WORLD POINT TERMINALS, LP (NYSE:WPT) Files An 8-K Regulation FD Disclosure

WORLD POINT TERMINALS, LP (NYSE:WPT) Files An 8-K Regulation FD Disclosure

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Item 7.01

Regulation FD Disclosure.

On June 30, 2017, World Point Terminals, LP (the
Partnership) issued a press release announcing
that the previously announced tender offer by World Point
Terminals, Inc. (the Offeror) to purchase all
outstanding common units of the Partnership (the
Units) not already beneficially owned by the
Offeror and its affiliates, at a price per Unit equal to $17.30
(the Offer Price), net to the holder in cash,
without interest thereon and less any applicable tax withholding,
and on the other terms and subject to the other conditions
specified in the Offer to Purchase, dated June2, 2017 (as amended
and supplemented, the Offer to Purchase), and in
the related Letter of Transmittal (which, together with any
amendments or supplements thereto, collectively constitute the
Offer), expired at 11:59 p.m., New York City
time, on June 29, 2017. Approximately 6,127,974 Units, including
118,679 Units subject to guaranteed delivery, were validly
tendered (and not properly withdrawn) to the Offer and were
accepted for payment by the Offeror in accordance with the terms
of the Offer. A copy of the press release is attached hereto as
Exhibit 99.1 and incorporated herein by reference.

In accordance with General Instruction B.2 to Form 8-K, the
information provided under this Item 7.01 and the information
attached to this Current Report on Form 8-K as Exhibit 99.1 shall
be deemed to be furnished and shall not be deemed to be filed for
purposes of Section18 of the Securities Exchange Act of 1934, as
amended (the Exchange Act), or otherwise subject
to the liabilities of that section, nor shall it be deemed
incorporated by reference in any filing under the Securities Act
of 1933, as amended, or the Exchange Act, except as expressly set
forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No. Description
99.1 Press Release dated June 30, 2017.

World Point Terminals, LP Exhibit
EX-99.1 2 v470100_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1     World Point Terminals,…
To view the full exhibit click here

World Point Terminals, LP owns, operates, develops and acquires liquid bulk storage terminals and other assets relating to the storage of petroleum products, including light refined products, heavy refined products and crude oil. The Company operates fee-based facilities located along the East Coast, Gulf Coast and Midwest regions of the United States. Through its subsidiary, Terminal Company, LLC (Center Point), the Company owns and operates approximately 15.5 million barrels of tankage at terminals, which are located in the East Coast, Gulf Coast and Midwest regions of the United States. The Company’s terminal facilities are located on waterways, providing ship or barge access for the movement of petroleum products, and have truck racks with loading logistics. Its terminal facilities also have rail or pipeline access. The Company has approximately 18,375,510 common units and over 16,485,510 subordinated units representing its limited partner interest.

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