SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of July, 1999
HOLLINGER INC.
(Translation of registrant's name into English)
10 Toronto Street
Toronto, Ontario M5C 2B7
CANADA
(Address of principal executive offices)
(Indicate by check mark whether the registrant files or
will file annual reports under cover of Form 20-F or Form 40-F.)
Form 20-F Form 40-F x
(Indicate by check mark whether the registrant by furnishing the
information contained in this form is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.)
Yes No x
<PAGE>
EXHIBIT LIST
Sequential
Exhibit Description Page Number
- ------- ----------- -----------
99.1 Press Release dated July 12, 1999 5
of Hollinger Inc.
<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.
HOLLINGER INC.
Date: July 13, 1999 by
/s/ Charles G. Cowan, Q.C.
------------------------------
Name: Charles G. Cowan, Q.C.
Title: Vice President and
Secretary
HOLLINGER INC.
PRESS RELEASE
RIGHTS OFFERING EXPIRES -
NUMBER OF RETRACTABLE COMMON SHARES ISSUED
Toronto, Canada, July 12, 1999: -- Hollinger Inc.
("Hollinger") (TSE, ME, VSE: HLG.C; Nasdaq: HLGCF) announces that at
the expiry on July 9, 1999 of the rights to purchase its retractable
common shares, holders subscribed for a total of 4,282,043 retractable
common shares, for gross proceeds of approximately $75,000,000. Under
the rights offering, holders of Hollinger retractable common shares
received one right for each Hollinger retractable common share held by
them, and five rights entitled a holder to purchase one retractable
common share at a subscription price of $17.50. The Ravelston
Corporation Limited exercised the rights controlled by it to subscribe
for 4,160,260 retractable common shares for gross proceeds of
$72,804,550. After giving effect to the exercise of rights, there will
be issued and outstanding approximately 37,173,427 retractable common
shares of which approximately 67% will be held by entities controlled
by the Hon. Conrad M. Black.
The net proceeds of the rights offering will be used to
repay bank indebtedness.
Hollinger is a Canadian-based international newspaper
company that, through its subsidiaries, is engaged in the publishing,
printing and distribution of newspapers and magazines in the United
Kingdom, the United States, Canada and Israel. Web sites are operated
at all of its major newspapers. It owns the Canada.com national portal
site and a variety of other specialized sites. Through its Hollinger
Digital subsidiary, it has taken investment positions in various
Internet-based companies.
For further information please call:
J.A. Boultbee Peter Y. Atkinson
Executive Vice-President and CFO Vice-President and General Counsel
Hollinger Inc. Hollinger Inc.
(416) 363-8721 (416) 363-8721
