axr8k062813.htm

AMREP Corporation

Date: June 28, 2013

/s/ Christopher V. Vitale

Christopher V. Vitale

Vice President, General Counsel and Secretary

0000006207-13-000024.txt : 20130628 0000006207-13-000024.hdr.sgml : 20130628 20130628161604 ACCESSION NUMBER: 0000006207-13-000024 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20130628 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20130628 DATE AS OF CHANGE: 20130628 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMREP CORP. CENTRAL INDEX KEY: 0000006207 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500] IRS NUMBER: 590936128 STATE OF INCORPORATION: OK FISCAL YEAR END: 0519 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04702 FILM NUMBER: 13941098 BUSINESS ADDRESS: STREET 1: 300 ALEXANDER PARK STREET 2: SUITE 204 CITY: PRINCETON STATE: NJ ZIP: 08540 BUSINESS PHONE: (609) 716-8200 MAIL ADDRESS: STREET 1: 300 ALEXANDER PARK STREET 2: SUITE 204 CITY: PRINCETON STATE: NJ ZIP: 08540 FORMER COMPANY: FORMER CONFORMED NAME: AMREP CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN REALTY & PETROLEUM CORP DATE OF NAME CHANGE: 19671019 8-K 1 axr8k062813.htm axr8k062813.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): June 28, 2013

AMREP CORPORATION

(Exact name of Registrant as specified in its charter)

Oklahoma	1-4702	59-0936128
(State or other jurisdiction of	(Commission File	(IRS Employer
incorporation)	Number)	Identification No.)

300 Alexander Park, Suite 204, Princeton, New Jersey	08540
(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code: (609) 716-8200

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions (see General Instruction A.2. below):

[ ]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ]	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events.

An announcement concerning the completion of AMREP Corporation’s rights offering is attached hereto as Exhibit 99.1 and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number	Description
99.1	Press release, dated June 28, 2013, issued by AMREP Corporation.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

EXHIBIT INDEX

Exhibit Number	Description
99.1	Press release, dated June 28, 2013, issued by AMREP Corporation.

EX-99 2 axr8k062813press.htm axr8k062813press.htm

EXHIBIT 99.1

FOR: 300 Alexander Park, Suite 204

Princeton, NJ 08540

(609) 716-8200

www.amrepcorp.com

CONTACT: Peter M. Pizza

Vice President and Chief Financial Officer

(609) 716-8210

AMREP COMPLETES RIGHTS OFFERING FOR

1,199,242 SHARES OF COMMON STOCK AT $6.25 PER SHARE

Princeton, New Jersey, June 28, 2013 – AMREP Corporation (the “Company”) (NYSE:AXR) has successfully completed its rights offering, which closed at 5:00 PM New York City time on June 27, 2013. The rights offering allowed existing shareholders of the Company to purchase an aggregate of 1,199,242 shares of the Company’s common stock at $6.25 per share. Rights were issued to shareholders of record as of May 31, 2013.

Preliminary results indicate that the rights offering was fully subscribed and raised gross proceeds of approximately $7.5 million. The rights offering is expected to result in the issuance of 1,199,242 shares of the Company’s common stock and, following such issuance, the Company expects to have 7,195,454 shares of common stock outstanding. The Company also reported that the demand for its shares in the rights offering exceeded the available shares being offered by approximately one million shares. Any excess subscription payments received by the subscription agent will be returned, without interest, as soon as practicable.

About AMREP Corporation

The Company’s Media Services business, conducted by its Kable Media Services, Inc. and Palm Coast Data LLC subsidiaries, distributes magazines to wholesalers and provides subscription and product fulfillment and related services to publishers and others, and its AMREP Southwest Inc. subsidiary is a major holder of real estate in New Mexico.

Forward-Looking Statements

This press release may contain certain forward-looking statements, including statements with regard to the gross proceeds expected to be raised in the rights offering, the number of shares expected to be issued as a result of the rights offering and the excess number of shares requested for subscription in the rights offering exceeding the available shares being offered in the rights offering. Words such as “believes,” “expects,” “projects,” and “future” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results to differ materially from those projected in these forward-looking statements, and some of these factors are enumerated in the filings the Company makes with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.