UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20459
Final Amendment to
Schedule
13E-4
ISSUER TENDER OFFER STATEMENT
(PURSUANT TO SECTION 13(e)(1)
OF THE SECURITIES EXCHANGE ACT OF 1934)
COMMUNITY BANCORP, INC.
(Name of Issuer and Person Filing Statement)
COMMON STOCK, $2.50 PAR VALUE
(Title of Class of Securities)
203426101
(CUSIP Number of Class of Securities)
Donald R. Hughes, Jr.
Clerk
17 Pope Street
Hudson, MA 01749
(508) 568-8321
(Name, Address and Telephone Number of Person
Authorized to Receive Notices
and
Communications on Behalf of the Person Filing the Statement)
COPY TO:
David F. Hannon, Esquire
Craig and Macauley
Professional Corporation
600 Atlantic Avenue
Boston, MA 02210
September 13, 1996
(Date Tender Offer, Proration Period,
and Withdrawal Rights Expired)
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Amount Previously Paid: $400.00 Filing Party: Issuer
Form of Registration No.: 13E-4 Date Filed: August 15, 1996
This Final Amendment amends and supplements the Issuer Tender Offer
Statement on Schedule 13E-4 (the "Statement"), dated August 15, 1996,
filed by Community Bancorp, Inc., a Massachusetts corporation (the
"Company"), relating to the Company's offer to purchase up to 222,222
per shares (the "Shares") (including the associated Preferred Share
Purchase Rights), at a price of $9.00 per share, net to the seller in
cash, all upon the terms and subject to the conditions set forth in the
Offer to Purchase, dated August 15, 1996 (the "Offer"), and related
Letter of Transmittal, copies of which are attached as Exhibits 99.(a)(1)
and 99.(a)(2), respectively, to the Statement.
Item 1. SECURITY AND ISSUER.
The Offer expired at 5:00 P.M., E.D.T., on Friday, September 13, 1996.
As provided in the Offer, the Company increased the number of Shares
sought in the Offer by approximately 1.1% of the outstanding Shares.
The Company purchased 257,665 at a purchase price of $9.00 per Share.
There was no proration.
Item 9. MATERIAL TO BE FILED AS EXHIBITS.
Item 9 is hereby amended to add the following Exhibit:
99.(a)(8) Letter to Shareholders of the Company from James A.
Langway, President and Chief Executive Officer, dated
September 18, 1996.
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SIGNATURE
After due inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and
correct.
COMMUNITY BANCORP. INC.
By: /s/James A. Langway
-------------------
Name: James A. Langway
Title: President and Chief Executive Officer
Dated: September 19, 1996
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INDEX TO EXHIBITS
Exhibit
Number Description
- ------- -----------
99.(a)(8) Letter to Shareholders of the Company from James A.
Langway, President and Chief Executive Officer,
dated September 18, 1996.
<PAGE>
[COMMUNITY BANCORP, INC. LETTERHEAD]
September 18, 1996
Dear Shareholder:
The Company's Offer to Purchase 222,222 shares of Community Bancorp,
Inc. common stock, dated August 15, 1996, expired at 5:00 p.m. on
September 13, 1996. A total of 257,665 shares were tendered pursuant to
this Offer.
Under the terms of the Offer to Purchase, the Company reserved the right
to purchase more than 222,222 shares in the event the Offer was
oversubscribed. The Board of Directors has therefore voted to authorize
the Company to purchase all 257,665 shares tendered, thereby eliminating
the proration of tendered shares that would otherwise be required. As a
result, all shares tendered under the Offer will be purchased by the
Company, reducing the number of outstanding shares from 3,192,677 to
2,935,012.
Checks to shareholders who tendered shares, representing the proceeds of
the sale of those shares to the Company at a per-share price of $9.00,
are expected to be mailed on or about September 27, 1996.
On September 17, 1996, the Company's Board of Directors declared a third
quarter 1996 cash dividend on common stock of $.064 per share to
shareholders of record on September 1, 1996. All shareholders of record
as of that date, including those who tendered shares pursuant to the
Offer to Purchase, will receive the Company's third quarter cash
dividend. The dividend is payable on October 15, 1996.
Sincerely,
/s/ James A. Langway
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James A. Langway
President and Chief Executive Officer
