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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 (Date of earliest event reported): NOVEMBER 13, 2000
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KOGER EQUITY, INC.
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(Exact Name of Registrant as Specified in Its Charter)
FLORIDA
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(State or Other Jurisdiction of Incorporation)
1-9997 59-2898045
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(Commission File Number) (IRS Employer Identification No.)
8880 FREEDOM CROSSING TRAIL
JACKSONVILLE, FLORIDA 32256
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(Address of Principal Executive Offices) (Zip Code)
(904) 732-1000
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(Registrant's Telephone Number, Including Area Code)
NA
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(Former Name or Former Address, if Changed Since Last Reports)
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ITEM 5. OTHER EVENTS.
On November 13, 2000, Koger Equity, Inc. reported on its financial results and
other activities for its fiscal quarter ended September 30, 2000. On November
14, 2000, Koger Equity, Inc. announced that during the fourth quarter of 2000,
the final stage of a previously announced restructuring involving staff
reductions, there would be an additional one-time charge of $2.6 million, which
charge will reduce the Company's Funds From Operations by $2.2 million or $0.08
per share. For further information concerning these matters, see the Company's
news releases, dated November 13, 2000, and November 14, 2000, which are
Exhibits 99(a) and 99(b), respectively, to this Report and are incorporated
herein by reference.
For more information on Koger Equity, Inc., contact the company at 904-732-1000
or visit its Web site at www.koger.com.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(C) EXHIBITS
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<CAPTION>
EXHIBIT
NUMBER DESCRIPTION OF EXHIBIT
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99(a) Koger Equity, Inc. News Release, dated November 13, 2000.
99(b) Koger Equity, Inc. News Release, dated November 14, 2000.
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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.
KOGER EQUITY, INC.
Dated: November 14, 2000 By: /s/ Robert E. Onisko
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Robert E. Onisko
Title: Chief Financial Officer
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EXHIBIT INDEX
The following designated exhibits are filed herewith:
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<CAPTION>
EXHIBIT
NUMBER DESCRIPTION OF EXHIBIT
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<S> <C>
99(a) Koger Equity, Inc. News Release, dated November 13, 2000.
99(b) Koger Equity, Inc. News Release, dated November 14, 2000.
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