|
Quotes & Info
|
| OME > SEC Filings for OME > Form 8-K on 17-Dec-2012 | All Recent SEC Filings |
17-Dec-2012
Regulation FD Disclosure, Financial Statements and Exhibits
On December 17, 2012, Omega Protein Corporation. (the "Company") issued a press release announcing that the Atlantic States Marine Fisheries Commission ("ASMFC") has approved a 20% reduction for the Atlantic Coast menhaden bait and reduction fisheries. This press release is filed as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.
Approximately 31% of the Company's production of fish meal, oil and solubles and approximately 35% of its fish catch comes from its Atlantic operations, based on the most recent five year average (2007-2011) . The Company is reviewing various measures that it might take in connection with its Atlantic operations to more closely align its Atlantic operations' cost structure with the lower fish catch expected to result from the ASMFC restrictions.
The ASMFC recommendations must still be ratified by the member ASMFC states and particularly Virginia where the majority of the Company's Atlantic production is caught. In Virginia, this decision will be made by the Virginia legislature, which is expected to begin its next session in January 2013.
In accordance with General Instructions B.2 and B.6 of Form 8-K, the foregoing information, including Exhibit 99.1, shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, nor shall such information and Exhibit be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
(d) Exhibits
99.1 Text of Press Release dated December 17, 2012 titled "Omega Protein Announces Atlantic States Marine Fisheries Commission Votes for Menhaden Restriction Regulations."
|
|