DEFA14A 1 a08-29163_1defa14a.htm DEFA14A

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 14A

 

Proxy Statement Pursuant to Section 14(a) of
the Securities Exchange Act of 1934 (Amendment No.     )

 

Filed by the Registrant  x

 

Filed by a Party other than the Registrant  o

 

Check the appropriate box:

o

Preliminary Proxy Statement

o

Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

o

Definitive Proxy Statement

x

Definitive Additional Materials

o

Soliciting Material Pursuant to §240.14a-12

 

VIST FINANCIAL CORP.

(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.

o

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:

 

 

 

o

Fee paid previously with preliminary materials.

o

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:

 

 

 

 



 

 

For Immediate Release

 

November 24, 2008

 

VIST Financial Receives Treasury Approval to Participate in the Capital Purchase Program

 

WYOMISSING, Pa. — VIST Financial Corp. (Nasdaq: VIST) announced today that the US Treasury granted preliminary approval to VIST for $25 million in capital as part of the U.S. Treasury Department’s Capital Purchase Program.

 

“We believe that participation in the Capital Purchase Program, which is targeted to qualifying financial institutions, is in the best interest of our shareholders,” said Robert D. Davis, President and Chief Executive Officer, VIST Financial. “While we are well-capitalized at the bank and holding company levels, the $25 million which is a low-cost option for generating capital, will further strengthen our balance sheet, fund future growth opportunities within our core banking and fee-based businesses and support our current operations,” he added.

 

Under the Capital Purchase Program, the Department of the Treasury plans to purchase up to $250 billion of senior preferred shares on a voluntary basis as part of an overall initiative to encourage U.S. financial institutions to build capital to increase the flow of financing to U.S. businesses and consumers and support the U.S. economy.

 

VIST Financial is a diversified financial services company headquartered in Wyomissing, PA, offering banking, insurance, investments, wealth management, and title insurance services throughout Berks, Southern Schuylkill, Montgomery, Delaware, and Philadelphia Counties.

 

This release may contain forward-looking statements with respect to the Company’s beliefs, plans, objectives, goals, expectations, anticipations, estimates, and intentions that are subject to significant risks and uncertainties, and are subject to change based on various factors, some of which are beyond the Company’s control. The Company does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by or on behalf of the Company.

 

Contact: Robert D. Davis, President and Chief Executive Officer, +1-610-603-7212, or Edward C. Barrett, Executive Vice President & Chief Financial Officer, +1-610-603-7251, both of VIST Financial Corp.