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) September 4, 2003
Owens & Minor, Inc.
(Exact name of Registrant as specified in charter)
Virginia | 1-9810 | 54-1701843 | ||
(State or other jurisdiction of incorporation) |
(Commission file number) | (IRS employer identification no.) | ||
4800 Cox Road, Glen Allen, Virginia | 23060 | |||
(Address of principal executive offices) | (Zip code) |
Registrants telephone number, including area code (804) 747-9794
Not applicable
(Former name or former address, if changed since last report)
Item 5. | Other Events. |
On August 5, 2003, Owens & Minor, Inc. (the Company) announced the call for redemption of all of the outstanding $2.6875 Term Convertible Securities, Series A (TECONS) issued by Owens & Minor Trust I, a business trust owned by the Company. The redemption date for the TECONS was September 4, 2003. The TECONS called for redemption were convertible into Owens & Minors common shares at any time prior to the close of business on September 3, 2003 at the conversion rate of 2.4242 common shares for each TECONS (equal to a conversion price of $20.625 per common share).
On September 4, 2003, the Company issued a press release, attached as Exhibit 99.1 hereto, which is incorporated herein by reference, reporting the conversion of 2,086,771 of the outstanding TECONS into Owens & Minors common shares by the close of business on September 3, 2003. An aggregate of 2,086,771 TECONS were converted into an aggregate of 5,058,725 newly-issued shares of the Companys common stock. The remaining 535 TECONS were redeemed on September 4, 2003, at a redemption price of 102.0156% of the liquidation amount (or $51.01 per $50 TECONS) thereof, plus accumulated and unpaid distributions to September 4, 2003. As of August 4, 2003 there were an aggregate of 2,087,306 TECONS outstanding (or $104,365,300 aggregate liquidation amount). The Company funded the redemption of the TECONS not converted to equity from its available cash.
Item 7. | Financial Statements, Pro Forma Financial Information and Exhibits. |
(c) Exhibits.
99.1 | Press Release issued by the Company on September 4, 2003. |
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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 hereunto duly authorized.
Date: September 5, 2003
OWENS & MINOR, INC. | ||
By: |
/s/ Grace R. den Hartog | |
Grace R. den Hartog Senior Vice President General Counsel |
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