SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13A-16 OR 15D-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
Information furnished as at September 28, 2000
Intertek Testing Services Limited
(REGISTRANT)
25 Savile Row
London, W1X 1AA
England
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICE)
(Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F)
Form 20-F |X| Form 40-F
(Indicate by check mark whether the registrant by furnishing the information
contained in this form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934)
Yes No |X|
Schedule of Information contained in this report
Press Release dated September 28, 2000
<PAGE>
PRESS RELEASE
RECOVERY OF NIGERIAN DEBT
On August 23, 2000, ITS received (pound)1.3 million in respect of the
pre-shipment inspection programme reintroduced by the Government of Nigeria in
September 1999. This payment was in respect of inspections carried out between
February 2000 and April 2000. The outstanding debt under this new programme is
approximately (pound)1.5 million.
ITS has received a payment of approximately (pound)9.0 million that relates to
the pre-shipment inspection programme that was cancelled by the Nigerian
Government on March 31, 1999 (the `old programme'). It settles the debt for the
period October 1998 to January 1999.
Payment in respect of the old programme has been made locally in Nigeria. ITS
expects to remit funds to the UK within the next two weeks. Once funds are
received in the UK ITS will be able to refund deposits to those exporters who
paid a deposit and where the corresponding certificate was issued before
January 31, 1999.
After this payment, the outstanding debt owed to ITS by the Government of
Nigeria under the old programme will be approximately (pound)4.8 million.
Discussions are continuing with the Nigerian Government regarding payment of the
remaining debt.
BILL SPENCER RICHARD NELSON
FINANCE DIRECTOR CHAIRMAN & CEO
TEL NO: +44 20 7396 3400 TEL NO: +44 20 7396 3400
SEPTEMBER 28, 2000
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant certifies that it meets all of the requirements for filing on Form
6-K and has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorised.
INTERTEK TESTING SERVICES LIMITED
(Registrant)
By: /s/ WILLIAM SPENCER
--------------------
Name: William Spencer
Title: Director
Date: September 28, 2000
