-----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, LV4kLZJyn49p/REMgtyHH9FfA7XscHrf+h+K+0gNcqIPaT2Mm+8U52OXe9eghQzl yQNpiU0TAg+EXhmkWFcXQA== 0000891020-98-001030.txt : 19980624 0000891020-98-001030.hdr.sgml : 19980624 ACCESSION NUMBER: 0000891020-98-001030 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19980622 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19980623 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: LOEWEN GROUP INC CENTRAL INDEX KEY: 0000845577 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PERSONAL SERVICES [7200] IRS NUMBER: 980121376 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-12163 FILM NUMBER: 98652415 BUSINESS ADDRESS: STREET 1: 4126 NORLAND AVE CITY: BURNABY BC CANADA V5 STATE: A1 ZIP: V5G 3S8 BUSINESS PHONE: 6042999321 MAIL ADDRESS: STREET 1: 4126 NORLAND AVE STREET 2: BRITISH COLUMIA CITY: BURNABY V5G 3S8 STATE: A1 8-K 1 FORM 8-K 1 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) June 22, 1998 THE LOEWEN GROUP INC. (Exact name of registrant as specified in its charter) British Columbia, Canada 0-18429 98-0121376 (State or other jurisdiction of (Commission File Number) (IRS Employer Identification No.) incorporation) 4126 Norland Avenue, Burnaby, British Columbia V5G 3S8 (Address of principal executive offices) (zip code)
Registrant's telephone number, including area code 604-299-9321 N/A (Former name or former address, if changed since last report) Exhibit Index is on page 3 Page 1 of 4 2 ITEM 5. OTHER EVENTS. Pursuant to Form 8-K, General Instructions F, registrant hereby incorporates by reference the press release attached hereto as Exhibit 99. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
Exhibit No. Description ----------- ----------- Exhibit 99 The Loewen Group Inc. Press Release dated June 22, 1998
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. Dated: June 22, 1998 THE LOEWEN GROUP INC. By: /s/ BRADLEY D. STAM ------------------------------------ Name: Bradley D. Stam Title: Senior Vice President, Law 3 EXHIBIT INDEX
Sequential Number Exhibit Page Number - ------ ------- ----------- 99 The Loewen Group Inc. 4 Press Release dated June 22, 1998
EX-99 2 PRESS RELEASE DATED JUNE 22, 1998 1 THE LOEWEN GROUP INC. - --------------------------------------- (NYSE, TSE, ME: LWN) NEWS Investor Contact: Media Contact: Chris Hunter, Director, Investor Relations Dave Laundy, Vice The Loewen Group Inc. President Tel: (800) 347-7010 Corp. Communications Tel: (604) 293-7857 FOR IMMEDIATE RELEASE LOEWEN GROUP ANNOUNCES CONSOLIDATION OF OPERATIONAL AND ADMINISTRATIVE FUNCTIONS VANCOUVER, BC, June 22, 1998 --In a further initiative to strengthen the company's competitive position and enhance margins, The Loewen Group Inc. today announced it will consolidate in the company's Vancouver headquarters operational and administrative functions currently performed at its Philadelphia office. The move is expected to result in significant efficiencies and cost savings through elimination of duplications. Larry Miller, Executive Vice President, Operations, has decided for family and personal reasons to decline the opportunity to relocate to the Vancouver office from his base in Philadelphia. Mr. Miller's responsibilities will be assumed by other executives. However, he will remain as a director of the company and a personal advisor to Chairman and Chief Executive Officer Ray Loewen. "Larry Miller has been one of the greatest entrepreneurial leaders in our industry. We expect to benefit substantially from his continued active role in our company," said Mr. Loewen. "The company will continue to expand and strengthen senior management to accommodate its rapid growth," said Mr. Loewen. "In addition, Loewen's four regional presidents and two regional vice-presidents will assume increased responsibility for day-to-day operations. The company's executive committee will continue to focus on ways to streamline operations, reduce costs and provide the highest quality service to client families." These changes will affect approximately half of the 300 employees located in Loewen's Philadelphia office. "This is one further step in our program to improve profitability and enhance long term shareholder value," said Chief Financial Officer Paul Wagler. "We are determined to become the best managed company in our industry." The Loewen Group Inc. is the second largest and fastest growing funeral home and cemetery operator in North America in terms of revenues and assets. The company employs approximately 16,000 people and owns or operates more than 1,100 funeral homes and over 500 cemeteries in the United States, Canada and the United Kingdom. Over 90 per cent of the company's revenue is derived from the United States. Note: Certain of the statements contained in this press release, including, but not limited to, information regarding the future economic performance and financial condition of the company, the plans and objectives of the company's management, and the company's assumptions regarding such performance and plans, are forward-looking in nature. Additional information concerning important factors that could cause actual results to differ from the forward-looking information contained in this release is included in the company's publicly-filed quarterly and annual reports. The Loewen Group's website is located at http://www.loewengroup.com - 30 - -----END PRIVACY-ENHANCED MESSAGE-----