BENEFICIAL BANCORP,INC. (NASDAQ:BNCL) Files An 8-K Submission of Matters to a Vote of Security Holders

BENEFICIAL BANCORP,INC. (NASDAQ:BNCL) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders.

A special meeting of the stockholders (the “Special Meeting”) of Beneficial Bancorp,Inc. (the “Company”) was held on December6, 2018. The final results for the matters submitted to a vote of the stockholders of the Company at the Special Meeting are as follows:

1. The proposal to approve an Agreement and Plan of Reorganization, dated as of August7, 2018, as amended on November1, 2018, by and between the Company and WSFS Financial Corporation (“WSFS”), to which the Company will merge with and into WSFS (the“Merger”) (the “Merger Proposal”).

FOR

AGAINST

ABSTAIN

BROKER NON-VOTES

56,735,800

2,687,452

423,112

2. The proposal to approve, on a non-binding advisory basis, the compensation that may become payable to the Company’s named executive officers in connection with the Merger.

FOR

AGAINST

ABSTAIN

BROKER NON-VOTES

19,995,454

39,287,946

562,964

Item 8.01 Other Events.

On December6, 2018, the Company issued a press release announcing that its stockholders had approved the Merger at the Special Meeting. A copy of the Company’s press release dated December6, 2018 is attached to this Report as Exhibit99.1 and is incorporated herein by reference.

Item 9.01 Financial Statements and Other Exhibits.

(d) Exhibits

Number

Description

99.1

Press Release dated December6, 2018


Beneficial Bancorp Inc. Exhibit
EX-99.1 2 a18-41241_1ex99d1.htm EX-99.1 Exhibit 99.1   BENEFICIAL BANCORP,…
To view the full exhibit click here

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