02/21/03 400 12.24
02/21/03 200 12.34
02/21/03 200 12.28
02/21/03 200 12.30
02/21/03 500 12.20
02/21/03 2,200 12.06
02/24/03 200 12.05
02/24/03 200 12.17
02/24/03 200 12.08
02/24/03 100 12.10
02/24/03 1,000 12.09
02/25/03 100 11.89
02/25/03 100 11.89
02/25/03 100 11.90
02/25/03 100 11.85
02/25/03 100 11.86
02/25/03 100 11.91
02/25/03 100 11.72
02/25/03 200 11.87
02/25/03 300 11.90
02/25/03 400 11.90
02/25/03 200 11.94
02/25/03 200 11.97
02/25/03 100 11.97
02/25/03 600 11.98
02/25/03 200 11.97
02/25/03 200 11.97
02/25/03 400 11.96
02/25/03 300 11.95
02/26/03 300 12.05
DATE NO.SHARES PRICE
02/26/03 400 12.08
02/26/03 200 12.09
02/26/03 300 12.10
02/26/03 200 12.20
02/26/03 200 12.22
02/26/03 200 12.23
02/26/03 600 12.18
02/26/03 400 12.28
02/26/03 200 12.22
02/26/03 2,400 12.10
02/27/03 100 12.24
02/27/03 200 12.24
02/27/03 200 12.36
02/27/03 100 12.37
02/27/03 300 12.39
02/27/03 200 12.36
02/27/03 300 12.36
02/27/03 100 12.36
02/27/03 100 12.35
02/27/03 100 12.35
02/27/03 200 12.35
02/27/03 100 12.30
02/27/03 400 12.33
02/27/03 100 12.32
02/27/03 100 12.32
02/28/03 200 12.34
02/28/03 400 12.35
02/28/03 300 12.19
02/28/03 200 12.22
02/28/03 200 12.23
02/28/03 200 12.33
02/28/03 200 12.31
02/28/03 100 12.24
02/28/03 100 12.25
02/28/03 200 12.21
02/28/03 100 12.16
02/28/03 200 12.16
02/28/03 200 12.24
02/28/03 100 12.23
02/28/03 200 12.22
02/28/03 400 12.26
02/28/03 400 12.21
02/28/03 1,100 12.02
03/03/03 300 12.11
03/03/03 100 12.13
03/03/03 100 11.76
03/03/03 200 11.67
03/03/03 200 11.70
03/03/03 500 11.75
03/04/03 600 11.68
03/04/03 300 11.74
03/04/03 300 11.67
03/04/03 200 11.65
03/04/03 200 11.66
03/05/03 200 11.60
03/05/03 300 11.61
03/05/03 100 11.62
DATE NO.SHARES PRICE
03/05/03 200 11.65
03/05/03 100 11.75
03/05/03 200 11.75
03/05/03 200 11.79
03/05/03 200 11.76
03/05/03 100 11.76
03/05/03 100 11.76
03/05/03 200 11.85
03/05/03 100 11.84
03/05/03 100 11.81
03/05/03 100 11.81
03/05/03 1,600 11.81
03/06/03 100 11.76
03/06/03 200 11.78
03/06/03 300 11.83
03/06/03 100 11.76
03/06/03 200 11.75
03/06/03 100 11.77
03/06/03 100 11.80
03/06/03 100 11.80
03/06/03 200 11.84
03/06/03 100 11.84
03/06/03 200 11.82
03/06/03 200 11.82
03/06/03 200 11.78
03/07/03 1,300 11.81
03/07/03 200 11.73
03/07/03 100 11.71
03/07/03 300 11.85
03/07/03 200 11.88
03/07/03 200 11.90
03/07/03 300 11.94
03/07/03 100 11.97
03/07/03 100 11.95
03/07/03 100 11.94
03/07/03 100 11.85
03/07/03 200 11.86
03/07/03 100 11.87
03/10/03 3,500 11.86
03/10/03 100 11.65
03/10/03 200 11.70
03/10/03 100 11.68
03/10/03 100 11.69
03/10/03 100 11.81
03/10/03 100 11.81
03/10/03 200 11.57
03/10/03 300 11.62
03/10/03 200 11.65
03/10/03 100 11.61
03/11/03 200 11.85
03/11/03 200 11.95
03/11/03 200 11.84
03/11/03 200 11.65
03/11/03 200 11.65
03/11/03 200 11.68
03/11/03 400 11.68
03/11/03 100 11.76
DATE NO.SHARES PRICE
03/11/03 300 11.71
03/11/03 100 11.71
03/11/03 200 11.68
03/11/03 200 11.65
03/11/03 100 11.68
03/11/03 1,500 11.85
03/12/03 1,000 11.66
