-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VkMpLPoKoKe9MhBGXK7tOebR9PXkkUhcdwkWjDIxr+SuraEVSxiMUXxiwVFZS3AA aThpvU0jOkzCPWe47idOeg== 0000106455-99-000012.txt : 19990422 0000106455-99-000012.hdr.sgml : 19990422 ACCESSION NUMBER: 0000106455-99-000012 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990421 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WESTMORELAND COAL CO CENTRAL INDEX KEY: 0000106455 STANDARD INDUSTRIAL CLASSIFICATION: BITUMINOUS COAL & LIGNITE MINING [1220] IRS NUMBER: 231128670 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: SEC FILE NUMBER: 001-11155 FILM NUMBER: 99598026 BUSINESS ADDRESS: STREET 1: 2 NORTH CASCADE AVENUE 14TH FLOOR STREET 2: 200 S BROAD ST CITY: COLORADO SPRINGE STATE: CO ZIP: 80903 BUSINESS PHONE: 7194422600 MAIL ADDRESS: STREET 1: 2 N CASCADE AVE STREET 2: # 14THFL CITY: COLORADO SPRINGS STATE: CO ZIP: 80903-1614 DEFA14A 1 DEFA14A SCHEDULE 14A (RULE 14a-101) SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant |X| Filed by a Party other than the Registrant |_| Check the appropriate box: |_| Preliminary Proxy Statement |_| Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |_| Definitive Proxy Statement |X| Definitive Additional Materials |_| Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12 WESTMORELAND COAL COMPANY ------------------------- (Name of Registrant as Specified In Its Charter) ------------------------------------------------------------------------ (Name of Person(s) Filing Proxy Statement, if Other Than the Registrant) Payment of Filing Fee (Check the Appropriate Box): |X| No fee required. |_| Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11 (1) Title of each class of securities to which transaction applies: (2) Aggregate number of securities to which transaction applies: (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): (4) Proposed maximum aggregate value of transaction: (5) Total fee paid: |_| Fee paid previously with preliminary materials. |_| Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. (1) Amount Previously Paid: (2) Form, Schedule or Registration Statement No.: (3) Filing Party: (4) Date Filed: Dear Fellow Shareholders: We have achieved another important milestone in our drive to enhance shareholder value. On Friday, April 16, 1999, I had the pleasure of ringing the opening bell at the American Stock Exchange ("AMEX"), where, at 11:30 a.m., Westmoreland's Common Stock and Depositary Shares began trading. Enclosed is a press release which announced the relisting of our stock on this long-standing, major exchange. Our new trading symbols are WLB and WLB.pr for the Common Stock and Depositary Shares, respectively. Acceptance for listing is confirmation of the market's growing confidence in the Company. Listing on the AMEX should have a number of important benefits for you and the Company: o As an auction market, the AMEX relies upon specialists to help assure a fair, orderly and liquid market in the Company's stock. We have selected one of the top specialist firms on the AMEX, AGS Specialist Partners, to fill this important role for Westmoreland. o Listing gives the Company increased visibility in the financial markets and the business community generally. o Listing provides you and other interested parties an easy and widely available means for tracking the Company's stock performance. The listing was made possible in part by the successful completion of the basic restructuring phase of our turnaround plan and the Company's return to a solid financial footing. Combined with other significant recent events such as the opportunistic sale of the Rensselear Power Project at a substantial profit (thanks to our successful negotiations with the UMWA Retiree Funds to free this asset from Coal Act liabilities), and completion of our tender offer for nearly half of the Depositary Shares, relisting of the Common Stock and Depositary Shares demonstrates our commitment to delivering the highest value possible to you, our shareholders, whenever and wherever possible. We look forward to continuing this pursuit on your behalf. Just in case you have not yet returned your white proxy card for the upcoming shareholders' meeting, we have enclosed another one with this letter. Your vote is very important. Please take a moment to sign the card in support of your Company and return it in the enclosed postage paid envelope. Sincerely, /s/ Christopher K. Seglem - ------------------------------- Christopher K. Seglem Chairman of the Board -- President and CEO -----END PRIVACY-ENHANCED MESSAGE-----