Item 8.01 Other Events.
At the Annual Meeting of Shareholders of Seacoast Banking Corporation of Florida
("Seacoast" or the "Company") held on June 18, 2009 and adjourned to June 30,
2009 (the "Annual Meeting"), Proposal 3 presented at the Annual Meeting did not
receive the requisite number of affirmative votes for approval. If approved,
Proposal 3 will amend the Articles of Incorporation to restate Article VII to
eliminate ambiguity, reduce the scope of the definition of "Business
Combinations" and reduce the scope of the requirement for supermajority
shareholder approvals, including deleting the term "independent majority of
shareholders". Consequently, as provided under Proposal 7 presented at the
Annual Meeting and previously approved by shareholders, the Annual Meeting was
adjourned to July 17, 2009 solely for the purpose of allowing the Company to
seek additional favorable votes for Proposal 3.
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