SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 9, 2015
BENEFICIAL BANCORP, INC.
(Exact Name of Registrant as Specified in Its Charter)
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Maryland | | 333-198282 | | 47-1569198 |
(State or other jurisdiction of incorporation or organization) | | (Commission File Number) | | (IRS Employer Identification No.) |
Beneficial Bank Place, 1818 Market Street, Philadelphia, Pennsylvania 19103
(Address of principal executive offices) (Zip Code)
(215) 864-6000
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01Other Events
On January 9, 2015, Beneficial Mutual Bancorp, Inc. issued a press release announcing that depositors of Beneficial Bank (the “Bank”) approved the Plan of Conversion and Reorganization at a special meeting held on January 9, 2015. Depositors of the Bank did not approve the contribution of $1.0 million in cash to The Beneficial Foundation in connection with the conversion.
The conversion and the related subscription and community offerings by Beneficial Bancorp, Inc., the proposed new holding company for the Bank, are expected to be completed on January 12, 2015. All valid orders received in the subscription and community offerings will be filled in full. The completion of the conversion and offering is subject to customary closing conditions.
A copy of the press release is filed as Exhibit 99.1 hereto and incorporated by reference.
Item 9.01Financial Statements and Exhibits.
(d) Exhibits
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Number | | Description |
| |
99.1 | | Press Release dated January 9, 2015 |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned thereunto duly authorized.
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| | | | BENEFICIAL BANCORP, INC. |
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Date: January 9, 2015 | | | | By: | | /s/ Thomas D. Cestare |
| | | | | | Thomas D. Cestare |
| | | | | | Executive Vice President and |
| | | | | | Chief Financial Officer |