-----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, OeW1wS2LDsJ8fzabn+CX52LjL+6VMtKP1G83vddy8aRt48WBOyyOzN7HNuJJ3WcN i0+g9lxIf8bJQp9/sapeHA== 0000950152-02-009571.txt : 20021223 0000950152-02-009571.hdr.sgml : 20021223 20021223145756 ACCESSION NUMBER: 0000950152-02-009571 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20021223 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20021223 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LANCASTER COLONY CORP CENTRAL INDEX KEY: 0000057515 STANDARD INDUSTRIAL CLASSIFICATION: CANNED, FROZEN & PRESERVED FRUIT, VEG & FOOD SPECIALTIES [2030] IRS NUMBER: 131955943 STATE OF INCORPORATION: OH FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-04065 FILM NUMBER: 02866740 BUSINESS ADDRESS: STREET 1: 37 W BROAD ST CITY: COLUMBUS STATE: OH ZIP: 43215 BUSINESS PHONE: 6142247141 8-K 1 l97944ae8vk.txt LANCASTER COLONY FORM 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549-1004 --------------------- FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 DATE OF REPORT: DECEMBER 23, 2002 (Date Of Earliest Event Reported) LANCASTER COLONY CORPORATION (Exact name of registrant as specified in its charter) OHIO 0-4065-1 13-1955943 (State or other jurisdiction of (Commission (I.R.S. Employer incorporation or organization) File Number) Identification No.) 37 WEST BROAD STREET 43215 COLUMBUS, OHIO (Zip Code) (Address of principal executive offices) 614-224-7141 (Registrant's telephone number, including area code) NONE (Former name or former address, if changed since last report.) ITEM 5. OTHER EVENTS On December 23, 2002, Lancaster Colony Corporation announced that it has been notified by the U.S. Customs Service that the company will receive a payment of approximately $39 million under the Continued Dumping and Subsidy Offset Act of 2000. A copy of the press release is attached to this Form 8-K as Exhibit 99.3 and is incorporated herein by reference. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS (c) Exhibits: 99.3 Press Release dated December 23, 2002, filed herewith. 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 thereunto duly authorized. LANCASTER COLONY CORPORATION (REGISTRANT) Date: December 23, 2002 By: /s/JOHN L. BOYLAN ----------------- ------------------------------ John L. Boylan Treasurer, Vice President, Assistant Secretary and Chief Financial Officer (Principal Financial and Accounting Officer) INDEX TO EXHIBITS EXHIBIT NUMBER DESCRIPTION LOCATED AT - ------ ----------- ---------- 99.3 Press Release dated December 23, 2002............. Filed herewith EX-99.3 3 l97944aexv99w3.txt EXHIBIT 99.3 LANCASTER COLONY FORM 8-K EXHIBIT 99.3 FOR IMMEDIATE RELEASE SYMBOL: LANC Monday, December 23, 2002 TRADED: Nasdaq LANCASTER COLONY ANNOUNCES PAYMENT TO BE RECEIVED UNDER UNFAIR TRADE LAW COLUMBUS, Ohio, Dec. 23 -- Lancaster Colony Corporation (Nasdaq: LANC) announced today that it has been notified by the U.S. Customs Service that the company will receive a payment of approximately $39 million under the Continued Dumping and Subsidy Offset Act of 2000 (CDSOA). This law requires the distribution of certain moneys assessed by the Customs Service to eligible affected companies for qualifying expenditures made in the past. It is anticipated that these funds will be mailed to recipients by the U.S. Treasury Department within the next two weeks. John B. Gerlach, Jr., chairman and chief executive officer of Lancaster Colony, stated "The CDSOA payment, which relates to the company's candle operations, results from the company's longstanding commitment to investing in its facilities, its technology and its people." The company also announced that it is aware that another candle manufacturer has legal proceedings pending against the Customs Service and claims a right to share in the total proceeds payable to candle manufacturers pursuant to the provisions of CDSOA. The company has been informed that the Customs Service, which denied the claim originally, is defending its position before the court. If resolved in favor of the claimant, it might become asserted that the payments that have been made and announced to Lancaster Colony could be reduced by an undetermined amount through either smaller future distributions or as refunds to the Customs Service. Based on the currently known facts and consistent with the prior year's accounting classification, it is anticipated that the company will record the CDSOA remittance as Other Income during the quarter ended December 31, 2002. Lancaster Colony Corporation is a diversified manufacturer and marketer of consumer products including Specialty Foods for the retail and foodservice markets; Glassware and Candles for the retail, industrial, floral and foodservice markets; and Automotive products for the original equipment market and aftermarket. This news release contains forward-looking statements related to future growth and earnings opportunities. Such statements are based upon certain assumptions and assessments made by management of the company in light of its experience and perception of historical trends, current conditions, expected future developments and other factors it believes to be appropriate. Actual results may differ as a result of factors over which the company has no control including the MORE . . . PAGE 2 / LANCASTER COLONY ANNOUNCES UNFAIR TRADE PAYMENT TO BE RECEIVED strength of the economy, slower than anticipated sales growth, the extent of operational efficiencies achieved, the success of new product introductions, price and product competition, and increases in raw materials costs. Management believes these forward-looking statements to be reasonable; however, undue reliance should not be placed on such statements, which are based on current expectations. The company undertakes no obligation to publicly update such forward-looking statements. More detailed statements regarding significant events which could affect the company's financial results are included in the company's Forms 10-K and 10-Q filed with the Securities and Exchange Commission. #### FOR FURTHER INFORMATION: Investor Relations Consultants, Inc. Phone: 727/781-5577 E-mail: lanc@mindspring.com -----END PRIVACY-ENHANCED MESSAGE-----