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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C., 20549
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FORM 6-K
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934
For the month of MAY, 2002
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SPARKLING SPRING WATER GROUP LIMITED
19 FIELDING AVENUE, DARTMOUTH, NOVA SCOTIA, CANADA B3B 1C9
(Address of principal executive offices)
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[Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F]
Form 20-F x Form 40-F
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[Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3 - 2(b) under the Securities Exchange Act of
1934.]
Yes No x
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On May 15, 2002, our parent company, Sparkling Spring Water Holdings Limited,
issued a press release announcing its filing of a registration statement for a
proposed initial public offering of its common shares, the proceeds of which
would be used to redeem or repurchase our outstanding 11.5% Senior Subordinated
Notes due 2007.
Exhibit I -- Sparkling Spring Water Holdings Limited press release dated May 15,
2002 announcing the filing of a registration statement for a
proposed initial public offering of its common shares.
SIGNATURE
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, thereunto duly authorized.
Sparkling Spring Water Group Limited
By: /s/ ROBIN CHAKRABARTI
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Name: Robin Chakrabarti
Title: Vice President, Treasurer
EXHIBIT I
PRESS RELEASE (For Immediate Release) May 15, 2002
SPARKLING SPRING WATER HOLDINGS LIMITED FILES REGISTRATION STATEMENT FOR
AN INITIAL PUBLIC OFFERING OF COMMON SHARES
Dartmouth, Nova Scotia (May 15, 2002) - Sparkling Spring Water Holdings Limited,
parent of Sparkling Spring Water Group Limited, today announced that it has
filed a registration statement with the U.S. Securities and Exchange Commission
for a proposed initial public offering of its common shares. Sparkling Spring
operates in the home and office direct delivery segment of the bottled water
industry and rents water coolers and delivers bottled water directly to
residential and commercial customers in the United States, Canada and the United
Kingdom.
Goldman, Sachs & Co. will act as sole book-runner in the offering. UBS Warburg
LLC will act as joint lead manager with JP Morgan and TD Securities acting as
co-managers. The proposed offering will include shares issued and sold by
Sparkling Spring and, if exercised, the underwriters' over-allotment option will
include shares sold by certain Sparkling Spring shareholders.
Sparkling Spring anticipates using the net proceeds it receives from the
offering to repay the outstanding 11.5% senior subordinated notes due 2007 of
its subsidiary Sparkling Spring Water Group Limited, and to repay a portion of
the outstanding indebtedness under Sparkling Spring Water Group's senior credit
facility.
A registration statement relating to these securities has been filed with the
U.S. Securities and Exchange Commission, but has not yet become effective.
These securities may not be sold nor may offers to buy be accepted prior to the
time the registration statement becomes effective. This communication shall not
constitute an offer to sell or the solicitation of an offer to buy nor shall
there be any sale of these securities in any state or other jurisdiction in
which such offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such state or other
jurisdiction.
When available, preliminary prospectuses may be obtained from Goldman, Sachs &
Co., at 85 Broad Street, New York, New York 10004, telephone (212) 902-1000, or
from UBS Warburg LLC, at 299 Park Avenue, New York, New York 10171, telephone
(212) 821-3000.
The statements contained in this release, including the proposed initial public
offering and the anticipated use of proceeds, that are not historical facts are
forward-looking statements. These forward-looking statements involve risks and
uncertainties that could cause actual outcomes to differ materially from those
in such statements. The outcomes could be affected by, among other things,
general business conditions, the impact of changes in Sparkling Spring's
business and operating results and changes in conditions in the financial
markets.
CONTACT:
DILLON SCHICKLI
Tel: 604-232-7666
ROBIN CHAKRABARTI
Tel: 604-232-7611