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) June 5, 2001 ------------ UNITED TRUST GROUP, INC. ------------------------------------------ (Exact Name of Registrant as specified in its charter) ILLINOIS 0-16867 37-1172848 - ------------------------ ------------- ------------------ (State or other Juris- (Commission (I.R.S. Employer diction of incorporation File Number) identification No.) 5250 SOUTH SIXTH STREET P.O. BOX 5147 SPRINGFIELD, IL 62705 (Address of principal executive offices, including zip code) Regisrant's telephone number, including area code (217)-241-6300 Not Applicable - ---------------------------------------- --------------- (Former name or former address, if changed since last report) ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS (c) Exhibits 99.1 Press Release dated June 5, 2001. ITEM 9. REGULATION FD DISCLOSURE o United Trust Group, Inc. and First Commonwealth Corporation issued a joint press release on June 5, 2001 announcing the proposed merger of First Commonwealth Corporation with and into United Trust Group, Inc. United Trust Group, Inc. also announced in the press release that its board has authorized the repurchase of up to $1 million of its common stock. For information regarding these transactions, reference is made to the press release dated June 5, 2001, which is attached hereto as Exhibit 99.1 and incorporated herein by reference. SIGNATURES 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 hereunto duly authorized. UNITED TRUST GROUP, INC. (Registrant) By: /s/ Randall L. Attkisson Randall L. Attkisson President , Chief Operating Officer and Director By: /s/ Theodore C. Miller Theodore C. Miller Senior Vice President and Chief Financial Officer Date: June 5, 2001 EXHIBIT INDEX No. Exhibit - --- ------- 99.1 June 5, 2001 Press Release. Exhibit 99.1 Joint Press Release of United Trust Group, Inc., First Commonwealth Corporation and Appalachian Life Insurance Company FOR IMMEDIATE RELEASE June 5, 2001 FOR MORE INFORMATION CONTACT Theodore C. Miller (217)241-6300 SPRINGFIELD, ILLINOIS -- United Trust Group, Inc. (NASDAQ Small Cap Market symbol UTGI) and First Commonwealth Corporation ("FCC") jointly announced today that their respective Boards of Directors have approved a definitive agreement whereby United Trust Group would acquire the remaining common shares (approximately 19%) of FCC which United Trust Group does not currently own. Under the terms of the agreement, FCC will be merged with and into United Trust Group, with United Trust Group continuing as the surviving entity in the merger. Pursuant to the merger agreement, United Trust Group will pay $250 in cash for each share of FCC common stock not held by United Trust Group. The transaction is subject to various conditions precedent set forth in the merger agreement, including the approval of the transaction by the shareholders of FCC. FCC plans to file and mail a Proxy Statement to its shareholders containing information about the merger. Investors are urged to read the Proxy Statement when it becomes available. The board of directors of Appalachian Life Insurance Company, a West Virginia corporation and 88% owned indirect subsidiary of FCC, also today approved, subject to shareholder approval, a 1- for- 6,500 reverse split of the common stock of Appalachian Life Insurance Company. Any shareholder of Appalachian Life Insurance Company who would otherwise receive a fractional share as a result of the reverse stock split will instead receive a cash payment based upon $6.50 per share (pre-reverse stock split) of Appalachian Life Insurance Company. If the reverse stock split is approved by its shareholders, Appalachian Life Insurance Company will become a wholly owned subsidiary of Universal Guaranty Life Insurance Company, a wholly owned subsidiary of FCC. Also, the board of directors of United Trust Group, Inc. today authorized the repurchase from time to time in the open market or in privately negotiated transactions of up to $1 million of United Trust Group's common stock. Repurchased shares will be available for future issuance for general corporate purposes.
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UTG (UTGN) 8-KCurrent Report
Filed: 6 Jun 01, 12:00am