Ritchie Bros. Auctioneers Incorporated (TSE:RBA) Files An 8-K Other EventsItem 9.01 set forth below, amends Item 9.01 of the Initial 8-K and provides the historical financial information required to Item 9.01 (a)of Form 8-K and the pro forma financial information required to Item 9.01(b) of Form8-K.
Item 9.01 Other Events.
The Company hereby confirms the process for shareholders or other interested parties to communicate with the Company’s Board of Directors:
You can communicate directly with the Company’s independent directors via email at [email protected]. All relevant correspondence will be forwarded to the Chair of the Company’s Board of Directors in accordance with the Company’s Shareholder Engagement Policy. A copy of the Company’s Shareholder Engagement Policy is available at:
https://www.rbauction.com/cms_assets/pdf/corporate-governance/2016-shareholder-engagement-policy.pdf.
Item 9.01Financial Statements and Exhibits.
(a) Financial Statements of Business Acquired
The audited consolidated financial statements of IronPlanet as of and for the years ended December31, 2016 and 2015 and accompanying notes are included as Exhibit 99.2 hereto and are incorporated herein by reference.
The unaudited consolidated financial statements of IronPlanet as of March31, 2017 and for the three months ended March31, 2017 and 2016 and accompanying notes are included as Exhibit 99.3 hereto and are incorporated herein by reference.
(b) Pro Forma Financial Information
The following Unaudited Pro Forma Combined Condensed Financial Statements required to Item 9.01(b) of Form 8-K are included as Exhibit 99.4 hereto and are incorporated herein by reference:
(i) Unaudited Pro Forma Combined Condensed Balance Sheet as of March31, 2017.
(ii) Unaudited Pro Forma Combined Condensed Income Statement for the year ended December31, 2016 and for the three months ended March31, 2017.
(iii) Notes to the Unaudited Pro Forma Combined Condensed Financial Statements.
(d) Exhibits.
| Exhibit No. | Description |
| 23.1 | Consent of KPMG LLP, Independent Auditors |
| 99.1 | Press release from the Company, dated May 31, 2017, entitled “Ritchie Bros. Completes Its Acquisition of IronPlanet, Growing Digital Presence and Offering Unprecedented Choice to Customers” (incorporated by reference to Exhibit 99.1 of the Company’s Current Report on Form 8-K filed on June 2, 2017) |
| 99.2 | Audited consolidated financial statements of IronPlanet as of and for the years ended December 31, 2016 and 2015 and accompanying notes |
| 99.3 | Unaudited consolidated financial statements of IronPlanet as of March 31, 2017 and for the three months ended March 31, 2017 and 2016 and accompanying notes |
| 99.4 | Unaudited Pro Forma Combined Consolidated Balance Sheet as of March 31, 2017 and Unaudited Pro Forma Combined Condensed Income Statement for the year ended December 31, 2016 and for the three months ended March 31, 2017 and accompanying notes |
RITCHIE BROS AUCTIONEERS INC ExhibitEX-23.1 2 v472515_ex23-1.htm EXHIBIT 23.1 Exhibit 23.1 Consent of Independent Auditors We consent to the incorporation by reference in the registration statements (Nos. 333-65533,…To view the full exhibit click here
About Ritchie Bros. Auctioneers Incorporated (TSE:RBA)
Ritchie Bros. Auctioneers Inc is a Canada-based holding company. The Company is an auctioneer of industrial equipment. The Company is engaged in selling industrial equipment and other assets for the construction, agricultural, transportation, energy, mining, forestry, material handling, marine and real estate industries at its unreserved auctions and online marketplaces. The Company focuses on the sale of heavy machinery. The Company operates through the following segments: Core Auction segment and EquipmentOne segment. Core Auction segment offers a network of auction locations that conduct live, unreserved auctions with both on-site and online bidding. EquipmentOne segment is an online marketplace that facilitates private equipment transactions. The Company sells equipment through unreserved auctions at approximately 40 auction sites across the world. The majority of the assets sold through the Company’s sales channels are classified as construction machinery.
