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UNITED STATES
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 March 7, 1996
(Date of earliest event reported)
ALLIED Group, Inc.
(Exact name of registrant as specified in its chapter)
Iowa 0-14243 42-0958655
(State of other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) Fine Number) Identification No.)
701 Fifth Avenue, Des Moines, Iowa 50391-2000
(Address of principal executive offices) (Zip Code)
515-280-4211
(Registrant's telephone number including area code)
The total number of pages contained herein is 3 .
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Item 5. Other Events.
On March 7, 1996, ALLIED Group, Inc. reported that the conversion of all of its
ESOP Convertible Preferred Stock to common stock has been completed. Attached
hereto and incorporated herein is the press release which is filed as Exhibit
20.1 to this Form 8-K.
Item 7. Financial Statements and Exhibits.
(c) Exhibits
20.2 Press release dated March 7, 1996
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.
ALLIED Group, Inc.
(Registrant)
/s/ Jamie H. Shaffer
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Jamie H. Shaffer, President (Financial)
(President Financial Officer and Principal
Accounting Officer)
Date: March 7, 1996
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EXHIBIT 20.2
ALLIED
LOGO
NEWS Release ALLIED Group, Inc.
For Immediate Release 701 5th Ave.
NASDAQ Symbol: ALGR Des Moines, IA 50391-2000
Contact: Jim Shaffer (515) 280-4326
ALLIED GROUP, INC. COMPLETES CONVERSION
Des Moines, Iowa, March 7, 1996--ALLIED Group, Inc. (Nasdaq symbol ALGR)
reported that the conversion of all its ESOP Convertible Preferred Stock to
common stock has been completed. After the conversion, the Company had 13.9
million shares of common stock issued and outstanding, and The ALLIED Group
Employee Stock Ownership Plan Trust held 4.4 million common shares. The
Company's market capitalization now stands at approximately $575 million.
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ALLIED Group, Inc. is a regional property-casualty insurance holding company
specializing in personal lines. The Company's property-casualty subsidiaries use
independent agencies, exclusive agencies, and direct response marketing to offer
products in central and western states. Information on ALLIED Group, Inc. is now
available at http://www.cprofiles.com, http://www.prnewswire.com/cnoc, and
http://www.cfonews.com/ALGR.
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