SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
-----------
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: July 9, 1997
(Date of earliest event reported)
UNIVERSAL CORPORATION
(Exact Name of Registrant as Specified in its Charter)
Virginia 1-652 54-0414210
(State or Other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation) Identification No.)
1501 North Hamilton Street 23230
Richmond, Virginia (Zip Code)
(Address of Principal Executive Offices)
Registrant's telephone number, including area code:
(804) 359-9311
<PAGE>
Item 5. Other Events.
The press release issued by the Registrant on July 9, 1997 and attached
hereto as Exhibit 99 is incorporated herein by reference.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits.
99 Press release issued by the Registrant on July 9, 1997.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
UNIVERSAL CORPORATION
(Registrant)
Date: July 17, 1997 By: /s/ William J. Coronado
--------------------------------
William J. Coronado
Controller
<PAGE>
Exhibit Index
Number Document
- ------ --------
99 Press release issued by the Registrant on July 9, 1997.
Exhibit 99
UNIVERSAL CORPORATION NEWS
P.O. Box 25099 Phone: (804)359-9311
Richmond, VA 23260 Fax: (804)254-3584
Contact: Release:
KAREN M.L. WHELAN July 9, 1997
Phone: (804)359-9311 1:45 p.m. EDT
Fax: (804)254-3594
UNIVERSAL CORPORATION ANNOUNCES AGREEMENT TO ACQUIRE POLISH OPERATION
RICHMOND, VA, July 9, 1997 / PRNEWSWIRE
Henry H. Harrell, Chairman and Chief Executive Officer of Universal
Corporation, announced today that a subsidiary of Universal has reached
agreement with Wytwornia Wyrobow Tytoniowych, S.A., ("WWT") a subsidiary of
Reemtsma Cigarettenfabriken GmbH, Germany, to acquire a processing plant and
agronomy and leaf buying units located in the Grudziadz region of Poland.
The operations to be acquired employ approximately 200 people and will
purchase and process tobaccos for the domestic market in Poland, one of the
largest in Central Europe. The agreement also provides for the long-term supply
of tobaccos to WWT from Poland and other countries of origin. The transaction is
expected to be finalized this summer.
Mr. Harrell said, "Universal has been operating in Poland for some
time and is strongly committed to the development of the Polish tobacco market.
We will work toward improving the factory efficiencies and the quality of
tobacco for this very important market."
Universal Corporation is a diversified company with operations in
tobacco, lumber, and agri-products. Its gross revenues for the fiscal year that
ended on June 30, 1996, were approximately $3.6 billion.
# # #
