SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K/A
Amendment No. 1
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of April, 2002
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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This Amendment No. 1 supplements the Form 6-K for the month of April 2002 filed
on April 15, 2002. On April 24, 2002, Enodis plc distributed the following press
release:
Enodis plc Announces Sale of Belshaw Brothers Inc
London April 24th, 2002. Enodis plc, a world leading food service equipment
manufacturer, announces that it has sold Belshaw Brothers Inc (`Belshaw') for a
cash consideration of $24.2 million ((pound)16.7 million). The consideration,
net of expenses, will be used by Enodis plc to reduce debt.
Belshaw, a Seattle based manufacturer of doughnut making equipment, is being
purchased by Aga Foodservice Group plc.
As at 31 March 2002, Belshaw had a net asset value of $5.9 million (excluding
goodwill and inter company balances). In the year to 31 March 2002, the business
contributed $21.5 million to sales and $4.9 million to operating profit.
Commenting on the sale, Andrew Allner, Chief Executive Officer, said:
"This transaction, following the disposal of Sammic last December and our recent
successful Rights Issue, represents another step in implementing our strategy to
reduce debt and improve the focus on our core businesses.
Our aim is to consolidate and extend our position as the world's leading
manufacturer of heavy core commercial food service equipment through product,
distribution and service excellence."
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 substantial
debt obligations and restrictive covenants; 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 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.
Enquiries:
Enodis plc, London
Andrew Allner 011 44 20 7 304 6006
Financial Dynamics
Richard Mountain 011 44 20 7269 729
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
April 24, 2002 By: /s/ Stuart Miller
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Name: Stuart Miller
Title: Chief Financial Officer - Group