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 December 13, 2001 ----------------------------------------------- Date of Report (date of earliest event reported Commission File Number 1-9789 ------ TECH/OPS SEVCON, INC. ------------------------------------------------------ (Exact name of registrant as specified in its charter) Delaware 04-2985631 - ------------------------------- -------------- (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 40 North Avenue, Burlington, Massachusetts, 01803-3391 ------------------------------------------------------ (Address of principal executive offices and zip code) (781) 229-7896 --------------------------------------------------- (Registrant's telephone number, including area code:) ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS c. Exhibits Exhibit No. Description 99 Press Release ITEM 9. REGULATION FD DISCLOSURE On December 13, 2001, Tech/Ops Sevcon, Inc. announced a reduction in the rate of quarterly dividend to $.09 per share as set out in the press release attached hereto as Exhibit 99. 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. Tech/Ops Sevcon, Inc., Registrant December 14, 2001 /s/ Paul A McPartlin Paul A McPartlin, Vice President, Treasurer and Chief Financial Officer (Principal Financial and Accounting Officer) EXHIBIT 99 PRESS RELEASE TECH/OPS SEVCON ANNOUNCES LOWER DIVIDEND Burlington, Mass., December 13, 2001. Tech/Ops Sevcon, Inc. (AMEX symbol TO) declared a quarterly cash dividend of $.09 per share for the first quarter of fiscal 2002. The dividend will be paid on January 17, 2002 to stockholders of record on December 28, 2001. The Board of Directors has concluded that, in the present uncertain economic climate, it is in the best interest of the Company and its stockholders to reduce the dividend by half, at this time, to improve the Company's cash flow and conserve cash resources.