03/12/03 200 11.44
03/12/03 200 11.48
03/12/03 200 11.48
03/12/03 200 11.50
03/12/03 200 11.58
03/12/03 200 11.60
03/12/03 100 11.55
04/28/03 500 13.07
04/28/03 200 13.10
04/28/03 100 13.23
04/28/03 300 13.29
04/28/03 100 13.03
04/28/03 100 13.02
04/28/03 300 13.02
04/28/03 200 13.01
04/28/03 200 13.01
04/28/03 200 12.97
04/28/03 200 13.00
04/28/03 200 12.96
04/28/03 300 12.99
04/28/03 200 13.00
04/28/03 100 13.16
04/28/03 100 13.16
04/28/03 500 13.09
04/28/03 100 13.03
04/28/03 100 13.04
04/28/03 100 13.01
04/28/03 200 13.02
04/28/03 100 13.02
04/28/03 200 13.04
04/28/03 200 13.05
04/28/03 300 13.00
04/28/03 100 13.00
04/28/03 400 13.02
04/28/03 300 13.05
04/29/03 400 13.04
04/29/03 300 13.04
04/29/03 300 13.05
04/29/03 400 13.04
04/29/03 700 13.04
04/29/03 300 13.05
04/29/03 500 12.97
04/29/03 200 12.97
04/29/03 100 12.97
04/29/03 200 12.90
04/29/03 200 12.95
04/29/03 500 12.88
04/29/03 500 12.94
04/29/03 300 12.88
04/29/03 400 12.90
DATE NO.SHARES PRICE
04/29/03 300 12.96
04/29/03 400 12.97
04/29/03 200 12.98
04/29/03 200 12.97
04/29/03 200 12.98
04/29/03 200 12.98
04/29/03 100 12.95
04/29/03 200 12.95
04/29/03 100 12.99
04/29/03 400 12.99
04/29/03 100 12.98
04/29/03 200 12.96
04/29/03 300 12.90
04/29/03 200 12.91
04/29/03 200 12.91
04/29/03 1,000 12.91
04/29/03 300 12.90
04/29/03 1,000 12.76
04/29/03 300 12.76
04/30/03 300 13.30
04/30/03 200 13.57
04/30/03 100 13.50
04/30/03 200 13.49
04/30/03 100 13.43
04/30/03 100 13.45
04/30/03 200 13.50
04/30/03 100 13.54
04/30/03 200 13.57
04/30/03 200 13.56
04/30/03 100 13.59
04/30/03 100 13.55
04/30/03 200 13.49
04/30/03 200 13.54
04/30/03 100 13.49
04/30/03 100 13.48
05/01/03 500 13.44
05/01/03 100 13.14
05/01/03 300 13.11
05/01/03 200 13.11
05/01/03 200 13.15
05/01/03 100 13.12
05/01/03 100 13.10
05/01/03 100 13.16
05/01/03 100 13.16
05/01/03 100 13.43
05/01/03 500 13.48
05/01/03 300 13.35
05/01/03 200 13.53
05/01/03 500 13.53
05/01/03 200 13.58
05/01/03 200 13.52
05/01/03 300 13.55
05/01/03 400 13.59
05/01/03 100 13.59
05/01/03 200 13.62
05/01/03 100 13.66
05/01/03 200 13.68
DATE NO.SHARES PRICE
05/01/03 100 13.68
05/01/03 100 13.68
05/01/03 100 13.68
05/01/03 400 13.67
05/01/03 400 13.62
05/01/03 100 13.65
05/01/03 200 13.64
05/02/03 200 14.08
05/02/03 200 14.18
05/02/03 200 14.29
05/02/03 100 14.29
05/02/03 300 14.17
05/02/03 200 14.17
05/02/03 200 14.11
05/02/03 300 14.11
05/02/03 500 14.17
05/02/03 300 14.16
05/02/03 200 14.17
05/02/03 200 14.13
05/02/03 100 14.26
05/02/03 100 14.26
05/02/03 100 14.25
05/02/03 200 14.11
05/02/03 200 14.11
5/5/2003 200 14.20
5/5/2003 100 14.18
5/5/2003 100 14.19
5/5/2003 100 14.18
5/5/2003 100 14.19
5/5/2003 200 14.12
5/5/2003 200 14.18
5/5/2003 200 14.20
5/5/2003 200 14.20
5/5/2003 200 14.13
5/5/2003 100 14.14
5/5/2003 100 14.14
5/5/2003 200 14.18
5/5/2003 200 14.14
5/5/2003 200 14.13
5/5/2003 200 14.13
5/5/2003 200 14.19
5/5/2003 200 14.20
5/5/2003 200 14.20
5/5/2003 200 14.19
5/5/2003 200 14.19
5/9/2003 400 14.47
