-----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, JxiQrjIhRhFnZzwj0NIjiM7im0qGUhTFfFpLVI4pCqi3wQmnSRvl686iTCUFi7pA pCrbzWjO1IPze5ltzCJqFw== 0001157523-09-006505.txt : 20090916 0001157523-09-006505.hdr.sgml : 20090916 20090916155439 ACCESSION NUMBER: 0001157523-09-006505 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090916 ITEM INFORMATION: Other Events FILED AS OF DATE: 20090916 DATE AS OF CHANGE: 20090916 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ARK RESTAURANTS CORP CENTRAL INDEX KEY: 0000779544 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 133156768 STATE OF INCORPORATION: NY FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09453 FILM NUMBER: 091072148 BUSINESS ADDRESS: STREET 1: 85 FIFTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10003-3019 BUSINESS PHONE: 2122068800 MAIL ADDRESS: STREET 1: 85 FIFTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10003-3019 8-K 1 a6051853.htm ARK RESTAURANTS CORP. 8-K

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): September 16, 2009

ARK RESTAURANTS CORP.
(Exact name of registrant as specified in its charter)

Commission file number 1-09453


New York

 

13-3156768

(State or other jurisdiction of
incorporation or organization)

 

(I.R.S. Employer
Identification No.)


85 Fifth Avenue
New York, NY 10003

(Address of principal executive offices, with zip code)


(212) 206-8800
(Registrant's telephone number, including area code)


N/A
(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))


Item 8.01 - Other Events.

The information in this Current Report is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act"), or otherwise subject to the liabilities of that Section. The information in this Current Report shall not be incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

On September 16, 2009, Ark Restaurants Corp. issued a press release entitled "Ark Restaurants Declares Special Dividend and Resumption of Regular Quarterly Dividend" a copy of which is furnished herewith as Exhibit 99.1 to this Current Report on Form 8-K.


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.


ARK RESTAURANT CORP.

 

 

 

 

By:

/s/ Michael Weinstein

Chief Executive Officer

 
 
 

Date:

September 16, 2009


INDEX TO EXHIBITS

Exhibit

Description

99.1

Press Release dated September 16, 2009 titled "Ark Restaurants Declares Special Dividend and Resumption of Regular Quarterly Dividend."

EX-99.1 2 a6051853ex99_1.htm EXHIBIT 99.1

Exhibit 99.1

Ark Restaurants Declares Special Dividend and Resumption of Regular Quarterly Dividend

NEW YORK--(BUSINESS WIRE)--September 16, 2009--Ark Restaurants Corp. (NASDAQ:ARKR) announced today that the Board of Directors declared a $1.00 special dividend and will resume paying a regular quarterly dividend in the amount of $0.25 per share beginning with the first quarter of the Company’s upcoming fiscal year.

Michael Weinstein, the Company’s Chairman and Chief Executive Officer, stated that “it has been the policy of our Company to return excess cash to shareholders as long as this policy is consistent with maintaining a strong balance sheet for current and future business needs. We invoked a very conservative approach last year and suspended paying dividends because of uncertainty as to how the Company would perform in a difficult economic and financial environment. The Company’s experience over the last year gives us comfort that a special dividend along with the resumption of a regular quarterly dividend, beginning with the first quarter of the Company’s upcoming fiscal year, is a reasonable approach and retains sufficient liquidity to take advantage of opportunities that may be presented.”

The Company’s Board of Directors, therefore, declared a special dividend of $1.00 per share on the Company's common stock to be paid on October 16, 2009 to shareholders of record at the close of business on October 2, 2009.

Ark Restaurants owns and operates 20 restaurants and bars, 30 fast food concepts, catering operations and wholesale and retail bakeries. Seven restaurants are located in New York City, four are located in Washington, D.C., five are located in Las Vegas, Nevada, two are located in Atlantic City, New Jersey, one is located at the Foxwoods Resort Casino in Ledyard, Connecticut and one is located in Boston, Massachusetts. The Las Vegas operations include three restaurants within the New York-New York Hotel & Casino Resort and operation of the hotel's room service, banquet facilities, employee dining room and nine food court concepts; one bar within the Venetian Casino Resort as well as three food court concepts. The Florida operations under management include five fast food facilities in Tampa, Florida and seven fast food facilities in Hollywood, Florida, each at a Hard Rock Hotel and Casino operated by the Seminole Indian Tribe at these locations. In Atlantic City, New Jersey, the Company operates a restaurant and a bar in the Resorts Atlantic City Hotel and Casino. In Boston, Massachusetts, the Company operates a restaurant in the Faneuil Hall Marketplace.

Except for historical information, this news release contains forward-looking statements, which involve unknown risks, and uncertainties that may cause the Company's actual results or outcomes to be materially different from those anticipated and discussed herein. Important factors that might cause such differences are discussed in the Company's fillings with the Securities and Exchange Commission. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT:
Ark Restaurants Corp.
Robert Towers, 212-206-8800
bob@arkrestaurants.com

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