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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 17, 1998
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Arden Group, Inc.
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(Exact Name of Registrant as Specified in Its Charter)
Delaware 0-9904 95-3163136
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(State or Other (Commission File Number) (I.R.S. Employer
Jurisdiction of Incorporation) Identification No.)
2020 South Central Avenue, Compton, California 90220
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(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, Including Area Code (310) 638-2842
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(Former Name or Former Address, if Changed Since Last Report.)
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Item 5. Other Events.
On June 17, 1998, Arden Group, Inc. (the "Company") issued a press
release (1) stating that, on such date, the Company's Board of Directors
authorized a four-for-one stock split of each of the Company's Class A Common
Stock and Class B Common Stock through the declaration of a stock dividend of
three shares of Class A Common Stock for each share of Class A Common Stock,
and three shares of Class B Common Stock for each share of Class B Common
Stock, held by stockholders of record at the close of business on June 29,
1998 and (2) reporting the results of the vote on the proposals considered at
the Annual Meeting of Stockholders held on June 17, 1998. A copy of such
press release is included as Exhibit 99 to this Form 8-K.
Item 7. Financial Statements and Exhibits.
(c) Exhibits
99. Press release dated June 17, 1998.
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.
ARDEN GROUP, INC.
(Registrant)
Date: June 22, 1998 By /s/ Ernest T. Klinger
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Ernest T. Klinger, Vice President
Finance and Administration
and Chief Financial Officer
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EXHIBIT INDEX TO FORM 8-K
ARDEN GROUP, INC.
NUMBER ITEM PAGE
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99 Press release dated June 17, 1998
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[LETTERHEAD]
EXHIBIT 99
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CONTACT: Ernest T. Klinger
Vice President & CFO FULL NATIONAL and
TELEPHONE: 310/638-2842 FULL ANALYST WIRE
NASDAQ/NMS-ARDNA -----------------
FOR IMMEDIATE RELEASE
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LOS ANGELES, CA June 17, 1998 - Arden Group, Inc. announced that,
following the Company's annual meeting of stockholders held today, the Board
of Directors of the Company authorized a four-for-one stock split of the
Company's Class A Common Stock and Class B Common Stock through the
declaration of a stock dividend of three shares of Class A Common Stock for
each share of Class A Common Stock, and three shares of Class B Common Stock
for each share of Class B Common Stock, held by stockholders of record at the
close of business on June 29, 1998. The stock splits are being made in order
to continue the listing of the Class A Common Stock on the Nasdaq National
Market System. The Company anticipates that it will distribute the shares
being issued in connection with the stock splits to the stockholders entitled
thereto on or about July 15, 1998.
The Company further announced that at the annual meeting of stockholders
the Company's nominees for the Board of Directors were each re-elected for a
three-year term, the bonus arrangement for Bernard Briskin, Chairman of the
Board, President and Chief Executive Officer of the Company was approved, a
proposal to increase the authorized number of shares of Class A Common Stock
from 5,000,000 to 10,000,000 shares and the authorized number of shares of
the Class B Common Stock from 500,000 to 1,500,000 was approved and the
selection of Coopers & Lybrand L.L.P. as the independent public accountants
for the Company was ratified.
Arden Group, Inc. operates 13 Gelson's and Mayfair supermarkets in
Southern California.