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)

October 19, 2017

 

 

GREEN PLAINS PARTNERS LP

(Exact name of registrant as specified in its charter)

 

 

Delaware

(State or other jurisdiction of incorporation)

 

001-37469   47-3822258
(Commission file number)   (IRS employer identification no.)
1811 Aksarben Drive, Omaha, Nebraska   68106
(Address of principal executive offices)   (Zip code)

(402) 884-8700

(Registrant’s telephone number, including area code)

 

 

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:

 

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

 

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))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company  ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☒

 

 

 


Item 8.01. Other Events.

On October 19, 2017, Green Plains Partners LP announced that the board of directors of its general partner declared a quarterly cash distribution of $0.46 per unit on all of its outstanding common and subordinated units, or $1.84 per unit on an annualized basis, for the third quarter of 2017. The 1.0-cent increase over the previous quarterly distribution of $0.45 per unit is the eighth consecutive increase since the partnership’s inception. The distribution is payable on November 10, 2017, to unitholders of record at the close of business on November 3, 2017.

 

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits. The following exhibits are filed as part of this report.

 

Number

  

Description

99.1    Press release, dated October 19, 2017


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.

 

    Green Plains Partners LP
Date: October 19, 2017     By:   /s/ John W. Neppl
      John W. Neppl
     

Chief Financial Officer

(Principal Financial Officer)

EX-99.1

Exhibit 99.1

 

LOGO    FOR IMMEDIATE RELEASE

Green Plains Partners Increases Quarterly Distribution

OMAHA, Neb., Oct. 19, 2017 (GLOBE NEWSWIRE) – Green Plains Partners LP (NASDAQ:GPP) today announced that the board of directors of its general partner declared a quarterly cash distribution of $0.46 per unit on all of its outstanding common and subordinated units, or $1.84 per unit on an annualized basis, for the third quarter of 2017. The 1.0-cent increase over the previous quarterly distribution of $0.45 per unit is the eighth consecutive increase since the partnership’s inception. The distribution is payable on Nov. 10, 2017, to unitholders of record at the close of business on Nov. 3, 2017.

This release serves as a qualified notice to nominees under Treasury Regulation Section 1.1446-4(b). Please note that 100 percent of Green Plains Partners’ distributions to foreign investors are attributable to income that is effectively connected with a U.S. trade or business. Accordingly, all of the partnership’s distributions to foreign investors are subject to U.S. federal income tax withholding at the highest effective tax rate.

About Green Plains Partners LP

Green Plains Partners LP (NASDAQ:GPP) is a fee-based Delaware limited partnership formed by Green Plains Inc. to provide fuel storage and transportation services by owning, operating, developing and acquiring ethanol and fuel storage tanks, terminals, transportation assets and other related assets and businesses.

Contact

Jim Stark

Vice President, Investor & Media Relations

402.884.8700

jim.stark@gpreinc.com

###