BONTEX INC
8-K, 1998-07-24
CONVERTED PAPER & PAPERBOARD PRODS (NO CONTANERS/BOXES)
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                       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 (Date of Earliest Event Reported): July 24, 1998


                                  BONTEX, INC.
             (Exact name of Registrant as specified in its charter)


     Virginia                     0-5200                    22-1427551
     (State or other              (Commission               (IRS Employer
     jurisdiction of              File Number)              Identification No.)
     incorporation)

     
                                One Bontex Drive
                        Buena Vista, Virginia 24416-1500
               (Address of principal executive offices) (Zip Code)


       Registrant's telephone number, including area code: (540) 261-2181

- --------------------------------------------------------------------------------
          (Former name or former address, if changed since last report)


                                      - 1 -


<PAGE>



        Item 5.        Other Events.

        Bontex, Inc. has announced that its common stock has been approved for
listing on the Nasdaq SmallCap Market, effective with the opening of business on
July 24, 1998, under the symbol "BOTX."

        Bontex common stock previously traded on the Nasdaq  National Market,
which recently adopted new public float requirements, with which the Company's
common stock does not comply.  As a result, Bontex has transferred its common
stock listing to the Nasdaq SmallCap Market.  Although the Company does not
anticipate any problems, there can be no assurance that the removal of Bontex
common stock from the Nasdaq National Market or the relisting of the common
stock on the Nasdaq SmallCap Market will not affect the trading and price of
Bontex common stock.

        Bontex is a leading global manufacturer of elastomeric wet web
impregnated fiberboard products used by the footwear, headwear, luggage,
leathergoods, and automotive industries.  The Company maintains corporate
headquarters and manufacturing facilities at Bontex, Inc., USA, One Bontex
Drive, Buena Vista, Virginia, and at Bontex SA, Stembert, Belgium; a 
distribution and converting facility at Bontex Italia, Verona, Italy; and 
distribution subsidiaries, Bontex de Mexico, SA de CV, in Leon, Mexico, and 
Bontex Hong Kong in Hong Kong.  Bontex also maintains a network of liaison 
offices and distributors globally to market Bontex products.




                                      - 2 -

<PAGE>


                                   SIGNATURES


        Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.


                                            BONTEX, INC.



                                           By s/David A. Dugan
                                              ---------------------------------
                                                   David A. Dugan
                                                   Assistant Corporate Secretary

Date: July 24, 1998

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