UNITED STATES
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)
July 28, 2005
KI Holdings Inc.
(Exact name of registrant as specified in its charter)
| Pennsylvania | 333-122810 | 20-1878963 | ||
| (State or other jurisdiction of incorporation) |
(Commission File Number) | (IRS Employer Identification No.) |
| 436 Seventh Avenue Pittsburgh, Pennsylvania | 15219 | |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code 412-227-2001
(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 (see General Instruction A.2. below):
| ¨ | 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
On August 1, 2005 we issued a press release announcing the declaration of a $35 million dividend to common and preferred stockholders. The press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference herein.
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: August 1, 2005
| KI Holdings Inc. | ||
| By: |
/s/ Walter W. Turner | |
| Walter W. Turner | ||
| Chief Executive Officer | ||
EXHIBIT INDEX
| Exhibit No. |
Description | |
| 99.1 | Press Release, dated August 1, 2005 |
Exhibit 99.1
|
News Release |
KI Holdings Inc. 436 Seventh Avenue Pittsburgh, PA 15219-1800 412-227-2001 www.koppers.com |
FOR IMMEDIATE RELEASE
| For Information: |
Brian H. McCurrie, Vice President, Chief Financial Officer | |
| 412.227.2153 | ||
| mccurriebh@koppers.com |
KI Holdings Inc. Declares Dividend
PITTSBURGH, Pa., August 1, 2005 – On July 28, the Board of Directors of KI Holdings Inc. declared a dividend of $35 million with respect to its Common and Preferred Stock. The dividend will be paid on or about August 5, 2005 to shareholders of record as of the close of business on August 1, 2005.
The sources of funds include cash on hand plus a $13 million dividend to be received from Koppers Inc., a wholly owned subsidiary of KI Holdings Inc.
About KI Holdings Inc.
KI Holdings Inc. is the parent corporation of Koppers Inc., a global integrated producer of carbon compounds and treated wood products. Including its joint ventures, Koppers operates 38 facilities in the United States, United Kingdom, Denmark, Australia, China, the Pacific Rim and South Africa. The stock of KI Holdings Inc. is owned by a number of employee investors and by majority equity owner Saratoga Partners of New York, NY.
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