0000893220-01-500763.txt : 20011019 0000893220-01-500763.hdr.sgml : 20011019 ACCESSION NUMBER: 0000893220-01-500763 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20011015 ITEM INFORMATION: Other events FILED AS OF DATE: 20011016 FILER: COMPANY DATA: COMPANY CONFORMED NAME: UGI CORP /PA/ CENTRAL INDEX KEY: 0000884614 STANDARD INDUSTRIAL CLASSIFICATION: GAS & OTHER SERVICES COMBINED [4932] IRS NUMBER: 232668356 STATE OF INCORPORATION: PA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11071 FILM NUMBER: 1760001 BUSINESS ADDRESS: STREET 1: 460 N GULPH RD STREET 2: P O BOX 858 CITY: KING OF PRUSSIA STATE: PA ZIP: 19406 BUSINESS PHONE: 6103371000 MAIL ADDRESS: STREET 1: 460 NORTH GULPH ROAD CITY: KING OF PRUSSIA STATE: PA ZIP: 19406 FORMER COMPANY: FORMER CONFORMED NAME: NEW UGI CORP DATE OF NAME CHANGE: 19600201 8-K 1 w54017e8-k.txt FORM 8-K PERIOD ENDED OCTOBER 15, 2001 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 OCTOBER 15, 2001 (DATE OF REPORT) UGI CORPORATION (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) PENNSYLVANIA 1-11071 23-2668356 (STATE OR OTHER JURISDICTION OF INCORPORATION) (COMMISSION FILE NUMBER) (I.R.S. EMPLOYER IDENTIFICATION NO.)
460 N. GULPH ROAD KING OF PRUSSIA, PENNSYLVANIA 19406 (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE) (610) 337-1000 (REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE) UGI Corporation Form 8-K Page 2 October 15, 2001 ITEM 5. OTHER EVENTS On Monday, October 15, 2001, UGI Corporation issued a news release 1) concerning the decision to close its Hearth USA(R) retail stores and 2) providing an estimate of earnings per share for fiscal year 2001. The news release is included as an exhibit to this report and is incorporated here by reference. ITEM 7 FINANCIAL STATEMENTS AND EXHIBITS (c) Exhibits (99) News release by UGI Corporation dated October 15, 2001. SIGNATURES Pursuant to the requirements of Section 13 or 15(d) the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized UGI CORPORATION (REGISTRANT) By: /s/ Brendan P. Bovaird ------------------------ Brendan P. Bovaird Vice President and General Counsel Secretary, and Assistant Treasurer Date: October 15, 2001 EXHIBIT INDEX 99. Text of press release issued by UGI Corporation on October 15, 2001. EX-99 3 w54017ex99.txt NEWS RELEASE Exhibit 99 Contact: Robert W. Krick For Release: Immediate 610-337-1000, Ext. 3141 October 15, 2001 UGI CLOSING HEARTH UNIT; EXPECTS TO MEET FY2001 RANGE OF ESTIMATES VALLEY FORGE, Pa., Oct. 15 -- UGI Corporation (NYSE:UGI) today announced that it is closing Hearth USA, its two store pilot hearth products retail unit. As a result of the shutdown, expected to be completed by the end of October, UGI said it would take a one-time after-tax charge to net income of approximately $5,500,000, or $0.20 per share in the quarter ended September 30, 2001. UGI also announced it expects its earnings for its fiscal year ended September 30, 2001 to be within the range of analysts' estimates at approximately $2.05 a share, excluding the beneficial cumulative effects of accounting changes of $0.16 previously disclosed and the $0.20 charge related to the Hearth USA closing. The Company plans to report on the detailed results of its business segments for fiscal year 2001 on November 20, 2001 as previously scheduled. UGI is a holding company with propane marketing, utility and energy marketing subsidiaries. Through subsidiaries, UGI owns 53% of AmeriGas Partners, L.P., the nation's largest retail propane marketer. Comprehensive information about UGI Corporation is available on the World Wide Web at HTTP://WWW.UGICORP.COM. This press release contains certain forward-looking statements which management believes to be reasonable as of today's date only. Actual results may differ significantly because of risks and uncertainties which are difficult to predict and many of which are beyond management's control. You should read UGI's Annual Report for a more extensive list of factors that could affect results. Among them are adverse weather conditions, price volatility and availability of all energy products, including propane, natural gas, electricity and fuel oil. UGI undertakes no obligation to release revisions to its forward-looking statements to reflect events or circumstances occurring after today. C-10