Katy Industries Form 8-K 12/5/05

0000054681-05-000011.txt : 20051206 0000054681-05-000011.hdr.sgml : 20051206 20051206100541 ACCESSION NUMBER: 0000054681-05-000011 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20051205 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20051206 DATE AS OF CHANGE: 20051206 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KATY INDUSTRIES INC CENTRAL INDEX KEY: 0000054681 STANDARD INDUSTRIAL CLASSIFICATION: SPECIAL INDUSTRY MACHINERY, NEC [3559] IRS NUMBER: 751277589 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05558 FILM NUMBER: 051245994 BUSINESS ADDRESS: STREET 1: 765 STRAITS TURNPIKE STREET 2: SUITE 2000 CITY: MIDDLEBURY STATE: CT ZIP: 06762 BUSINESS PHONE: 2035980397 MAIL ADDRESS: STREET 1: 765 STRAITS TURNPIKE STREET 2: SUITE 2000 CITY: MIDDLEBURY STATE: CT ZIP: 06762 8-K 1 form8-k.htm KATY INDUSTRIES FORM 8-K 12/5/05 Katy Industries Form 8-K 12/5/05

UNITED STATES

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): December 5, 2005

Katy Industries, Inc.

(Exact name of registrant as specified in its charter)

Delaware	001-05558	75--1277589
(State of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

765 Straits Turnpike

Middlebury, Connecticut 06762

(Address of principal executive offices) (Zip Code)

(203) 598-0397

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

Item 8.01 Other Events

On December 5, 2005, Katy Industries, Inc. issued a press release announcing the resumption of a share repurchase program A copy of the press release is being filed as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits

Number	Exhibit
99.1	Katy Industries, Inc. press release issued December 5, 2005.

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.

KATY INDUSTRIES, INC.

(Registrant)

By: /s/ Amir Rosenthal

Amir Rosenthal

Vice President, Chief Financial Officer,

General Counsel and Secretary

Date: December 6, 2005

Exhibits

Exhibit No. Description

99.1 Press release issued by Katy Industries, Inc. on December 5, 2005.

EX-99.1 2 pressrelease.htm KATY INDUSTRIES PRESS RELEASE 12/5/05 Katy Industries Press Release 12/5/05

KATY NEWS

FOR IMMEDIATE RELEASE

KATY INDUSTRIES, INC. RESUMES

SHARE REPURCHASE PROGRAM

MIDDLEBURY, CT - December 5, 2005 - Katy Industries, Inc. (NYSE: KT) today announced that it has resumed its $5.0 million share repurchase plan, which the company previously suspended in May 2004. From the inception of the plan in April 2003 until the May 2004 suspension, Katy has purchased 494,800 shares of common stock on the open market for approximately $2.6 million.

“We believe that the repurchase of our shares is an appealing investment at current share prices and a sensible use of the company’s resources,” said Anthony T. Castor III, Katy Industries’ President and Chief Executive Officer.

Under the plan, the company may conduct its purchases in the open market or through privately negotiated transactions from time to time in compliance with the Securities and Exchange Commission’s regulations, subject to market conditions and other factors. The repurchase plan does not require Katy to acquire any specific number of shares of its common stock and may be terminated at any time.

This press release may contain various forward-looking statements. The forward-looking statements are based on the beliefs of the company’s management, as well as assumptions made by, and information currently available to, the company’s management. Additionally, the forward-looking statements are based on Katy’s current expectations and projections about future events and trends affecting the financial condition of its business. The forward-looking statements are subject to risks and uncertainties, detailed from time to time in Katy’s filings with the SEC, which may lead to results that differ materially from those expressed in any forward-looking statement made by the company or on its behalf. Katy undertakes no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Katy Industries, Inc. is a diversified corporation with interests primarily in Electrical Products and Maintenance Products.

Company contact:

Katy Industries, Inc.

Amir Rosenthal

(203) 598-0397