SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: May 28, 1998
(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
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Item 5. Other Events.
The press release issued by the Registrant on May 28, 1998 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 May 28, 1998.
<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: June 3, 1998 By: /s/ William J. Coronado
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William J. Coronado
Controller
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Exhibit Index
Number Document
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99 Press release issued by the Registrant on May 28, 1998.
Exhibit 99
UNIVERSAL CORPORATION NEWS
P.O. Box 25099 Phone: (804)359-9311
Richmond, VA 23260 Fax: (804)254-3584
Contact: Release:
Immediate
KAREN M.L. WHELAN
Phone: (804)359-9311
Fax: (804)254-3594
UNIVERSAL AND SOCOTAB COMPLETE ORIENTAL LEAF TOBACCO PARTNERSHIP
RICHMOND, VA and NEW YORK, May 28, 1998 / PRNEWSWIRE
Henry H. Harrell, Chairman and Chief Executive Officer of Universal Corporation,
Richmond, Virginia and Harold S. Wertheimer, President of Socotab Leaf Tobacco
Company, Inc., New York, New York today announced that they have completed the
formation of a partnership combining their oriental leaf tobacco businesses. The
new company, Socotab, L.L.C, (Socotab) is the leading oriental leaf tobacco
merchant in the world.
Oriental tobacco is an integral component of American blend cigarettes, and the
new company has enhanced capabilities to serve the growing world demand for
oriental leaf.
Socotab's Board of Directors has representation from each of the two partners.
Harold S. Wertheimer is the Chairman and Chief Executive Officer of the new
company, and Jonathan R. Wertheimer is President. The company, which is
headquartered in Geneva, Switzerland has operations in Turkey, Bulgaria,
Macedonia and Greece, the major sources of oriental style tobacco.
Universal Corporation is a diversified company with operations in leaf tobacco,
lumber, and agri-products. Prior to the formation of the partnership, Socotab
Leaf Tobacco Company, Inc., founded in 1923, was one of the world's leading
oriental leaf tobacco merchants.
