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: January 11, 1999
(Date of earliest event reported)
NORTH EAST INSURANCE COMPANY
(Exact name of registrant as specified in its charter)
Maine 0-11184 01-0278387
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File No.) Identification No.)
482 Payne Road, Scarborough, Maine 04074
(Address of principal executive offices) (Zip code)
Registrant's telephone number: (207) 883-2232
Item 5. Other Events.
On January 11, 1999 the Registrant announced a further extension of its
rights offering. A copy of the Registrant's press release announcing the
extension is filed as an exhibit to this report.
Item 6. Financial Statements and Exhibits.
(c) Exhibits.
99.1 Press release dated January 11, 1999 of
Registrant, announcing further extension
of rights offering
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.
NORTH EAST INSURANCE COMPANY
Date: January 11, 1999 By: /s/ Robert G. Schatz
President and Chief
Executive Officer
INDEX TO EXHIBITS
Exhibit
Number Description
- ------- -----------
99.1 Press release dated January 11, 1999 of
Registrant, announcing further extension
of rights offering
NORTH EAST INSURANCE COMPANY
P.O. Box 1418
Scarborough, Maine 04070-1418
Tel - 207/883-2232 Fax - 207/883-1564 www.neins.com
For Immediate Release
Contact: Robert G. Schatz
President/Chief Executive Officer
NORTH EAST INSURANCE COMPANY
EXTENDS RIGHTS OFFERING
SCARBOROUGH, MAINE, January 11, 1999 - NORTH EAST INSURANCE COMPANY (NASDAQ
Symbol: NEIC) today announced that it has further extended its rights
offering. The offering is now scheduled to expire at 5:00 p.m. Eastern time
on Tuesday, January 26, 1999.
Under the pending rights offering, shareholders who owned NEIC common stock
on November 9, 1998 may subscribe for additional shares at $2.25 per share.
North East Insurance Company is a property and casualty insurer located in
Scarborough, Maine. Its common stock has been publicly traded since 1981.
