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| TG > SEC Filings for TG > Form 8-K on 1-Jul-2009 | All Recent SEC Filings |
1-Jul-2009
Entry into a Material Definitive Agreement, Material Modification to Rights of Secu
Following the approval of its Board of Directors, Tredegar Corporation, a Virginia corporation (the "Company"), entered into an Amended and Restated Rights Agreement, dated as of June 30, 2009, between the Company and National City Bank, as Rights Agent (the "Amended and Restated Rights Agreement"). The principal amendments in the Amended and Restated Rights Agreement are the extension of the final expiration date of the Company's Preferred Stock Purchase Rights (the "Rights") from the close of business on June 30, 2009 to the close of business on June 30, 2019 and the amendment of the definition of Distribution Date. Under the Amended and Restated Rights Agreement, the Distribution Date will occur on the earlier of (i) 10 business days following a public announcement that a person or group of affiliated or associated persons (an "Acquiring Person") has acquired, or obtained the right to acquire, beneficial ownership of 10% or more of the outstanding shares of the Company's common stock or (ii) the date designated by the Company's Board of Directors following the commencement of, or first public disclosure of an intent to commence, a tender or exchange offer that would result in a person or group beneficially becoming an Acquiring Person. Previously issued Rights that are appurtenant to shares of the Company's common stock outstanding at the effective time of the Amended and Restated Rights Agreement remain outstanding.
The foregoing summary of the Amended and Restated Rights Agreement is qualified in its entirety by reference to the full text of the Amended and Restated Rights Agreement incorporated herein by reference to Exhibit 1 to Amendment No. 2 to the Company's Registration Statement on Form 8-A/A filed with the Securities and Exchange Commission (the "SEC") on June 30, 2009.
The information set forth in Item 1.01 above is incorporated herein by reference.
(d) Exhibits
99.1 Amended and Restated Rights Agreement, dated as of June 30, 2009, between Tredegar Corporation and National City Bank, as Rights Agent (filed as Exhibit 1 to Amendment No. 2 to the Company's Registration Statement on Form 8-A/A (File No. 1-10258), as filed with the SEC on July 1, 2009, and incorporated herein by reference).
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