SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
-----------------------------------
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES ACT OF 1934
Date of Report (Date of earliest event reported): June 29, 1999
M.D.C. Holdings, Inc.
------------------------------------------------------
(Exact name of registrant as specified in its charter)
Delaware 1-8951 84-0622967
- ----------------- -------------------- -------------------
(State or other (Commission file number) (I.R.S. employer
jurisdiction of identification no.)
incorporation)
3600 South Yosemite Street, Suite 900, Denver, Colorado 80237
- -------------------------------------------------------- ---------
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (303) 773-1100
------------------------------------------------------------------
Not Applicable
-----------------------------------------------------------------
(Former name or former address, if changed since last report.)
<PAGE>
ITEM 5. OTHER EVENTS
On July 2, 1999 the Registrant issued the press release attached as
Exhibit 99.1 to this Current Report on Form 8-K.
<PAGE>
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 thereunto duly authorized.
-------------------
M.D.C. HOLDINGS, INC.
By: /s/ Paris G. Reece III
-----------------------------
Paris G. Reece III
Executive Vice President and
Dated: July 2, 1999 Chief Financial Officer
EXH. 99.1
MDC HOLDINGS ANNOUNCES CHANGES TO
SENIOR MANAGEMENT TEAM
DENVER, Friday, July 2, 1999 - Larry A. Mizel, Chairman of the Board
and Chief Executive Officer of M.D.C. Holdings, Inc. (NYSE/PCX: MDC), today
announced that MDC's Board of Directors promoted members of MDC's senior
management team. David D. Mandarich, formerly Executive Vice President - Real
Estate and Chief Operating Officer, was named President and Chief Operating
Officer. Paris G. Reece III was promoted to Executive Vice President and Chief
Financial Officer from Senior Vice President and Chief Financial Officer, and
Michael Touff, formerly Vice President and General Counsel, was named Senior
Vice President and General Counsel.
MDC is one of the largest homebuilders in the United States, building
homes under the name Richmond American Homes. The Company also provides mortgage
financing, primarily for MDC's home buyers, through its wholly owned subsidiary,
HomeAmerican Mortgage Corporation. MDC is a major regional homebuilder with a
significant presence in some of the country's best housing markets. The Company
is the largest homebuilder in metropolitan Denver; among the top five
homebuilders in Northern Virginia, Tucson and Colorado Springs; among the top
ten homebuilders in Southern California, Phoenix, suburban Maryland and Las
Vegas; and has a growing presence in the San Francisco Bay area.
-### -