5/9/2003 200 14.50
5/9/2003 300 14.49
5/9/2003 300 14.48
5/9/2003 200 14.47
5/9/2003 200 14.45
5/9/2003 200 14.45
5/9/2003 100 14.45
5/9/2003 100 14.45
5/9/2003 200 14.46
5/9/2003 100 14.45
5/9/2003 200 14.45
DATE NO.SHARES PRICE
5/9/2003 200 14.46
5/9/2003 300 14.46
5/9/2003 100 14.48
5/9/2003 100 14.48
5/9/2003 200 14.49
5/12/2003 1000 14.49
5/12/2003 200 14.46
5/12/2003 200 14.44
5/12/2003 300 14.40
5/12/2003 100 14.48
5/12/2003 100 14.48
5/12/2003 200 14.50
5/12/2003 200 14.56
5/12/2003 100 14.58
5/12/2003 100 14.61
5/12/2003 200 14.62
5/12/2003 100 14.62
5/12/2003 100 14.64
5/12/2003 100 14.64
5/12/2003 200 14.63
5/12/2003 200 14.52
5/12/2003 200 14.53
5/12/2003 200 14.54
5/12/2003 200 14.55
5/12/2003 200 14.57
5/12/2003 100 14.58
5/12/2003 100 14.66
5/12/2003 200 14.69
5/12/2003 100 14.69
5/12/2003 100 14.70
5/12/2003 100 14.73
5/12/2003 200 14.73
5/12/2003 100 14.70
5/12/2003 100 14.70
5/12/2003 100 14.72
5/12/2003 100 14.75
5/12/2003 200 14.77
5/12/2003 100 14.78
5/12/2003 200 14.80
5/12/2003 100 14.80
5/12/2003 100 14.80
5/12/2003 200 14.77
5/12/2003 100 14.78
5/12/2003 100 14.78
5/12/2003 100 14.79
5/12/2003 100 14.81
5/12/2003 100 14.82
5/12/2003 100 14.83
5/12/2003 100 14.84
5/12/2003 200 14.83
5/12/2003 100 14.78
5/12/2003 100 14.78
5/12/2003 100 14.78
5/12/2003 100 14.79
5/12/2003 100 14.79
5/12/2003 200 14.79
5/12/2003 500 14.80
DATE NO.SHARES PRICE
5/12/2003 100 14.76
5/12/2003 400 14.74
5/12/2003 100 14.73
5/12/2003 200 14.73
5/12/2003 100 14.73
5/13/2003 1000 14.73
5/13/2003 300 14.76
5/13/2003 100 14.78
5/13/2003 100 14.90
5/13/2003 200 14.90
5/13/2003 100 14.91
5/13/2003 100 14.93
5/13/2003 100 14.93
5/13/2003 200 14.98
5/13/2003 200 15.04
5/13/2003 100 15.04
5/13/2003 100 15.21
5/13/2003 200 15.21
5/13/2003 200 15.21
5/13/2003 100 15.20
5/13/2003 100 15.19
5/13/2003 100 15.12
5/13/2003 200 14.87
5/13/2003 200 14.89
5/13/2003 100 14.89
5/13/2003 200 14.90
5/13/2003 200 14.89
5/14/2003 500 14.95
5/14/2003 500 14.98
5/14/2003 200 15.00
5/14/2003 200 15.00
5/14/2003 100 15.01
5/14/2003 300 15.17
5/14/2003 200 15.05
5/14/2003 100 14.96
5/15/2003 200 15.13
5/15/2003 700 15.10
5/15/2003 200 15.09
5/15/2003 200 15.09
5/15/2003 800 14.80
5/15/2003 400 14.80
5/16/2003 500 14.60
5/16/2003 500 14.58
5/16/2003 400 14.57
5/16/2003 500 14.53
5/19/2003 200 14.51
5/19/2003 100 14.51
5/19/2003 200 14.51
5/19/2003 300 14.37
5/19/2003 200 14.39
5/19/2003 100 14.39
5/19/2003 200 14.39
5/19/2003 600 14.39
5/19/2003 100 14.39
5/19/2003 400 14.40
5/19/2003 500 14.45
5/19/2003 200 14.44
DATE NO.SHARES PRICE
5/19/2003 400 14.45
5/19/2003 500 14.49
5/19/2003 500 14.51
5/19/2003 400 14.55
5/19/2003 100 14.56
5/19/2003 500 14.56
5/19/2003 500 14.61
5/19/2003 400 14.52
5/19/2003 800 14.53
5/19/2003 100 14.43
5/19/2003 400 14.44
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
----------
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.
May 20,2003 /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