UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 12)

Aberdeen Australia Equity Fund, Inc.

(Name of Issuer)

 

Common Stock, par value $.01 per share

(Title of Class of Securities)

 

318652104

(CUSIP Number)

 

Moritz Sell

Bankgesellschaft Berlin AG

Alexanderplatz 2

D-10178 Berlin

Germany

+44.20.7572.6200

(Name, Address and Telephone Number of Person Authorized to

Receive Notices and Communications)

 

November 28, 2005

(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 that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-l(e), 240.13d-l(f) or 240.13d-l(g), check the following box. o

 

 



 

 

CUSIP No. 889050 10 0

 

 

1.

Names of Reporting Persons.

 

 

I.R.S. Identification Nos. of above persons (entities only).

 

 

Bankgesellschaft Berlin AG

 

 

IRS No.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

[

]

 

(b)

[

]

 

 

 

3.

SEC Use Only

 

 

 

4.

Source of Funds (See Instructions)

 

 

 

5.

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)

o

 

 

 

6.

Citizenship or Place of Organization

 

 

Federal Republic of Germany

 

 

Number of

7.

Sole Voting Power:

4,620,950

Shares Bene-

ficially

8.

Shared Voting Power:

Owned by Each

Reporting

9.

Sole Dispositive Power:

4,620,950

Person with:

 

10.

Shared Dispositive Power:

 

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person

4,620,950

 

 

 

 

12.

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

 

o

 

 

 

13.

Percent of Class Represented by Amount in Row (11)

27.54%

 

 

 

 

14.

Type of Reporting Person (See Instructions)

BK

 

 

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This Amendment No. 12 amends and supplements Items 2 and 5 and Annex A of the Statement on Schedule 13D of Bankgesellschaft Berlin AG (the "Bank") with respect to the shares of Common Stock, par value $.01 per share (the "Common Stock"), of the Aberdeen Australia Equity Fund, Inc. (the "Fund"). Annex A sets forth the name, address and principal occupation of each director and executive officer of the Bank and the name, address, jurisdiction of incorporation and principal business of each shareholder of the Bank who may be deemed to be in control of the Bank. All of the individuals listed on Annex A are citizens of the Federal Republic of Germany. Items not included in this amendment are not amended and remain as previously reported.

Item 2. Identity and Background

 

We note that every time we amend Annex A to the Bank's Schedule 13D, we automatically reiterate, unless otherwise explicitly set forth in such amendment, the statement made in Item 2 of the Bank's Amendment No. 7 to its Schedule 13D. Such statement is as follows: Based on the information about the persons listed on Annex A that is available to the Bank pursuant to German labor law (including a police certificate of no criminal record), the Bank is unaware of any information that would render incorrect the statements in (d) and (e) of Item 2 of the Bank's Statement on Schedule 13D with respect to the persons listed in Annex A.

Item 5. Interest in Securities of the Issuer

 

(a) According to the latest Registration Statement of the Fund filed with the Commission on Form N-2 on August 8, 2005, there were 16,777,298 shares of Common Stock outstanding at March 10July 22, 2005. The percentage set forth in this Item 5(a) was derived using such number. The Bank is the beneficial owner of 4,620,950 shares of Common Stock, which constitute approximately 27.54% of the outstanding shares of Common Stock.

(b) The Bank has sole power to vote and to dispose of the shares of Common Stock owned by it.

(c) During the last sixty days, the Bank has effected the following sales in the shares of Common Stock in reliance upon Rule 144 under the Securities Act of 1933, as amended:

DATE

NUMBER OF SHARES

PRICE PER SHARE

 

 

 

September 26, 2005

35,300

$13.5259

September 27, 2005

25,000

$13.5256

September 30, 2005

7,000

$13.4667

October 3, 2005

13,000

$13.2432

November 1, 2005

6,500

$13.0000

November 2, 2005

20,700

$12.7283

November 4, 2005

9,300

$12.8490

November 7, 2005

4,800

$12.7423

November 15, 2005

1,700

$12.6353

November 16, 2005

9,300

$12.5812

November 17, 2005

11,500

$12.6083

November 18, 2005

8,200

$12.6196

 

 

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(d) No person other than the Bank has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Common Stock owned by the Bank.

(e) Inapplicable.

 

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Signature

After reasonable inquiry and to the best of the undersigned’s knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

Date: November 28, 2005

 

BANKGESELLSCHAFT BERLIN AG

 

By: /s/    Dirk Kipp                            

Name: Dirk Kipp

Title: Managing Director

 

By: /s/    Moritz Sell                          

Name: Moritz Sell

Title: Director

 

 



 

 

Amendments to Annex A

Unless otherwise indicated, the business address for all individuals listed in this Annex A is Bankgesellschaft Berlin AG, Alexanderplatz 2, D-10178 Berlin, Federal Republic of Germany

Members of the Managing Board

Name and Address

Principal Occupation

Hans-Jörg Vetter
Alexanderplatz 2
D-10178 Berlin

Chairman of the Managing Board of
Bankgesellschaft Berlin AG

Serge Demolière
Alexanderplatz 2
D-10178 Berlin

Member of the Managing Board of
Bankgesellschaft Berlin AG

Uwe Kruschinski
Alexanderplatz 2
D-10178 Berlin

Member of the Managing Board of
Bankgesellschaft Berlin AG

Martin Klaus Müller
Alexanderplatz 2
D-10178 Berlin

Member of the Managing Board of
Bankgesellschaft Berlin AG

Dr. Thomas Veit
Alexanderplatz 2
D-10178 Berlin

Member of the Managing Board of
Bankgesellschaft Berlin AG

 

Executive Office

 

Name and Address

Principal Occupation

Alt, Volker
Bankgesellschaft Berlin AG
Recht
Alexanderplatz 2
D-10178 Berlin

Managing Director of Bankgesellschaft Berlin AG

Boehmer, Willi
Bankgesellschaft Berlin AG
Finanzen
Brunnenstraße 111
D-13355 Berlin

Managing Director of Bankgesellschaft Berlin AG

 

 

 

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Name and Address

Principal Occupation

Boenke, Frank-Michael
Bankgesellschaft Berlin AG
Compliance
Brunnenstraße 111
D-13355 Berlin

Managing Director of Bankgesellschaft Berlin AG

Brummel, Beate
Bankgesellschaft Berlin AG
Kreditbereich Kapitalmarktgeschäft
Strukturierte Finanzierungen/Projektfinanzierungen
Alexanderplatz 2
D-10178 Berlin

Managing Director of Bankgesellschaft Berlin AG

Burmester, Dr. Christian
Bankgesellschaft Berlin AG
London Branch
1 Crown Court
Cheapside
GB-London EC2V 6LR

General Manager of Bankgesellschaft Berlin AG
London Branch

Butzer, Arnold
Bankgesellschaft Berlin AG
Vertrieb Immobilienfinanzierung
Corneliusstr, 7
D-10787 Berlin

Managing Director of Bankgesellschaft Berlin AG

Günther, Steffen
Bankgesellschaft Berlin AG
Geschäftsfeldstab Immobilienfinanzierung
Corneliusstr, 7
D-10787 Berlin

Managing Director of Bankgesellschaft Berlin AG

Hirschhaeuser, Dr. Karl-Friedrich
Bankgesellschaft Berlin AG
Controlling
Brunnenstraße 111
D-13355 Berlin

Managing Director of Bankgesellschaft Berlin AG

Kipp, Dirk
Bankgesellschaft Berlin AG
Eigenhandel
Treasury
Alexanderplatz 2
D-10178 Berlin

Managing Director of Bankgesellschaft Berlin AG

Lange, Axel
Bankgesellschaft Berlin AG
Kreditbereich IBAG/IBG
Hardenbergstr. 20
D-10623 Berlin

Managing Director of Bankgesellschaft Berlin AG

 

 

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Papesch, Uwe
Bankgesellschaft Berlin AG
Equities
Zins- und Kreditprodukte
Alexanderplatz 2
D-10178 Berlin

Managing Director of Bankgesellschaft Berlin AG

Reutter, Dr. Georg
Bankgesellschaft Berlin AG
Kredit Immobilien
Corneliusstr, 7
D-10787 Berlin

Managing Director of Bankgesellschaft Berlin AG

Roller, Gerhard
Bankgesellschaft Berlin AG
Internationales Geschäft
Alexanderplatz 2
D-10178 Berlin-

Managing Director of Bankgesellschaft Berlin AG

Scheer, Heinz-Günter
Bankgesellschaft Berlin AG
Unternehmensentwicklung
Alexanderplatz 2
D-10178 Berlin

Managing Director of Bankgesellschaft Berlin AG

Schölper, Siegfried
Bankgesellschaft Berlin AG
Risikocontrolling
Alexanderplatz 2
D-10178 Berlin

Managing Director of Bankgesellschaft Berlin AG

Schroeder, Bartho
Bankgesellschaft Berlin AG
Business Management
Alexanderplatz 2
D-10178 Berlin

Managing Director of Bankgesellschaft Berlin AG

 

 

 

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