Park National Corporation (NYSEMKT:PRK) Files An 8-K Regulation FD Disclosure
Item 7.01 – Regulation FD Disclosure
National Corporation (Park or the Company) and Brady T. Burt,
Chief Financial Officer, Secretary and Treasurer, will attend the
Sandler O’Neill Investor Conference on November 16 and 17, 2016.
The slides for the conference are furnished in this Current
Report on Form 8-K, to this Item 7.01, as Exhibit 99.1, and are
incorporated herein by reference. The slides are also available
in the Investor Presentations section of Park’s web site at
www.parknationalcorp.com.
slide entitled Forward-looking Statements is incorporated by
reference into this Item 7.01.
incorporated by reference into any registration statement filed by
Park under the Securities Act of 1933.
from Yadkin Bank, a wholly-owned subsidiary of Yadkin Financial
Corporation, all five thousand outstanding shares of Fixed Rate
Non-Cumulative Perpetual Preferred Stock, Series A (the Preferred
Stock), of NewDominion Bank, a North Carolina chartered bank. Park
paid Yadkin Bank $700.00 per share for the Preferred Stock, with an
aggregate purchase price of $3.5 million.
Yadkin Bank, Park exchanged all such Preferred Stock with
NewDominion Bank for 1,795,000 shares of voting common stock and
4,686,481 shares of non-voting common stock of NewDominion Bank
(collectively, the New Shares), which results in Park owning 4.9%
of the outstanding shares of voting common stock of NewDominion
Bank and 8.8% of all of the outstanding common stock (including
both voting and non-voting) of NewDominion Bank.
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(a)
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Not applicable
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(b)
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Not applicable
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(c)
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Not applicable
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(d)
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Exhibits. The following exhibit is furnished with this
Current Report on Form 8-K: |
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Exhibit No.
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Description
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99.1
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Slide presentation for Park National Corporation on
November 16 and 17, 2016, as part of the Sandler O’Neill Investor Conference (furnished to Item 7.01 hereof). |
registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
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PARK NATIONAL CORPORATION
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Dated: November 16, 2016
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By:
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/s/ Brady T. Burt
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Brady T. Burt
Chief Financial Officer, Secretary and
Treasurer
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Exhibit No.
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Description
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99.1
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Slide presentation for Park National Corporation on
November 16 and 17, 2016, as part of the Sandler O’Neill Investor Conference (furnished |
About Park National Corporation (NYSEMKT:PRK)
Park National Corporation (Park) is a financial holding company. The Company’s banking operations are conducted through The Park National Bank. The Company’s segments include Park National Bank, Guardian Financial Services Company (Guardian Finance) and SE Property Holdings, LLC (SEPH). The Park National Bank is engaged in the commercial banking and trust business, generally in small and medium population Ohio communities. Park’s principal business consists of owning and supervising its subsidiaries. The Park National Bank operates over 120 banking offices in Ohio through approximately 10 banking divisions with a network of over 140 automated teller machines. Guardian Finance provides consumer finance services in the central Ohio area. Guardian Finance includes over five financial service offices spanning approximately five counties in Ohio, which includes Clark, Fairfield, Franklin, Licking and Montgomery. SEPH is engaged in lending activities and has operations in Ohio. Park National Corporation (NYSEMKT:PRK) Recent Trading Information
Park National Corporation (NYSEMKT:PRK) closed its last trading session up +2.93 at 114.12 with 76,160 shares trading hands.
