SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 or 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of August, 2001
Enodis plc
Washington House, 40-41 Conduit Street
London, W1S 2YQ, United Kingdom
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Form 20-F: X Form 40-F:
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Indicate by check mark whether the registrant by furnishing the
information contained in this form is also thereby furnishing the information to
the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.
Yes: No: X
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On August 21, 2001, the Registrant distributed the following press
release:
ENODIS PLC ANNOUNCES REVIEW OF OPTIONS
LONDON, August 21, 2001 -- Enodis PLC (London: ENO; NYSE: ENO), On April 23,
2001, the Board of Enodis announced that it would conduct a full review of its
options in order to determine the most appropriate way to restore shareholder
value and reduce debt. Since then Enodis has completed the sale of its Building
and Consumer Products Division for 134 million pounds sterling, strengthening
its financial position and enabling the Group to focus solely on its core
commercial food equipment business.
As part of its wide-ranging review, the Board explored approaches it
had received from parties with a possible interest in making an offer for the
company and conducted, with its financial advisors, an extensive and thorough
process to determine whether any third party's proposal properly reflects the
value of Enodis' portfolio of market leading businesses.
Whilst the process has confirmed the strength of the Group's businesses
and brands, especially in North America, the Board, which has taken account of
the views of its major shareholders, has concluded that the interests of
shareholders will best be served through Enodis continuing as an independent
company and implementing its current recovery programme.
In the period since the announcement of Enodis' interim results on May
24, 2001, trading has been in line with the Board's expectations at that time.
The benefits of the cost-saving programme are being delivered as anticipated.
The Board of Enodis is committed to maintaining strong relationships
with customers, dealers, distributors and employees that are central to the
future development of the business and the creation of shareholder value. A
year-end trading update is planned for the second half of September.
This press release contains "forward-looking statements," within the
meaning of the U.S. federal securities laws, that represent the Company's
expectations or beliefs regarding future events, based on currently available
information, including statements concerning its anticipated performance and
plans. These statements by their nature involve substantial risks and
uncertainties, many of which are beyond the Company's control. The Company's
actual results could differ materially from those expressed in the
forward-looking statements due to a variety of important factors. Factors that
could cause the Company's results to differ materially from its expectations
include: the Company's susceptibility to regional economic downturns, currency
fluctuations, large customer order slowdowns and other risks related to its
U.S., U.K. and foreign operations; its ability to realize cost savings from the
its cost reduction program; keen competition in its fragmented and consolidating
industry; and the other risk factors and more complete descriptions of these
factors found under "Risk Factors" in the Company's Form 20-F filed with the
SEC.
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.
ENODIS PLC
August 21, 2001
By: /s/ Andrew F. Roake
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Name: Andrew F. Roake
Title: Chief Operating Officer