-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, O2kNO7rB2aLW6/8MjU18IzJaehe/Ct5f8juXKd1SVjU+5nG76I+6U4DXOgzlitvX 9VFtxnxe6btYwzbzOuBTag== 0000950129-04-007893.txt : 20041020 0000950129-04-007893.hdr.sgml : 20041020 20041020122853 ACCESSION NUMBER: 0000950129-04-007893 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20041019 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20041020 DATE AS OF CHANGE: 20041020 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MERCURY AIR GROUP INC CENTRAL INDEX KEY: 0000052532 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-PETROLEUM & PETROLEUM PRODUCTS (NO BULK STATIONS) [5172] IRS NUMBER: 111800515 STATE OF INCORPORATION: NY FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07134 FILM NUMBER: 041086964 BUSINESS ADDRESS: STREET 1: 5456 MCCONNELL AVE CITY: LOS ANGELES STATE: CA ZIP: 90066 BUSINESS PHONE: 3106462994 FORMER COMPANY: FORMER CONFORMED NAME: IPM TECHNOLOGY INC DATE OF NAME CHANGE: 19891225 FORMER COMPANY: FORMER CONFORMED NAME: IDEAL PRECISION METER CO INC DATE OF NAME CHANGE: 19690911 FORMER COMPANY: FORMER CONFORMED NAME: PRECISION METER CO INC DATE OF NAME CHANGE: 19670906 8-K 1 a02516e8vk.htm MERCURY AIR GROUP, INC. - DATED 10/19/2004 e8vk
Table of Contents



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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) October 19, 2004


Mercury Air Group, Inc.


(Exact name of registrant as specified in its charter)
         
Delaware   1-7134   11-1800515

 
 
 
 
 
(State or other jurisdiction of
incorporation)
  (Commission File Number)   (IRS Employer Identification No.)
     
5456 McConnell Avenue, Los Angeles, California   90066

 
 
 
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code (310) 827-2737


Not Applicable


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

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 (17 CFR 230.425)
 
   
[  ]
  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
   
[  ]
  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
   
[  ]
  Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c))



 


INFORMATION TO BE INCLUDED IN THE REPORT

Item 8.01. Other Events
Item 9.01. Financial Statements and Exhibits.
SIGNATURES
EXHIBIT INDEX
Exhibit 99.1


Table of Contents

Item 8.01. Other Events

                    On October 19, 2004 Mercury Air Group, Inc., ( the “Company”) issued a press release announcing that based on the 3,056,355 shares of common stock outstanding on the record date for the contingent one-time special cash dividend of $17.5 million, the cash dividend per share of common stock will be $5.70. Under the American Stock exchange rules for this type of dividend, even though the record date is October 18, 2004 the shares of common stock will not trade ex-dividend until November 8, 2004, the first trading date after the dividend is paid. The payment of this one-time special dividend is contingent upon the execution of an amendment to a loan agreement prior to the payment of the dividend. The press release is incorporated herein to this Form 8-K by reference and a copy of this press release is attached hereto as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

                     (c)        Exhibits.

     
Exhibit    
Number
   
99.1
  Press Release of Mercury Air Group, Inc., dated October 19, 2004.

 


Table of Contents

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.
         
  MERCURY AIR GROUP, INC.

(Registrant)
 
 
Date October 20, 2004 
By:   /S/ Robert Schlax    
    Robert Schlax   
    Vice President of Finance and
Chief Financial Officer 
 
 

 


Table of Contents

EXHIBIT INDEX

     
Exhibit    
Number
  Exhibit Description
99.1
  Press Release of Mercury Air Group, Inc., dated October 19, 2004.

 

EX-99.1 2 a02516exv99w1.htm EXHIBIT 99.1 exv99w1
 

Exhibit 99.1

Mercury Air Group, Inc. Announces Amount of Contingent One Time Special
Dividend per Common Share

LOS ANGELES, Oct. 19— Mercury Air Group, Inc. (Amex: MAX) In connection with Mercury Air Group, Inc.’s contingent one-time special cash dividend of $17.5 million, the Company has announced that based on 3,056,355 shares of its common stock outstanding as of the close of business on October 18, 2004, the dividend payable per common share will be $5.70. The amount payable per share of common stock is net of the mandatory dividend payments of approximately $70,000 on the Company’s outstanding Series A 8% Cumulative Convertible Preferred Stock (the “Preferred Stock”) as of the scheduled dividend payment date of November 5, 2004. Under American Stock Exchange rules for this type of dividend, even though the record date is October 18, 2004 the shares of common stock will not trade ex-dividend until November 8, 2004, the first trading date after the dividend is paid.

The payment of this one-time special dividend is contingent upon the execution of an amendment to a loan agreement prior to the payment of the dividend. The Company believes the proposed amendments will be agreed to and finalized but cannot assure such amendment will be successfully consummated. If the Company and its lender do not agree to the amended terms and conditions of the loan agreement, the Company reserves the right to cancel or delay the payment of the dividend, to delay the record date for payment, and to revise the amount payable per share of common stock.

About Mercury Air Group

Los Angeles-based Mercury Air Group (Amex: MAX) provides aviation petroleum products, air cargo services and transportation, and support services for international and domestic commercial airlines, general and government aircraft and specialized contract services for the United States government. Mercury Air Group operates three business segments worldwide: MercFuel, Inc., Maytag Aircraft Corporation and Mercury Air Cargo, Inc. For more information, please visit www.mercuryairgroup.com.

Statements contained in this news release, which are not historical facts, are forward looking statements as that item is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from estimated results. Such risks and uncertainties are detailed in the Company’s filings with the Securities and Exchange Commission.

-----END PRIVACY-ENHANCED MESSAGE-----