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)
July 14, 1998
THISTLE GROUP HOLDINGS, CO.
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(Exact name of Registrant as specified in its Charter)
Pennsylvania 0-24353 23-2960768
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(State or other jurisdiction (SEC File No.) (IRS Employer
of incorporation) Identification
Number)
6060 Ridge Avenue, Philadelphia, Pennsylvania 19128
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (215) 483-2800
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Not Applicable
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(Former name or former address, if changed since last Report)
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INFORMATION TO BE INCLUDED IN REPORT
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Item 7. Financial Statements, Pro Forma Financial Information and
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Exhibits
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Exhibit 99.1 -- Press release regarding completion of stock
- ------------ offerings.
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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.
THISTLE GROUP HOLDINGS, CO.
Date: July 14, 1998 By: /s/John F. McGill, Jr.
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John F. McGill, Jr.
President and Chief
Executive Officer
EXHIBIT 99.1
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Thistle Group Holdings, Co.
Roxborough-Manayunk Federal
Savings Bank
Philadelphia, Pennsylvania Contact: John F. McGill, Jr.
President
(215) 483-2800
For Immediate Release
July 14, 1998
THISTLE GROUP HOLDINGS, CO.
ANNOUNCES COMPLETION OF STOCK OFFERINGS
Philadelphia, Pennsylvania -- July 14, 1998 -- John F. McGill, Jr.,
President of Thistle Group Holdings, Co. (the "Company"), Philadelphia,
Pennsylvania, the holding company of Roxborough- Manayunk Bank (the "Bank"),
announced today that FJF Financial, M.H.C. (the "Mutual Holding Company")
completed its mutual to stock conversion effective July 14, 1998.
In connection with the Conversion, the Company sold 7,856,370 shares of
Common Stock in Subscription and Community Offerings at $10.00 per share.
Furthermore, based on an independent appraisal, existing stockholders of Thistle
Group Holdings, Inc., other than the Mutual Holding Company, converted each
share of Thistle Group Holdings, Inc. into 5.5516 shares of Common Stock of the
Company.
The Common Stock of the Company began trading on the Nasdaq National
Market under the symbol "THTL" on July 14, 1998.
Sandler O'Neill & Partners, L.P. acted as agent for the
Company in connection with the Subscription and Community Offerings
The Bank is a federally chartered savings bank primarily engaged in
attracting deposits from the general public through its six offices and using
those and other available sources of funds to originate loans secured by one- to
four-family residential mortgages.
