<PAGE> 1
SEC File Number
33-75224
--------
UNITED STATES CUSIP Number
SECURITIES AND EXCHANGE COMMISSION 53222A AA 6 and
Washington, D.C. 20549 53222A AA B4
================================================================================
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One) [ ]Form 10-K [ ]Form 20-F [ ]Form 11-K [X]Form 10-Q [ ]Form N-SAR
For Period Ended: March 31, 1998
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended:
---------------------------
READ ATTACHED INSTRUCTION SHEET BEFORE PREPARING FORM. PLEASE PRINT OR TYPE
Nothing in the form shall be construed to imply that the Commission has
verified any information contained herein.
If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates:
- --------------------------------------------------------------------------------
PART I - REGISTRANT INFORMATION
Full Name of Registrant LIGGETT GROUP INC.
- --------------------------------------------------------------------------------
Former Name if Applicable
Address of Principal Executive Office (STREET AND NUMBER) 100 SOUTHEAST SECOND
STREET
City, State and Zip Code MIAMI, FLORIDA 33131
Full Name of Registrant EVE HOLDINGS INC.
- --------------------------------------------------------------------------------
Former Name if Applicable
Address of Principal Executive Office (STREET AND NUMBER) 100 SOUTHEAST SECOND
STREET
City, State and Zip Code MIAMI, FLORIDA 33131
PART II - RULES 12b-25(b) and (c)
If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following
should be completed. (Check appropriate box)
[X] (a) The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or
expense;
<PAGE> 2
[X] (b) The subject annual report, semi-annual report, transition
report on Form 10-K, Form 20-F, 11-K, Form N-SAR, or portion
thereof, will be filed on or before the fifteenth calendar day
following the prescribed due date; or the subject quarterly
report or transition report on Form 10-Q, or portion thereof
will be filed on or before the fifth calendar day following
the prescribed due date; and
[ ] (c) The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached if applicable.
PART III - NARRATIVE
State below in reasonable detail the reasons why the Form 10-K, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period. (Attach Extra Sheets if Needed)
The Registrants could not obtain all the required information necessary to
complete their quarterly reports on Form 10-Q.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
JOSELYNN D. VAN SICLEN 305 579-8000
---------------------- --- --------
(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d) of
the Securities Exchange Act of 1934 or Section 30 of the Investment
Company Act of 1940 during the preceding 12 months or for such shorter
period that the registrant was required to file such report(s) been
filed? If the answer is no, identify report(s).
[X] Yes [ ] No
(3) Is it anticipated that any significant change in results of operations
from the corresponding period for the last fiscal year will be
reflected by the earnings statements to be included in the subject
report or portion thereof? [X] Yes [ ] No
If so, attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the reasons
why a reasonable estimate of the results cannot be made:
For the three (3) months ended March 31, 1998, Liggett will report
revenues of approximately $65.6 million and a net loss of approximately $0.5
million compared to revenues of approximately $66.3 million and a net loss of
approximately $1.1 million for the same period in 1997.
The decrease in revenues of $0.7 million at Liggett is due to the
decline in overall unit sales volume partially offset by the March 1997,
September 1997 and January 1998 list price increases.
LIGGETT GROUP INC.
(Name of Registrant as Specified in Charter)
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date May 15, 1998 By /s/ Samuel M. Veasey
------------ ----------------------------------------
Samuel M. Veasey
Senior Vice President,
Chief Financial Officer and Treasurer
EVE HOLDINGS INC.
(Name of Registrant as Specified in Charter)
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date May 15, 1998 By /s/ Joselynn D. Van Siclen
------------ ----------------------------------------
Joselynn D. Van Siclen
Vice President and Treasurer
