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: February 14, 1994
READING & BATES CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 1-5587 73-0642271
(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification No.)
incorporation)
901 Threadneedle, Suite 200, Houston, TX 77079
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (713) 496-5000
Item 7. Financial Statements and Exhibits
(c) Exhibits
Exhibit 99 - Supplement Number 1 to Prospectus dated 10-20-93
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 of the
undersigned thereunto duly authorized.
READING & BATES CORPORATION
By /s/T. W. Nagle
T. W. Nagle
Vice President & Chief Financial Officer
Dated: February 14, 1994
Exhibit 99
Rule 424(b)(3)
33-50565
SUPPLEMENT NUMBER 1 TO PROSPECTUS DATED OCTOBER 20, 1993
READING & BATES CORPORATION
31,533,614 Shares
Common Stock
The Prospectus dated October 20, 1993 is hereby supplemented by the
addition of the following information under the caption "SELLING STOCKHOLDERS"
therein.
SELLING STOCKHOLDERS
R&B Investment Partnership, L.P. (the "Partnership") has informed the
Company that it has (i) sold 7,698,657 Shares owned by it pursuant to the
Registration Statement in negotiated off-exchange transactions to 12 separate
entities and (ii) transferred 37,211 Shares, 3,487,296 Shares and 130,215 Shares
in private transactions to WHR Management Company, L.P. ("WHR"), the general
partner of the Partnership, Whitman Heffernan & Rhein Workout Fund, L.P.
("Workout"), a limited partner of the Partnership, and R&B Investment
Partnership II, L.P. (the "Partnership II"), a limited partner of the
Partnership, respectively. The Partnership has informed the Company that WHR
is the general partner of the Partnership, Workout and the Partnership II. As
of February 9, 1994, Shares held by the Partnership, WHR, Workout and the
Partnership II and registered for resale under the Registration Statement were
as follows:
<TABLE>
<CAPTION>
Percent of
total shares
Number of Number of outstanding
Number of shares which shares beneficially
shares may be offered beneficially owned upon
Selling beneficially pursuant to owned if all completion
Stockholder owned this Prospectus shares are sold of offering
- ----------------- ------------ --------------- --------------- ------------
<S> <C> <C> <C> <C>
R&B Investment 178,668 178,668 0 *
Partnership, L.P.
WHR Management 127,211 127,211 0 *
Company, L.P.
Whitman Heffernan 3,487,296 3,487,296 0 *
& Rhein Workout
Fund, L.P.
R&B Investment 130,215 130,215 0 *
Partnership II, L.P.
</TABLE>
The date of this Prospectus Supplement is February 9, 1994.
