0000943374-15-000085.txt : 20150203 0000943374-15-000085.hdr.sgml : 20150203 20150203170101 ACCESSION NUMBER: 0000943374-15-000085 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20150129 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20150203 DATE AS OF CHANGE: 20150203 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MW Bancorp, Inc. CENTRAL INDEX KEY: 0001600065 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-55356 FILM NUMBER: 15572029 BUSINESS ADDRESS: STREET 1: 2110 BEECHMONT AVENUE CITY: CINCINNATI STATE: OH ZIP: 45230 BUSINESS PHONE: (513) 231-7871 MAIL ADDRESS: STREET 1: 2110 BEECHMONT AVENUE CITY: CINCINNATI STATE: OH ZIP: 45230 8-K 1 form8k_2315.htm FORM 8-K form8kclosing_2315.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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):  January 29, 2015

MW Bancorp, Inc.
(Exact name of registrant as specified in its charter)

         
Maryland
 
000-55356
 
47-2259704
(State or other jurisdiction of incorporation or organization)
 
(Commission
File No.)
 
(IRS Employer
Identification No.)
         
2110 Beechmont Avenue, Cincinnati, Ohio
 
45230
(Address of principal executive offices)
 
(Zip Code)
     
Registrant’s telephone number, including area code:  (513) 231-7871

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:

[  ]  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 January 29, 2015, MW Bancorp, Inc. (the “Company”), the stock holding company for Mt. Washington Savings Bank (the “Bank”), issued a press release announcing that it completed its stock offering in connection with the mutual-to-stock conversion of the Bank on January 29, 2015.  The Company sold 876,163 shares of common stock at $10.00 per share in its subscription offering for gross proceeds of approximately $8.8 million, including 70,093 shares purchased by the Bank’s employee stock ownership plan.  The Company’s press release is included as Exhibit 99.1 to this report.
 
 
 Item 9.01.      Financial Statements and Exhibits.
   
              (d)     Exhibits
                  
 
Exhibit No.
Description
   
99.1
Press Release dated January 29, 2015
   
   




 
 

 
 
 

 

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.

   
MW BANCORP, INC.
 
 
DATE: February 3, 2015
 
By:  /s/ Gregory P. Niesen                                                            
   
Gregory P. Niesen
   
President and Chief Executive Officer

 
 

EX-99.1 2 ex99pressrelease.htm EXHIBIT 99.1 PRESS RELEASE ex99pressrelease.htm

PRESS RELEASE


For Immediate Release
 
Contact:                 Gregory P. Niesen, President and CEO
(513) 231-7871
 
MW BANCORP, INC. COMPLETES STOCK OFFERING AND CONVERSION

Cincinnati, Ohio – January 29, 2015 – MW Bancorp, Inc. (the “Company”), the holding company for Mt. Washington Savings Bank (the “Bank”), announced that it completed its stock offering in connection with the mutual-to-stock conversion of the Bank on January 29, 2015.  Shares of the Company’s common stock are expected to begin trading on January 30, 2015 on the OTC Pink Marketplace (www.otcmarkets.com) under the trading symbol “MWBC.”

The Company sold 876,163 shares of common stock at $10.00 per share in the offering for gross proceeds of approximately $8.8 million, including 70,093 shares purchased by Mt. Washington Savings Bank’s employee stock ownership plan.  All orders in the subscription offering will be filled in whole.  Direct Registration Statements reflecting the shares purchased in the stock offering are expected to be mailed to subscribers on or about January 30, 2015.

Gregory Niesen, President and Chief Executive Officer of MW Bancorp, Inc. and the Bank, said: “Our Board of Directors and the officers and employees of Mt. Washington Savings Bank would like to extend our appreciation to our customers for their loyalty and support in completing our offering. We believe that this transaction will enhance our ability to serve our customers and the communities we serve and attain our strategic goals. We pledge our best efforts to deliver value to our new stockholders.”

Sterne, Agee & Leach, Inc. acted as marketing agent in connection with the offering.  Luse Gorman, PC acted as legal counsel to MW Bancorp, Inc., in connection with the offering.  Kilpatrick Townsend & Stockton LLP acted as legal counsel to Sterne, Agee & Leach, Inc. in connection with the offering.

Mt. Washington Savings Bank is an Ohio chartered savings and loan association that has served the banking needs of its customers since 1886. Mt. Washington Savings Bank conducts business primarily from its full-service banking office in Cincinnati, Ohio.

This press release contains certain forward-looking statements about the conversion and offering.  Forward-looking statements include statements regarding anticipated future events and can be identified by the fact that they do not relate strictly to historical or current facts.  They often include words such as “believe,” “expect,” “anticipate,” “estimate,” and “intend” or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.”  Forward-looking statements, by their nature, are subject to risks and uncertainties.  Certain factors that could cause actual results to differ materially from expected results include increased competitive pressures, changes in the interest rate environment, general economic conditions or conditions within the securities markets, and legislative and regulatory changes that could adversely affect the business in which the Company and Mt. Washington Savings Bank are engaged.