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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-C
REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
INTERDEALER QUOTATION SYSTEM
FILED PURSUANT TO SECTION 13 OR (15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934 AND RULE 13A-17
OR 15D-17 THEREUNDER
Winston Hotels, Inc.
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(Exact name of issuer as specified in charter)
2209 Century Drive, Suite 300, Raleigh, North Carolina 27612
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(Address of principal executive offices)
Issuer's telephone number, including area code (919) 510-6010
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I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of 5% or more in the number of
shares outstanding:
1. Title of Security Common stock, par value $.01
2. Number of shares outstanding before the change 9,913,217
3. Number of shares outstanding after the change 15,663,217
4. Effective date of change June 28, 1996
5. Method of change: Specify method (such as merger, acquisition, exchange,
distribution, stock split, reverse split, acquisition of stock for treasury,
etc.)
Increase in shares of Common Stock outstanding, resulting from
underwritten public offering of Common Stock.
Give brief description of transaction: Issuance of 5,750,000 shares
pursuant to a public offering of Common Stock which was consummated with
respect to 5,000,000 shares on June 26, 1996 and with respect to 750,000 shares
on June 28, 1996.
II. CHANGE IN NAME OF ISSUER
1. Name prior to change __________________________________________________
2. Name after change _____________________________________________________
3. Effective date of charter amendment changing name _____________________
4. Date of shareholder approval of change, if required ___________________
Date: July 8, 1996 /s/ Philip R. Alfano, Chief Financial
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Officer, Senior Vice President and Secretary
[NAME/TITLE HERE]
