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) August 27, 2018
HUGOTON ROYALTY TRUST
(Exact name of Registrant as specified in its charter)
Texas | 1-10476 | 58-6379215 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
Simmons Bank Trustee P.O. Box 470727 Fort Worth, Texas |
76147 | |
(Address of principal executive offices) | (Zip Code) |
Registrants telephone number, including area code: (855) 588-7839
NONE
(Former name or former address, if changed since last report)
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
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.):
☐ | 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.
On August 27, 2018, Simmons Bank, the trustee (the Trustee) of Hugoton Royalty Trust (the Trust), issued a press release announcing that the Trusts Units of Beneficial Interest (the Units) began trading on the OTCQX Best Market.
Item 9.01 Financial Statements and Exhibits.
d. | Exhibits |
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 thereunto duly authorized.
HUGOTON ROYALTY TRUST | ||
By: | SIMMONS BANK, TRUSTEE |
By: | /s/ RON E. HOOPER | |
Ron E. Hooper | ||
Senior Vice President |
EXXON MOBIL CORPORATION | ||
By: | /s/ DAVID LEVY | |
David Levy | ||
Vice President Upstream Business Services |
Date: August 27, 2018
Exhibit 99.1
HUGOTON ROYALTY TRUST |
Press Release |
Hugoton Royalty Trust
Begins Trading on OTCQX
Fort Worth, Texas, August 27, 2018 Hugoton Royalty Trust (OTCQX: HGTXU) (the Trust) announced that trading of its Units of Beneficial Interest (the Units) began today on the OTCQX® Best Market, the most prestigious tier of the OTC markets operated by OTC Markets Group Inc. (OTCQX: OTCM). The Units begin trading today under the symbol HGTXU. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Units on www.otcmarkets.com.
The Trust will remain subject to the periodic reporting requirements of the Securities Exchange Act of 1934, as amended, and its annual financial statements will continue to be audited by an independent accounting firm. The Trustee intends to continue posting quarterly and annual financial information, monthly press releases and annual tax information on the Trusts website (www.hgt-hugoton.com). This action follows the Trusts August 13 announcement that it would voluntarily delist the Units from the New York Stock Exchange.
For more information on the Trust, please visit our web site at www.hgt-hugoton.com.
Statements made in this press release regarding future events or conditions are forward looking statements. Actual future results, including the timing of the delisting of the Units from the NYSE and the listing of the Units on the OTCQX Market, could differ materially due to stock market and economic conditions, changes in natural gas prices and other economic conditions affecting the gas industry, the actions of the operator of the properties underlying the Trusts net profits interests, the actions of other market participants and other factors described in Part I, Item 1A of the Trusts Annual Report on Form 10-K for the year ended December 31, 2017 and Part II, Item 1A of the Trusts Quarterly Report on Form 10-Q for the quarter ended June 30, 2018.
* * *
Contact: | Ron Hooper | |
Senior Vice President | ||
Simmons Bank, Trustee | ||
855-588-7839 |