0001393311-12-000016.txt : 20120305 0001393311-12-000016.hdr.sgml : 20120305 20120305163521 ACCESSION NUMBER: 0001393311-12-000016 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20120305 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20120305 DATE AS OF CHANGE: 20120305 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Public Storage CENTRAL INDEX KEY: 0001393311 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 953551121 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33519 FILM NUMBER: 12667043 BUSINESS ADDRESS: STREET 1: 701 WESTERN AVENUE CITY: GLENDALE STATE: CA ZIP: 91201-2349 BUSINESS PHONE: 818-244-8080 MAIL ADDRESS: STREET 1: 701 WESTERN AVENUE CITY: GLENDALE STATE: CA ZIP: 91201-2349 8-K 1 ps8k_030512.htm PUBLIC STORAGE 8K ps8k_030512.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): March 5, 2012

PUBLIC STORAGE
(Exact Name of Registrant as Specified in its Charter)



Maryland
001-33519
95-3551121
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)

701 Western Avenue, Glendale, California
91201-2349
(Address of Principal Executive Offices)
(Zip Code)

(818) 244-8080
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o  
Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

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

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

o  
Pre-commencements communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


 


 
 
 

Item 8.01 Other Events

     On March 5, 2012, Public Storage issued a press release to announce that it is calling for redemption all outstanding depositary shares representing interests in its 6.625% Cumulative Preferred Shares, Series M (NYSE:PSAPrM) on April 11, 2012 at $25 per depositary share plus accrued dividends from April 1, 2012 through the date of redemption.  The aggregate redemption amount, before payment of accrued dividends, to be paid to all holders of the depositary shares is $476,633,825.

      A copy of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01     Financial Statements and Exhibits

(c)  
Exhibits

     The following exhibit is being filed with this Report:

Exhibit 99.1—Press Release dated March 5, 2012

 
 
 

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.

Date:  March 5, 2012

             PUBLIC STORAGE


             By: /s/ Stephanie Heim
             Stephanie Heim
             Vice President





 



 EX-99.1 2 ps_ex991.htm PRESS RELEASE ps_ex991.htm
EXHIBIT 99.1
News Release
Public Storage
701 Western Avenue
Glendale, CA 91201-2349
www.publicstorage.com
 


For release:
Immediately
Date:
March 5, 2012
Contact:
Clemente Teng
 
(818) 244-8080, Ext. 1141

 
Public Storage Announces Redemption of All Outstanding Depositary
Shares Representing Interests in its 6.625% Cumulative Preferred Shares, Series M

GLENDALE, California—Public Storage (NYSE:PSA) announced today that it is calling for redemption all outstanding depositary shares representing interests in its 6.625% Cumulative Preferred Shares, Series M (NYSE:PSAPrM) on April 11, 2012 at $25 per depositary share plus accrued dividends from April 1, 2012 through the date of redemption.  The aggregate redemption amount, before payment of accrued dividends, to be paid to all holders of the depositary shares is $476,633,825.

Company Information

Public Storage, a member of the S&P 500 and FT Global 500, is a fully integrated, self-administered and self-managed real estate investment trust that primarily acquires, develops, owns and operates self-storage facilities. The Company’s headquarters are located in Glendale, California.  At December 31, 2011, the Company had interests in 2,058 self-storage facilities located in 38 states with approximately 131 million net rentable square feet in the United States and 189 storage facilities located in seven Western European nations with approximately ten million net rentable square feet operated under the “Shurgard” brand.  The Company also owns a 42% common equity interest in PS Business Parks, Inc. (NYSE:PSB) which owned and operated approximately 27.2  million rentable square feet of commercial space, primarily flex, multi-tenant office and industrial space, at December 31, 2011.

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