-----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, SpKENTBbw62f+kaJNvrywQw+NywdygkLJmERtvdsaSlyyU61Dha5G/TLOFZ0Mm+T nNgo/FFnEDDwDtns83jP5Q== 0001193125-09-185853.txt : 20090902 0001193125-09-185853.hdr.sgml : 20090902 20090902091412 ACCESSION NUMBER: 0001193125-09-185853 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090902 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090902 DATE AS OF CHANGE: 20090902 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FCStone Group, Inc. CENTRAL INDEX KEY: 0001297846 STANDARD INDUSTRIAL CLASSIFICATION: [6221] IRS NUMBER: 421091210 STATE OF INCORPORATION: DE FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33363 FILM NUMBER: 091049851 BUSINESS ADDRESS: STREET 1: 1251 NW BRIARCLIFF PARKWAY STREET 2: SUITE 800 CITY: KANSAS CITY STATE: MO ZIP: 64116 BUSINESS PHONE: (800) 422-3087 MAIL ADDRESS: STREET 1: 1251 NW BRIARCLIFF PARKWAY STREET 2: SUITE 800 CITY: KANSAS CITY STATE: MO ZIP: 64116 8-K 1 d8k.htm FORM 8-K Form 8-K

 

 

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

September 2, 2009

Date of Report (Date of earliest event reported)

 

 

FCStone Group, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-33363   42-1091210

(State or other jurisdiction

of incorporation)

  (Commission File Number)  

(IRS Employer

Identification Number)

1251 NW Briarcliff Parkway, Suite 800, Kansas City, Missouri 64116

(Address of principal executive offices) (Zip Code)

(800) 255- 6381

Registrant’s telephone number, including area code

 

(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:

 

¨ 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 7.01 Regulation FD.

On September 2, 2009, FCStone Group, Inc. announced the sale of its 25% minority interest in grain merchandiser FGDI, L.L.C. (“FGDI”) to FGDI’s majority owner, Agrex, Inc. for $9.5 million. The public announcement was made by means of a press release, the text of which is set forth in Exhibit 99.1 hereto.

The information in this Item of this current report on Form 8-K, including the exhibit, is being furnished and shall not be deemed “filed” for the purposes of or otherwise subject to liabilities under Section 18 of the Securities Exchange Act of 1934, as amended, and shall not be deemed to be incorporated by reference into the filings of the registrant under the Securities Act of 1933, as amended.

 

Item 9.01 Financial Statements and Exhibits.

 

Number

  

Description

99.1

   Press Release, dated September 2, 2009

 

2


SIGNATURE

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.

 

  FCSTONE GROUP, INC.

Dated: September 2, 2009

   
  By:  

/s/ William J. Dunaway

    William J. Dunaway
    Chief Financial Officer

 

3


INDEX TO EXHIBITS

 

Exhibit No.

 

Description

99.1   Press Release dated September 2, 2009

 

4

EX-99.1 2 dex991.htm PRESS RELEASE Press Release

Exhibit 99.1

FCStone Group, Inc. Completes Sale of Minority Investment in FGDI, LLC

25% Stake in Grain Merchandiser Sold to Agrex, Inc.

KANSAS CITY, MO., September 2, 2009 – FCStone Group, Inc. (Nasdaq:FCSX), a commodity risk management firm, today announced it has sold its 25% minority stake in grain merchandiser FGDI, L.L.C. to its majority owner, Agrex, Inc., a grain company, for $9.5 million. Following the sale, Agrex will own 100% of FGDI. FGDI acts as a grain dealer in the United States and international markets, primarily Asia, Latin America and Canada.

The sale completes FCStone’s exit of the grain merchandising business. FCStone had previously sold its controlling stake in FGDI to Agrex at the end of the third fiscal quarter of 2007. Since the 2007 transaction, FCStone did not have operational control of FGDI.

“Due to our sharpened focus on providing commodity risk management consulting services, FGDI was no longer a strategic fit with FCStone’s core strategy. This sale aligns our business structure with the areas in which we are uniquely positioned and are pursuing opportunities for profitable growth,” said Pete Anderson, President and Chief Executive Officer of FCStone.

About FCStone Group, Inc.

FCStone Group, Inc., along with its affiliates, is an integrated commodity risk management company providing risk management consulting and transaction execution services to commercial commodity intermediaries, end-users and producers. The firm assists primarily middle market customers in optimizing their profit margins and mitigating exposure to commodity price risk. In addition to risk management consulting services, FCStone, LLC, operates one of the leading independent clearing and execution platforms for exchange-traded futures and options contracts. FCStone Group, Inc. serves more than 8,000 customers and in the 12 months ended May 31, 2009, executed 73.7 million derivative contracts in the exchange-traded and over-the-counter markets. The FCStone Group companies work in all the major commodity areas including agriculture, energy, renewable fuels, foods, forestry, cotton and textile, dairy and currency exchange. Headquartered in the Midwest, it has offices located throughout the world and is a clearing member of all major North American Futures exchanges. FCStone Group, Inc. trades on the NASDAQ Global Select Market under the symbol “FCSX.”

Forward Looking Statements

This press release may include forward-looking statements regarding, among other things, our plans, strategies and prospects, both business and financial. All statements other than statements of current or historical fact contained in this press release are forward-looking statements. The words “believe,” “expect,” “anticipate,” “should,” “plan,” “will,” “may,” “could,” “intend,” “estimate,” “predict,” “potential,” “continue” or the negative of these terms and similar expressions, as they relate to FCStone Group, Inc., are intended to identify forward-looking statements.

FCStone Group, Inc.

Investor inquiries:

Bill Dunaway

866-522-7188

billd@fcstone.com

Brainerd Communicators, Inc.

Media inquiries:

Joseph LoBello

212-986-6667

lobello@braincomm.com

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