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SCBT > SEC Filings for SCBT > Form 8-K on 4-Dec-2012All Recent SEC Filings

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Form 8-K for SCBT FINANCIAL CORP


4-Dec-2012

Submission of Matters to a Vote of Security Holders


Item 5.07 Submission of Matters to a Vote of Security Holders

On November 30, 2012, SCBT Financial Corporation ("SCBT") held a special meeting of Shareholders (the "special meeting") in Columbia, South Carolina. At the special meeting, there were present in person or by proxy 11,275,871 shares of SCBT's common stock, representing 74.56% of the total outstanding eligible votes. At the special meeting, the shareholders of SCBT were asked to vote on
(1) the issuance of SCBT common stock to The Savannah Bancorp, Inc. ("SAVB") shareholders in connection with the merger of SAVB with and into SCBT (the "Merger") and (2) the meeting adjournment proposal. The voting results for each proposal are as follows:



(1) Approval of a proposal to issue shares of SCBT common stock to SAVB shareholders in connection with the merger:

                                   % of Shares   % of Shares
                        Votes      Outstanding      Voted

Voting For            11,209,178         74.12 %       99.41 %
Voting Against            46,428          0.31 %        0.41 %
Abstain From Voting       20,265          0.13 %        0.18 %
Total                 11,275,871         74.56 %      100.00 %

(2) Approval of the adjournment of the SCBT special meeting, if necessary or appropriate, to solicit additional proxies, in the event that there are not sufficient votes at the time of the special meeting to approve Proposal No. 1.

Proposal No. 2 was withdrawn, as sufficient votes were cast at the special meeting to approve Proposal No. 1.


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