Post Holdings, Inc. (OTCMKTS:POSTU) Files An 8-K Regulation FD Disclosure
Item 7.01.Regulation FD Disclosure.
On January 10, 2019, Post Holdings, Inc. (the “Company”) announced its Board of Directors declared a quarterly dividend of $0.625 per share on the Company’s 2.5% Series C Cumulative Perpetual Convertible Preferred Stock (“Series C Preferred Stock”), for the dividend period from the date of November 15, 2018 to February 14, 2019. The dividend on the Company’s Series C Preferred Stock will be paid on February 15, 2019 to holders of record of Series C Preferred Stock as of the close of business on February 1, 2019.
The information furnished to this Item 7.01 shall not be deemed “filed” for purposes of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of such section, nor shall such information be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 7.01.Other Events.
Also, on January 10, 2019, the Company announced that it has given notice for the redemption of all outstanding shares of the Company’s Series C Preferred Stock (CUSIP: 737446807).
The redemption date of the Series C Preferred Stock will be February 15, 2019 (the “Redemption Date”). The Series C Preferred Stock will be redeemed at a redemption price equal to $100.00 per share of Series C Preferred Stock, plus accrued and unpaid dividends up to, but excluding, the Redemption Date (the “Redemption Price”). With the payment of the quarterly dividend on the Company’s Series C Preferred Stock previously discussed, which will occur on the same date as the Redemption Date, the amount of accrued and unpaid dividends on the Series C Preferred Stock as of the Redemption Date will be $0.00 per share, and the Redemption Price will be $100.00 per share. Unless the Company defaults in making the payment of the Redemption Price, the Series C Preferred Stock will no longer be deemed outstanding and dividends on the Series C Preferred Stock will cease to accrue on and after the Redemption Date.
As of January 8, 2019, there were 3,198,711 shares of Series C Preferred Stock issued and outstanding.
A copy of the press release issued on January 10, 2019 is attached hereto as Exhibit 99.1.
Item 7.01.Financial Statements and Exhibits.
(d) Exhibits
See Exhibit Index.
Post Holdings, Inc. Exhibit
EX-99.1 2 ex99-1seriescredeempr.htm EXHIBIT 99.1 – PRESS RELEASE Exhibit Exhibit 99.1Post Holdings Announces Redemption of 2.5% Series C Convertible Preferred Stock and Declares Dividend on Series C Convertible Preferred StockSt. Louis – January 10,…
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