UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________
FORM 6-K
_______________
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a(16) OR 15d(16) OF THE
SECURITIES EXCHANGE ACT OF 1934
November 3, 2000
CREO PRODUCTS INC.
(Exact name of Registrant as specified in
its charter)
3700 Gilmore Way
Burnaby, B.C. Canada V5G 4M1
(Address of principal executive offices)
(Indicate by check mark whether the registrant
files or will file annual reports under cover Form 20-F or Form 40-F.)
Form 20-F [ X ]
Form 40-F
[ ]
(Indicate by check mark whether the registrant by
furnishing the information contained in this Form is also thereby
furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)
Yes [ ]
No
[ X ]
FORM 27
MATERIAL CHANGE REPORT UNDER SECTION 85(1) OF THE
SECURITIES ACT (BRITISH COLUMBIA)
MATERIAL CHANGE REPORT UNDER
SECTION 75(2) OF THE SECURITIES ACT (ONTARIO)
1. Reporting Issuer
CREO PRODUCTS INC.
("Creo")
3700 Gilmore Way
Burnaby, British
Columbia
V5G 4M1
2. Date of Material Change
October 31, 2000
3. Press Release
Date of Issuance:
October 31, 2000
Place of Issuance:
Vancouver, British Columbia
4. Summary of Material Change
Creo Products Inc. (NASDAQ:
CREO, TSE: CRE) ('Creo') announced that it has completed a further (US)$32
million investment in
printCafe Inc., an Internet-based, business-to-business communication solution
tailored
specifically for the
printing and graphic arts industries.
5. Full Description of Material Change
Creo has completed a further
(US)$32 million investment in printCafe, Inc. as part of a larger (US)$62.5
million
private placement
completed by printCafe, Inc. with both existing and new investors. Through a
wholly owned
subsidiary, Creo has
acquired 8,000,000 shares of non-voting Series E-3 Preferred stock in the capital
of
printCafe at a purchase
price of (US)$4.00 per share. The aggregate investment was satisfied by a further
investment of (US)$5
million, conversion of a note in the principal amount of (US)$5 million and the
issuance of
692,433 Common shares
of Creo at a deemed price per share of (US)$31.77.
6. Reliance on Section 85(2) of the
Securities Act (British Columbia)/Section 75(3) of
the Securities Act
(Ontario)
Not applicable.
7. Omitted Information
Not applicable.
8. Senior Officers
For further information
contact:
Amos Michelson
Creo Products Inc.
3700 Gilmore Way
Burnaby, BC
V5G 4M1
Telephone:
(604) 451-2700
Facsimile:
(604) 419-4798
9. Statement of Senior Officer
The foregoing accurately
discloses the material change referred to herein.
DATED at Vancouver, British Columbia this 2nd day of November, 2000.
CREO PRODUCTS INC.
Per: "Amos Michelson"
(Authorized Signatory)
Amos Michelson
Chief Executive Officer
(Print Name and Title)
© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission