-----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, R800TFtsBmx/WGJih+68wLCpQk+xdpJk70EG7IfUFe5sG81BCWnfARHFU27sZ8p9 fdElqtyLku3lUIIf7I0pAw== 0000914317-96-000034.txt : 19960228 0000914317-96-000034.hdr.sgml : 19960228 ACCESSION NUMBER: 0000914317-96-000034 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19960215 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19960226 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: VALUE PROPERTY TRUST CENTRAL INDEX KEY: 0000079259 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 231862664 STATE OF INCORPORATION: MD FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-06613 FILM NUMBER: 96525067 BUSINESS ADDRESS: STREET 1: 120 ALBANY STREET STREET 2: 8TH FLOOR CITY: NEW BRUNSWICK STATE: NJ ZIP: 08901- BUSINESS PHONE: 9082963080 FORMER COMPANY: FORMER CONFORMED NAME: MORTGAGE & REALTY TRUST DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: PNB MORTGAGE & REALTY INVESTORS DATE OF NAME CHANGE: 19850102 8-K 1 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): February 15, 1996 ----------------- VALUE PROPERTY TRUST ----------------------------------- (Exact name of registrant as specified in its charter) Maryland 1-6613 23-1862664 - ---------------------------- ------------ ------------------- (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.) 120 Albany Street, 8th Floor New Brunswick, New Jersey 08901-2163 - ----------------------------------------------- ---------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (908) 296-3080 -------------- Mortgage and Realty Trust 8380 Old York Road, Suite 300, Elkins Park, Pennsylvania 19117-1590 - -------------------------------------------------------------------------------- (Former name or former address, if changed since last report) ITEM 5. OTHER EVENTS. On February 15, 1996, Value Property Trust, a Maryland real estate investment trust (the "Registrant"), issued a press release concerning actions taken at the Annual Shareholders Meeting and reported unaudited operating results for the first quarter ended December 31, 1995. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (C) Exhibits. Exhibit Number Description ---------- -------------- 22 Press Release dated February 15, 1996. 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. VALUE PROPERTY TRUST, a Maryland real estate investment trust (Registrant) /s/ Robert T. English -------------------------- Robert T. English Chief Financial Officer Date: February 23, 1996 ----------------- EX-22 2 FOR IMMEDIATE RELEASE: Contact: ROBERT T. ENGLISH Chief Financial Officer (908) 296-3081 VALUE PROPERTY TRUST HOLDS ANNUAL MEETING/ REPORTS FIRST QUARTER EARNINGS New Brunswick, New Jersey...February 15, 1996...Value Property Trust (NYSE: VLP) formerly Mortgage and Realty Trust (MRT) held its Annual Shareholders Meeting today. At the meeting, held at the Trust's corporate headquarters in New Brunswick, New Jersey, shareholders of the Trust approved (i) the election of seven trustees (ii) voting rights of certain of the Trust's common shares that may have been precluded from voting under the Maryland General Corporation Law and (iii) the adoption of the 1995 Share Option Plan. George R. Zoffinger, who became President and CEO in September 1995, announced at the meeting that the Trust reported net income of $1.4 million for the first quarter ended December 31, 1995 compared to a net loss of $5.5 million, after reorganization expenses, for the same period a year ago. On a per share basis, first quarter fiscal 1996 earnings were $.13. