UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ------------------------------------------ SCHEDULE 13D (Amendment No.34) 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) November 25, 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 ----------------------------------------------------------------- (1) Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person SUMNER M. REDSTONE ----------------------------------------------------------------- (2) Check the Appropriate Box if a Member of Group (See Instructions) / / (a) ----------------------------------------------------------------- / / (b) ----------------------------------------------------------------- (3) SEC Use Only ----------------------------------------------------------------- (4) Sources of Funds (See Instructions) ----------------------------------------------------------------- (5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e). ----------------------------------------------------------------- (6) Citizenship or Place of Organization United States ----------------------------------------------------------------- Number of (7) Sole Voting Power 0* Shares ---------------------------------------- Beneficially (8) Shared Voting Power 0* Owned by ---------------------------------------- Each (9) Sole Dispositive Power 5,323,300*** Reporting ---------------------------------------- Person With (10) Shared Dispositive Power 3,483,900** ----------------------------------------------------------------- (11) Aggregate Amount Beneficially Owned by Each Reporting Person 8,807,200** ----------------------------------------------------------------- (12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ----------------------------------------------------------------- (13) Percent of Class Represented by Amount in Row (11) 29.96 percent ----------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) IN ----------------------------------------------------------------- *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 ----------------------------------------------------------------- (1) Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person NATIONAL AMUSEMENTS, INC. ----------------------------------------------------------------- I.R.S 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) N/A ----------------------------------------------------------------- (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 0* Owned by ---------------------------------------- Each (9) Sole Dispositive Power 0 Reporting ---------------------------------------- Person With (10) Shared Dispositive Power 3,483,900 ----------------------------------------------------------------- (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) 11.85 percent ----------------------------------------------------------------- (14) Type of Reporting Person (See Instructions) CO ----------------------------------------------------------------- *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. 34 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 11.85%, 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 November 7, 2003). (b) Mr. Sumner M. Redstone is currently the beneficial owner, with sole dispositive and no voting power, of 5,323,300 Common Shares, or approximately 18.11%, 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 November 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 8,807,200 Common Shares, or approximately 29.96% 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 November 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 33 filed with the SEC on November 18, 2003: All transactions were executed by Bear Stearns, New York, N.Y. DATE NO.SHARES PRICE 11/18/2003 600 24.19 11/18/2003 3,000 24.20 11/18/2003 500 24.23 11/18/2003 500 24.27 11/18/2003 500 24.32 11/18/2003 100 24.35 11/18/2003 1,900 24.36 11/18/2003 600 24.37 11/18/2003 5,500 24.41 11/18/2003 1,000 24.42 11/18/2003 6,700 24.43 11/18/2003 1,200 24.44 11/18/2003 200 24.46 11/18/2003 500 24.47 11/18/2003 600 24.50 11/18/2003 600 24.51 11/18/2003 200 24.52 11/18/2003 100 24.53 11/18/2003 400 24.55 11/18/2003 700 24.57 11/18/2003 100 24.59 11/18/2003 1,100 24.60 11/18/2003 300 24.62 11/18/2003 200 24.63 11/18/2003 2,100 24.64 11/18/2003 1,600 24.65 11/18/2003 700 24.66 11/18/2003 600 24.67 11/18/2003 700 24.68 11/18/2003 500 24.69 11/18/2003 1,100 24.71 11/18/2003 500 24.72 11/18/2003 3,400 24.75 11/18/2003 700 24.76 11/18/2003 500 24.77 11/19/2003 400 24.42 11/19/2003 500 24.48 11/19/2003 700 24.49 11/19/2003 800 24.50 11/19/2003 500 24.51 11/19/2003 400 24.54 11/19/2003 500 24.61 11/19/2003 500 24.64 11/19/2003 100 24.65 11/19/2003 400 24.66 11/19/2003 800 24.70 11/19/2003 4,600 24.75 11/19/2003 300 24.76 11/19/2003 400 24.77 11/19/2003 1,200 24.78 11/19/2003 2,200 24.80 11/19/2003 500 24.81 11/19/2003 500 24.82 11/19/2003 1,500 24.83 11/19/2003 3,400 24.88 11/19/2003 700 24.93 11/19/2003 300 24.94 DATE NO.SHARES PRICE 11/19/2003 600 24.98 11/19/2003 7,600 25.00 11/19/2003 1,600 25.01 11/19/2003 500 25.03 11/19/2003 300 25.04 11/19/2003 5,000 25.05 11/20/2003 200 24.71 11/20/2003 800 24.72 11/20/2003 1,300 24.75 11/20/2003 600 24.76 11/20/2003 500 24.77 11/20/2003 1,100 24.79 11/20/2003 5,000 24.80 11/20/2003 10,900 24.82 11/20/2003 200 24.83 11/20/2003 2,300 24.84 11/20/2003 800 24.85 11/20/2003 1,700 24.86 11/20/2003 2,300 24.87 11/20/2003 1,700 24.88 11/20/2003 1,500 24.89 11/20/2003 700 24.90 11/20/2003 300 24.91 11/20/2003 600 24.92 11/20/2003 1,000 24.93 11/20/2003 2,800 24.94 11/20/2003 1,300 24.95 11/20/2003 1,400 24.96 11/20/2003 5,000 24.97 11/20/2003 400 24.98 11/20/2003 600 24.99 11/20/2003 600 25.00 11/20/2003 6,000 25.05 11/20/2003 500 25.06 11/20/2003 100 25.14 11/20/2003 2,600 25.15 11/20/2003 300 25.16 11/21/2003 300 25.39 11/21/2003 300 25.40 11/21/2003 4,400 25.55 11/21/2003 400 25.68 11/21/2003 500 25.75 11/21/2003 2,300 25.81 11/21/2003 1,000 25.84 11/21/2003 1,000 25.86 11/21/2003 12,700 25.88 11/21/2003 500 25.89 11/21/2003 10,000 25.92 11/21/2003 7,500 25.95 11/21/2003 500 25.96 11/21/2003 700 25.97 11/21/2003 1,000 25.98 11/21/2003 2,400 25.99 11/21/2003 600 26.00 11/21/2003 100 26.04 11/21/2003 400 26.05 11/21/2003 700 26.08 DATE NO.SHARES PRICE 11/21/2003 1,300 26.09 11/21/2003 3,100 26.10 11/21/2003 1,500 26.11 11/21/2003 2,300 26.15 11/21/2003 1,000 26.18 11/21/2003 2,700 26.19 11/21/2003 2,000 26.20 11/21/2003 500 26.22 11/21/2003 2,600 26.23 11/21/2003 500 26.26 11/21/2003 400 26.32 11/21/2003 100 26.34 11/21/2003 600 26.35 11/21/2003 6,300 26.37 11/21/2003 500 26.38 11/21/2003 500 26.39 11/21/2003 500 26.40 11/21/2003 200 26.41 11/21/2003 1,200 26.42 11/21/2003 1,600 26.43 11/21/2003 600 26.44 11/21/2003 1,000 26.46 11/21/2003 1,100 26.48 11/21/2003 2,300 26.49 11/21/2003 500 26.55 11/21/2003 500 26.58 11/21/2003 500 26.59 11/21/2003 3,000 26.60 11/21/2003 900 26.61 11/21/2003 800 26.62 11/21/2003 200 26.70 11/21/2003 300 26.71 11/24/2003 500 26.36 11/24/2003 10,000 26.39 11/24/2003 500 26.40 11/24/2003 600 26.41 11/24/2003 400 26.42 11/24/2003 1,200 26.44 11/24/2003 500 26.46 11/24/2003 200 26.47 11/24/2003 1,500 26.48 11/24/2003 2,800 26.49 11/24/2003 3,500 26.50 11/24/2003 500 26.51 11/24/2003 500 26.52 11/24/2003 700 26.56 11/24/2003 500 26.57 11/24/2003 300 26.59 11/24/2003 3,100 26.60 11/24/2003 2,200 26.63 11/24/2003 700 26.66 11/24/2003 300 26.67 11/24/2003 500 26.69 11/24/2003 3,800 26.70 11/24/2003 500 26.72 11/24/2003 500 26.73 11/24/2003 700 26.74 DATE NO.SHARES PRICE 11/24/2003 800 26.75 11/24/2003 500 26.78 11/24/2003 500 26.79 11/24/2003 500 26.80 11/24/2003 2,300 26.81 11/24/2003 1,100 26.82 11/24/2003 500 26.84 11/24/2003 2,000 26.85 11/24/2003 500 26.86 11/25/2003 100 26.74 11/25/2003 1,100 26.75 11/25/2003 7,700 26.78 11/25/2003 5,100 26.79 11/25/2003 35,600 26.80 11/25/2003 200 26.81 11/25/2003 4,600 26.82 11/25/2003 13,500 26.83 11/25/2003 3,000 26.84 11/25/2003 21,600 26.85 11/25/2003 6,000 26.86 11/25/2003 5,900 26.87 11/25/2003 11,200 26.88 11/25/2003 6,400 26.89 11/25/2003 28,400 26.90 11/25/2003 3,200 26.91 11/25/2003 2,500 26.92 11/25/2003 10,100 26.93 11/25/2003 2,400 26.94 11/25/2003 5,700 26.95 11/25/2003 29,700 26.98 11/25/2003 3,000 26.99 11/25/2003 25,300 27.00 11/25/2003 300 27.03 11/25/2003 900 27.04 11/25/2003 200 27.05 11/25/2003 700 27.06 11/25/2003 3,300 27.07 11/25/2003 1,600 27.08 11/25/2003 300 27.09 11/25/2003 1,600 27.10 11/25/2003 400 27.11 11/25/2003 7,100 27.12 11/25/2003 400 27.13 11/25/2003 7,300 27.14 11/25/2003 500 27.15 11/26/2003 300 26.68 11/26/2003 500 26.73 11/26/2003 700 26.82 11/26/2003 900 26.84 11/26/2003 1,100 26.86 11/26/2003 1,400 26.87 11/26/2003 1,800 26.88 11/26/2003 2,500 26.89 11/26/2003 500 26.90 11/26/2003 1,000 26.91 11/26/2003 1,000 26.93 DATE NO.SHARES PRICE 11/26/2003 1,300 26.94 11/26/2003 100 26.95 11/26/2003 1,000 26.96 11/26/2003 1,000 26.97 11/26/2003 1,900 27.05 11/26/2003 500 27.06 11/26/2003 400 27.09 11/26/2003 500 27.12 11/26/2003 500 28.16 11/26/2003 4,100 27.20 11/26/2003 500 27.21 11/26/2003 2,000 27.24 11/28/2003 200 26.87 11/28/2003 500 26.88 11/28/2003 1,300 26.89 11/28/2003 500 26.96 11/28/2003 500 26.97 11/28/2003 1,000 26.98 11/28/2003 2,500 27.00 11/28/2003 1,100 27.04 11/28/2003 500 27.10 11/28/2003 500 27.17 11/28/2003 500 27.20 11/28/2003 500 27.22 12/01/2003 1,000 27.20 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. December 2,2003 /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