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: April 14, 1999
(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
Richmond, Virginia 23230
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code:
(804) 359-9311
<PAGE>
Item 5. Other Events.
The press release issued by the Registrant on April 14, 1999
attached hereto as Exhibit 99.1 is incorporated herein by
reference.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits.
No. Description
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99.1 Press Release announcing the acquisition of Polish
operations.
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*Filed Herewith
<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: April 16, 1999 By: /s/ James M. White, III
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James M. White, III
Vice President, General Counsel
and Secretary
<PAGE>
Exhibit Index
Exhibit
Number Document
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99.1 Press Release announcing the acquisition of Polish operations.
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*Filed Herewith
EXHIBIT 99.1
CONTACT: RELEASE:
KAREN M.L. WHELAN APRIL 14, 1999
Phone: (804) 359-9311 IMMEDIATE
Fax: (804) 254-3594
UNIVERSAL CORPORATION ANNOUNCES AGREEMENT TO ACQUIRE POLISH OPERATION
RICHMOND, VA, April 14, 1999 / PRNEWSWIRE
Henry H. Harrell, Chairman and Chief Executive Officer of
Universal Corporation, announced today that a subsidiary of Universal has
reached a preliminary agreement with Zaklady Premyslowy Tytoniu w Radiomu S.A.
("ZPTR") to acquire its tobacco purchasing and processing operations based in
Jedrzejow, Poland. ZPTR is a subsidiary of SEITA, an international tobacco
manufacturing and marketing company headquartered in France.
The operations to be acquired employ 170 people and will purchase
and process tobaccos for the domestic market in Poland, one of the largest
markets in Central Europe. The agreement also provides for the long-term supply
of tobaccos to ZPTR. The transaction is expected to be finalized upon the
approval of the Polish government.
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 welcome this opportunity to grow in this important
market and to enhance our relationship with SEITA."
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, 1998, were approximately $4.3 billion.
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