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: August 2, 2004

(Date of earliest event reported)

 


 

Matrix Service Company

(Exact name of registrant as specified in its charter)

 

0-18716

(Commission File Number)

 

Delaware   73-1352174
(State or other jurisdiction of incorporation)   (IRS Employer Identification No.)

 

10701 East Ute Street

Tulsa, Oklahoma

 

74116

(Zip Code)

(Address of principal executive offices)    

 

(918) 838-8822

(Registrant’s telephone number, including area code)



Item 5. Other Events.

 

On July 30, 2004, Matrix Service Company (the “Registrant”) issued a Press Release, in substantially the form attached hereto as Exhibit 99.1, which announced the successful de-listing of its common stock from the Berlin-Bremen stock exchange in Germany. Previously, the Company had reported that it had initiated action to be de-listed from the Berlin-Bremen exchange after learning that its shares had been listed for trading on the exchange without the Company’s prior knowledge, consent or authorization. This de-listing in no way affects the continued listing or trading of the Registrant’s common stock on the Nasdaq National Market under the symbol “MTRX”.

 

Item 7. Financial Statements and Exhibits.

 

Exhibit No.

  

Description


99.1    Press Release issued July 30, 2004

 

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.

 

       

Matrix Service Company

Dated: July 30, 2004

      By:   /S/    LES AUSTIN         
               

Les Austin

Chief Financial Officer and

Principal Accounting Officer

 

2


EXHIBIT INDEX

 

Exhibit No.

  

Description


99.1    Press Release issued July 30, 2004

 

3

Press Release

Exhibit 99.1

 

[MATRIX SERVICE LOGO]

 


FOR IMMEDIATE RELEASE

 

MATRIX SERVICE SUCCESSFUL IN BEING DE-LISTED FROM

BERLIN-BREMEN STOCK EXCHANGE

 

TULSA, Okla., July 30 – Matrix Service Co. (Nasdaq: MTRX), a leading industrial services company, today said its common stock has been de-listed from the Berlin-Bremen stock exchange at the company’s request.

 

Matrix Service reported on July 26 that it initiated action to be de-listed from the Berlin-Bremen exchange after learning that its shares had been listed for trading on the exchange without the company’s prior knowledge or consent.

 

Brad Vetal, Matrix Service president and chief executive officer, said, “We are gratified with the rapid response to our action to be de-listed from the German exchange. While it’s not clear that any price manipulation in the U.S. markets occurred as a result of the unauthorized listing of our common stock on the Berlin-Bremen exchange, we believe that prompt de-listing is in the best interest of our shareholders.”

 

Matrix Service was one of several U.S. companies to report the unauthorized listing of its common shares on the Berlin-Bremen exchange in recent weeks. The companies were seeking to be de-listed because they were concerned the price of their common stock in the U.S. markets could be subject to manipulation by trading practices permitted on the Berlin-Bremen stock exchange what would not be permitted in the U.S. markets.

 

About Matrix Service Company

 

Matrix Service Company provides general industrial construction and repair and maintenance services principally to the petroleum, petrochemical, power, bulk storage terminal, pipeline and industrial gas industries.

 

The Company is headquartered in Tulsa, Oklahoma, with regional operating facilities located in Oklahoma, Texas, California, Michigan, Pennsylvania, Illinois, Utah, South Carolina, Washington, and Delaware in the U.S. and Canada.

 

This release contains forward-looking statements that are made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are generally accompanied by words such as “anticipate”, “continues”, “expect”, “forecast”, “outlook”, “believe”, “estimate”, “should” and “will” and words of similar effect that convey future meaning, concerning the Company’s operations, economic performance and management’s best judgment as to what may occur in the future. Future events involve risks and uncertainties that may cause actual results to differ materially from those we currently anticipate. The actual results for the current and future periods and other corporate developments will depend upon a number of economic, competitive and other influences, including those identified in the “Risk Factors” and “Forward Looking Statements” sections and elsewhere in the Company’s reports and filings made from time to time with the Securities and Exchange Commission. Many of these risks and uncertainties are beyond the control of the Company, and any one of which, or a combination of which, could materially and adversely affect the results of the Company’s operations and its financial condition. We undertake no obligation to update information contained in this release.

 

For More Information:

Les Austin

Vice President Finance and CFO

Matrix Service Company

918/838-8822

laustin@matrixservice.com

 

Investors:

Trúc N. Nguyen

VP, Investor Relations

Stern & Co.

212/888-0044

tnguyen@sternco.com

 

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