-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RLI6nNvMLl+DjgqqTWkggnjVmu3JxvqtTyeSMBpxDFag9BCCwy5c2YVJo1ardtzd LYWIo1W1eL8KQ8cHBCnt5Q== 0000914317-06-002124.txt : 20060731 0000914317-06-002124.hdr.sgml : 20060731 20060731154647 ACCESSION NUMBER: 0000914317-06-002124 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20060731 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Other Events FILED AS OF DATE: 20060731 DATE AS OF CHANGE: 20060731 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LAKELAND INDUSTRIES INC CENTRAL INDEX KEY: 0000798081 STANDARD INDUSTRIAL CLASSIFICATION: ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES [3842] IRS NUMBER: 133115216 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-15535 FILM NUMBER: 06991063 BUSINESS ADDRESS: STREET 1: 701-7 KOEHLER AVENUE CITY: RONKONKOMA STATE: NY ZIP: 11779 BUSINESS PHONE: 6319819700 MAIL ADDRESS: STREET 1: 701- 7 KOEHLER AVENUE CITY: RONKONKOMA STATE: NY ZIP: 11779 8-K 1 form8k-78173_lake.htm FORM 8-K Form 8-K
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 31, 2006
__________________________________________

Lakeland Industries, Inc.
(Exact name of registrant as specified in its charter)


Delaware
0-15535
13-3115216
(State or other jurisdiction
(Commission
(IRS Employer
of incorporation)
File Number)
Identification No.)

701 Koehler Avenue, Suite 7, Ronkonkoma, New York 11779-7410

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code (631) 981-9700  

711 Koehler Avenue, Suite 2, Ronkonkoma, New York, 11779-7410

(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:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o 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))

















Items 8.01 and 7.01 Other Events and Regulation FD Disclosure.

On June 29, 2006 Lakeland Industries, Inc. (“Lakeland”) issued a press release regarding Lakeland’s 10% Stock Dividend. On July 31, 2006, Lakeland Industries, Inc. issues a correction of 6/29/06 press release.

The information in this report shall not deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.



 




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.



 
LAKELAND INDUSTRIES, INC.
   
   
Date: July 31, 2006
 
   
   
 
/s/ Christopher J. Ryan
 
Christopher J. Ryan
 
President & CEO
 



EXHIBIT INDEX

Exhibit
     
Number
 
Description
 
       
99.1
 
Lakeland Industries, Inc. issues a correction of 6/29/06 press release.
 

EX-99.1 2 ex99_1.htm EXHIBIT 99.1 Exhibit 99.1
 
CORRECTION -- Lakeland Industries
 
 
RONKONKOMA, NY -- (MARKET WIRE) -- July 31, 2006 -- In the news release, "Lakeland Industries Declares a 10% Dividend Payable in Stock," issued June 29, 2006 by Lakeland Industries (NASDAQ: LAKE), we are advised by the company that the fifth sentence of the second paragraph should read "Therefore, the Ex-Dividend date has been set by NASDAQ on July 31, 2006; with one (1) share issued for every 10 shares held by a stockholder on the ex-dividend date (7/31/06)" rather than "Therefore, the Ex-Dividend date should be set by NASDAQ on July 29, 2006; with one (1) share issued for every 10 shares held by a stockholder on the ex-dividend date." In the third paragraph, the first sentence should read "To illustrate, the closing price of Lakeland's stock was $14.29 per share on July 28, 2006 and the opening price on July 31, 2006 was $12.99" rather than "To illustrate, if the closing price of Lakeland's stock is $16 per share on September 1, 2006, the opening price on September 5, 2006 will be approximately $14.40" as originally issued. The last sentence of the third paragraph, which contains new information, was not in the original release. Complete corrected text follows.
 
 
Lakeland Industries Declares a 10% Dividend Payable in Stock
 
 
RONKONKOMA, NY -- July 31, 2006 -- Lakeland Industries, Inc. (NASDAQ: LAKE), a leading manufacturer of industrial protective clothing, announced on 6/29/06 that it would award a 10% dividend in common stock.
 
 
The measure is expected to further broaden Lakeland's shareholder base by making the stock more affordable for individual investors by making it easier for them to purchase stock in round lots. This dividend will further increase the number of shares issued and outstanding, which management believes will aid in increased liquidity and trading volume. The Record Date for the above announced stock dividend will be August 1, 2006. The payable date for the dividend will be September 1, 2006. Therefore, the Ex-Dividend date has been set by NASDAQ on July 31, 2006; with one (1) share issued for every 10 shares held by a stockholder on the ex-dividend date (7/31/06). Any fractional shares will be half adjusted.
 
 
To illustrate, the closing price of Lakeland's stock was $14.29 per share on July 28, 2006 and the opening price on July 31, 2006 was $12.99. While the dividend will increase the number of shares owned by 10%, the price per share has been reduced by approximately 10%, immediately after the payable date. Of course, market factors will influence the price before and after the dividend is payable. The extra shares will be delivered on the payable date of September 1, 2006.
 
 
For questions pertaining to the stock split, dividends, etc. please contact Investors Relations at the Registrar and Transfer Company: 10 Commerce Drive, Cranford, NJ 07016 1-800-368-5948
 
 
For more information concerning Lakeland, please visit us at: www.lakeland.com or call Investor Relations: Christopher J. Ryan at 631-981-9700 or e-mail CJRyan@lakeland.com.
 



 
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Forward-looking statements involve risks, uncertainties and assumptions as described from time to time in Press Releases and 8-K(s), registration statements, annual reports and other periodic reports and filings filed with the Securities and Exchange Commission. All statements, other than statements of historical facts, which address Lakeland's expectations of sources of capital or which express the Company's expectation for the future with respect to financial performance or operating strategies can be identified as forward-looking statements. As a result, there can be no assurance that Lakeland's future results will not be materially different from those described herein as "believed," "anticipated," "estimated" or "expected," which words reflect the current view of the Company with respect to future events. We caution readers that these forward-looking statements speak only as of the date hereof. The Company hereby expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the Company's expectations or any change in events conditions or circumstances on which such statement is based.
 
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