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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
PURSUANT TO SECTION 12, 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): September 21, 1998
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PMC COMMERCIAL TRUST
(Exact name of Registrant as specified in its Charter)
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TEXAS 0-22148 75-6446078
(State or other jurisdiction (Commission file number) (I.R.S. Employer Identification
of incorporation or organization) Number)
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17290 Preston Road
3rd Floor
Dallas, Texas 75252
(Address of principal executive offices)
Registrant's telephone number, including area code: (972) 349-3200
Not Applicable
(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS.
Effective September 21, 1998, PMC Commercial Trust and Supertel
Hospitality, Inc. amended the Agreement and Plan of Merger dated June 3, 1998
to extend certain items therein by 30 days. A copy of the amendment,
incorporated herein by this reference, is attached as an exhibit hereto.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
99.1 Amendment dated September 21, 1998 to the Agreement and Plan
of Merger, dated as of June 3, 1998, by and between PMC
Commercial Trust and Supertel Hospitality, Inc.
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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 hereunto duly authorized.
Date: September 25, 1998 PMC COMMERCIAL TRUST
By: /s/ Lance B. Rosemore
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Lance B. Rosemore
President and Chief Executive Officer
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PMC COMMERCIAL TRUST
INDEX TO EXHIBITS
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EXHIBIT PAGE
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99.1 Amendment dated September 21, 1998 to the Agreement and Plan
of Merger, dated as of June 3, 1998, by and between PMC
Commercial Trust and Supertel Hospitality, Inc.
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AMENDMENT DATED SEPTEMBER 21, 1998
TO
AGREEMENT AND PLAN OF MERGER
This Amendment, dated as of September 21, 1998 (the "Amendment"),
amends that certain Agreement and Plan of Merger dated as of June 3, 1998 by
and between PMC Commercial Trust and Supertel Hospitality, Inc. (the "Merger
Agreement").
1. Extension of Time. The parties hereby agree to extend the
date with respect to certain matters by amending the following provisions of
the Merger Agreement as set forth below:
(i) Section 10.2(a) is hereby amended to replace the date
"November 30, 1998" with the date "December 31, 1998";
(ii) Sections 10.3(c) and (d) are each respectively amended to
replace the dates "October 31, 1998" with "November 30, 1998"; and
(iii) Sections 10.4(b) and (c) are each respectively amended to
replace the dates "October 31, 1998" with "November 30, 1998"; and
(iv) Section 8.21 is hereby amended to replace "December 31, 1998"
with "January 31, 1999."
2. No Further Amendments. Except as provided above, the Merger
Agreement is not further amended.
IN WITNESS WHEREOF, the parties have executed this Agreement and
caused the same to be duly delivered on their behalf on the day and year first
written above.
PMC COMMERCIAL TRUST
By: /s/ Lance B. Rosemore
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Lance B. Rosemore
President and Chief Executive Officer
SUPERTEL HOSPITALITY, INC.
By: /s/ Paul J. Schulte
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Paul J. Schulte
President and Chief Executive Officer
