0001489393-18-000021.txt : 20181130 0001489393-18-000021.hdr.sgml : 20181130 20181130161423 ACCESSION NUMBER: 0001489393-18-000021 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20181129 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20181130 DATE AS OF CHANGE: 20181130 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LyondellBasell Industries N.V. CENTRAL INDEX KEY: 0001489393 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] IRS NUMBER: 980646235 STATE OF INCORPORATION: P7 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34726 FILM NUMBER: 181211370 BUSINESS ADDRESS: STREET 1: 1221 MCKINNEY ST STREET 2: SUITE 700 CITY: HOUSTON STATE: TX ZIP: 77010 BUSINESS PHONE: 713-309-7603 MAIL ADDRESS: STREET 1: 1221 MCKINNEY ST STREET 2: SUITE 700 CITY: HOUSTON STATE: TX ZIP: 77010 8-K 1 a11-29x18divboardappt8xk.htm 8-K Document


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): November 29, 2018
____________________________________________ 
LYONDELLBASELL INDUSTRIES N.V.
(Exact Name of Registrant as Specified in Charter) 
 ____________________________________________ 
The Netherlands
001-34726
98-0646235
(State or Other Jurisdiction
of Incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
 
 
 
1221 McKinney St.
Suite 300
Houston, Texas
USA 77010
4th Floor, One Vine Street
London
W1J0AH
The United Kingdom
Delftseplein 27E
3013 AA Rotterdam
The Netherlands
(Addresses of principal executive offices) 
(713) 309-7200
+44 (0)207 220 2600
+31 (0)10 275 5500
(Registrant’s telephone numbers, including area codes) 
(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:
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))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company  ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐






Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On November 29, 2018, the Board of Directors (the “Board”) of LyondellBasell Industries N.V. (the “Company”) appointed Michael S. Hanley to serve as a director effective as of, and to fill the vacancy created upon, the previously announced resignation of director Robert G. Gwin on November 30, 2018. Mr. Hanley’s term will expire at the Annual General Meeting of Shareholders in 2019, and he will serve on the Audit Committee and the Health, Safety, Environmental and Operations Committee of the Board.
There are no arrangements or understandings pursuant to which Mr. Hanley was appointed to the Board, and there are no transactions between Mr. Hanley and the Company since the beginning of the Company’s last fiscal year or any currently proposed transaction, or series of similar transactions, in which the amount involved exceeds $120,000.
Mr. Hanley will be entitled to receive compensation for his Board and committee service, including pro rata cash and equity compensation for 2018 service, in accordance with the Company’s standard compensation arrangements for non-employee directors, which are described under the caption “Compensation of Non-Executive Members of the Board” in the Company’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on April 11, 2018, as may be adjusted by the Board from time to time.
A copy of the press release announcing the appointment of Mr. Hanley and other matters is furnished as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits







SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.


                        
 
 
LYONDELLBASELL INDUSTRIES N.V.
 
 
 
Date:
November 30, 2018
By: /s/Jeffrey A. Kaplan        
 
 
Jeffrey A. Kaplan
 
 
Executive Vice President
 
 
 
 
 
 




EX-99.1 2 a11-29x18_8xkexhibit991.htm EXHIBIT 99.1 Exhibit
Exhibit 99.1

prlbydividendannounce_image1.jpg
FOR IMMEDIATE RELEASE
HOUSTON and LONDON, November 30, 2018

LyondellBasell Announces Quarterly Dividend and Board Appointment
HOUSTON, and LONDON, November 30, 2018 /PRNewswire/ -- LyondellBasell (NYSE: LYB), one of the largest plastics, chemicals and refining companies in the world, today announced that it has declared a dividend of $1.00 per share, to be paid December 17, 2018 to shareholders of record December 10, 2018, with an ex-dividend date of December 7, 2018.

The company also announced that effective today, Michael Hanley has joined LyondellBasell’s board of directors, filling the vacancy caused by the previously announced resignation of director Robert G. Gwin. Hanley has more than 25 years of experience in senior management and finance roles, including as Chief Financial Officer of Alcan and as Senior Vice President, Operations and Strategy at the National Bank of Canada. He also serves on the boards of publicly-traded companies BRP, Inc., Industrial Alliance Insurance & Financial Services and Shawcor Ltd.

“As we look to build a future on LyondellBasell’s already solid foundation, Michael’s perspective and experience will be valuable for our board and company,” said Jacques Aigrain, chairman of LyondellBasell’s board of directors. 


“Michael’s deep experience in finance, combined with his international perspective, will benefit LyondellBasell as we drive superior value for our shareholders,” added LyondellBasell chief executive officer Bob Patel.


Hanley, 53, holds a bachelor’s degree in business administration from HEC Montreal and he is a Chartered Professional Accountant. At LyondellBasell, Hanley will join the Audit and Health, Safety, Environmental and Operations committees of the board of directors.


About LyondellBasell
LyondellBasell (NYSE: LYB) is one of the largest plastics, chemicals and refining companies in the world. Driven by its employees around the globe, LyondellBasell produces materials and products that are key to advancing solutions to modern challenges like enhancing food safety through lightweight and flexible packaging, protecting the purity of water supplies through

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stronger and more versatile pipes, improving the safety, comfort and fuel efficiency of many of the cars and trucks on the road, and ensuring the safe and effective functionality in electronics and appliances. LyondellBasell sells products into more than 100 countries and is the world's largest producer of polymer compounds and the largest licensor of polyolefin technologies. In 2018, LyondellBasell was named to Fortune magazine’s list of the “World’s Most Admired Companies.” More information about LyondellBasell can be found at www.LyondellBasell.com.


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