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U. S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25 NOTIFICATION OF LATE FILING
(Check One):
[ ] Form 10-K [ ] Form 20-F [x] Form 11-K [ ] Form 10-Q
[ ] Form N-SAR
For Period Ended: December 31, 1993
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended:............................
Nothing in this form shall be construed to imply that the
Commission has verified any information contained herein.
If the notification relates to a portion of the filing checked
above, identify the Item(s) to which the notification
relates:......................................................
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PART I-REGISTRANT INFORMATION
RE CAPITAL CORPORATION
Two Stamford Plaza, P.O. Box 10148, Stamford, Connecticut
06904-2148
(Name of Registrant and the address of its Principal
Executive Office)
PART II-RULES 12B-25(B) AND (C)
If the subject report could not be filed without unreasonable
effort or expense and the registrant seeks relief pursuant to
Rule 12b-25(b), the following should be completed. (Check box if
appropriate).
[x] (a) The reasons described in reasonable detail in Part
III of this form could not be eliminated without
unreasonable effort or expense;
[x] (b) The subject annual report, semi-annual report,
transition report on Form 10-K, Form 20-F, 11-K or
Form N-SAR, or portion thereof will be filed on or
before the fifteenth calendar day following the
prescribed due date; or the subject quarterly
report or transition report on Form 10-Q, or
portion thereof will be filed on or before the
fifth calendar day following the prescribed due
date; and
[ ] (c) The accountant's statement or other exhibit
required by the Rule 12b-25(c) has been attached if
applicable.
PART III-NARRATIVE
During June 1994, the Registrant was notified that the Trustee for the Re
Capital Corporation Employee Savings Plan (the "Plan") had elected not to
engage independent auditors to perform an examination in accordance with
Statement on Auditing Standards No. 70, "Reports on the Processing of
Transactions by Service Organizations". Accordingly, the Registrant has
deemed it necessary to perform a more comprehensive review of the Trustee's
statements in order to complete the financial statements of the Plan.
PART IV-OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to
this notification.
R. Richard Mueller (203) 977-6131
(Name) (Area Code) (Telephone Number)
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(2) Have all other periodic reports required [x] Yes [ ] No
under Section 13 or 15(d) of the Securities
Exchange Act of 1934 or Section 30 of the
Investment Company Act of 1940 during the
preceeding 12 months or for such shorter
period that the registrant was required to
file such reports been filed? If answer is
no identify report(s).
(3) Is it anticipated that any significant [ ] Yes [x] No
change in results of operations from the
corresponding period for the last fiscal
year will be reflected by the earnings
statements to be included in the subject
report or portion thereof?
If so: attach an explanation of the
anticipated change, both narratively and
quantitatively, and, if appropriate, state
the reasons why a reasonable estimate of
the results cannot be made.
RE CAPITAL CORPORATION
(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.
Date: June 30, 1994 By: /s/ R. Richard Mueller
