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).
March 7, 1995
Plymouth Rubber Company, Inc.
(Exact name of registrant as specified in its charter)
Massachusetts 1-5197 04-1733970
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
104 Revere Street, Canton, Massachusetts 02021
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, including area code: (617) 828-0220
<PAGE> 2
Item 5. Other Event
On March 7, 1995, the Registrant declared a 10% stock dividend on
both Class A (voting) and Class B (non-voting) common stock. The
dividend will be paid in Class B shares on May 23, 1995 to
shareholders of record as of March 24, 1995. Cash will be paid in
lieu of fractional shares using the closing price of Class B common
stock on March 6, 1995.
<PAGE> 3
Item 7. Financial Statements, Proforma Financial Information and
Exhibits
(a) Financial Statements of businesses acquired:
Not Applicable
(b) Proforma Financial Information:
Not Applicable
(c) Exhibits:
Exhibits required as part of this report as listed in
the Index to Exhibits appearing on Page 5.
<PAGE> 4
SIGNATURES
Pursuant to the provisions 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.
PLYMOUTH RUBBER COMPANY, INC.
(Registrant)
Date: March 15, 1995 By Maurice J. Hamilburg
Maurice J. Hamilburg
President and Chief Executive Officer
<PAGE> 5
INDEX TO EXHIBITS
Exhibit No. Description
(1) Not Applicable
(2) Not Applicable
(4) Not Applicable
(16) Not Applicable
(17) Not Applicable
(20) Press Release announcing stock dividend
dated March 7, 1995.
(23) Not Applicable
(24) Not Applicable
(27) Not Applicable
(99) Not Applicable
FOR IMMEDIATE RELEASE
Contact: Duane E. Wheeler
Vice President - Finance
and Treasurer
(617) 828-0220 Ext. 1375
Plymouth Rubber Company, Inc. Announces Stock Dividend
Canton, Massachusetts (March 7, 1995) -- Plymouth Rubber Company,
Inc. (AMEX:PLR.A, PLR.B) today announced that its Board of Directors
declared a 10% stock dividend on both Class A (voting) and Class B
(non-voting) common stock. The dividend will be paid in Class B
shares on May 23, 1995 to shareholders of record as of March 24,
1995.
"Plymouth Rubber's business outlook is encouraging," said Maurice
Hamilburg, the Company's President and Chief Executive Officer, "and
we believe that this stock dividend will help broaden our
shareholder base and increase share liquidity. This action is part
of a comprehensive effort to increase investor awareness of Plymouth
Rubber."
"Fiscal 1994, which ended last November, was the third consecutive
year of increasing profits from continuing operations," Mr.
Hamilburg noted. "Following this, the award in the first quarter of
fiscal 1995 of a three-year contract to be the sole worldwide source
of automotive electrical harness tape to the Packard Electric
Division of General Motors was a strong vote of confidence in our
company."
Shareholders had authorized an additional two million shares of
Class B stock at the Company's annual meeting last spring. After
the share distribution, there will be 810,586 shares of Class A and
approximately 1,004,802 shares of Class B common stock outstanding.
Plymouth Rubber Company, Inc., manufactures and distributes rubber
and vinyl products, including insulating tapes, automotive tapes,
and other industrial tapes and films. The Company's products are
used by the electrical supply industry, electric utilities, and
automotive and other original equipment manufacturers.
