SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities and Exchange Act of 1934
Date of Report: (Date of earliest event reported): August 22, 2003
RAMPART CAPITAL CORPORATION
(Exact name of registrant as specified in its charter)
TEXAS 1-15277 76-0427502
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(State of Incorporation) (Commission File Number) (IRS Employer
Identification No.)
16401 COUNTRY CLUB DRIVE
CROSBY, TEXAS
(Address of Registrant's principal executive offices)
(713) 223-4610
(Registrant's telephone number, including area code)
(NOT APPLICABLE)
(Former name or former address, if changed since last report)
ITEM 5. OTHER EVENTS
On August 22, 2003, Rampart Capital Corporation (the "Company") issued a
press release announcing a delay in the date of its 2003 annual meeting of
shareholders originally scheduled for September 3, 2003. The meeting is being
delayed to allow the board of directors and the special committee of the board
of directors to evaluate the effect, if any, of the recent foreclosure of two
real estate secured notes by one of the Company's subsidiaries on the terms of
the previously announced reverse stock split proposal to be presented to the
shareholders at the meeting.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL
INFORMATION AND EXHIBITS
(C) EXHIBITS
99.1 Press Release dated August 22, 2003.
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 thereunto duly authorized.
Date: August 22, 2003 RAMPART CAPITAL CORPORATION
By: /s/ J.H. Carpenter
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J.H. Carpenter,
President and
Chief Operating Officer
INDEX TO EXHIBITS
EXHIBIT DESCRIPTION OF EXHIBIT
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*99.1 Press Release, dated August 22, 2003
*FILED HEREWITH.
EXHIBIT 99.1
RAMPART CAPITAL CORPORATION REPORTS A DELAY IN ITS ANNUAL MEETING
Houston, Texas, August 22, 2003 -- Rampart Capital Corporation (the "Company")
(Amex: RAC) today announced a delay in the date of its 2003 annual meeting of
shareholders originally scheduled for September 3, 2003. The meeting is being
delayed to allow the board of directors and the special committee of the board
of directors to evaluate the effect, if any, of the recent foreclosure of two
real estate secured notes by one of the Company's subsidiaries on the terms of
the previously announced reverse stock split proposal to be presented to the
shareholders at the meeting. More information on the foreclosure is available
in the Company's Form 10-QSB for the second quarter of 2003, which is available
in the SEC's EDGAR database at www.sec.gov.
The board of directors will set a new meeting date, and likely a new record date
from our current August 4, 2003 record date, as soon as the date can be set with
certainty and the Company will issue a press release announcing the date.
THIS PRESS RELEASE CONTAINS FORWARD-LOOKING STATEMENTS UNDER FEDERAL SECURITIES
LAWS, INCLUDING STATEMENTS REGARDING RAMPART CAPITAL CORPORATION'S EXPECTED
FUTURE BUSINESS AND PROSPECTS. THESE FORWARD-LOOKING STATEMENTS ARE BASED UPON
CURRENT EXPECTATIONS AND INVOLVE CERTAIN RISKS THAT COULD CAUSE ACTUAL RESULTS
TO DIFFER MATERIALLY FROM ANY SUCH STATEMENT. THESE RISKS AND UNCERTAINTIES
INCLUDE (1) TIGHTENING OF CREDIT MARKETS, (2) VOLATILITY IN THE REAL ESTATE
MARKETS AND INTEREST RATES, (3) EMERGING COMPETITION, (4) CHANGES IN REGULATIONS
IN THE INDUSTRIES WE SERVE, (5) CHANGES IN GENERAL ECONOMIC CONDITIONS,
PARTICULARLY WITHIN THE REGIONS IN WHICH WE OPERATE, (6) MARKET VALUATION RISKS,
AND (7) TERRORIST ACTIVITIES.
CONTACT: RAMPART CAPITAL CORPORATION
Chuck Janke, Jim Carpenter, Charles Presley & Eileen Fashoro
at 713/223-4610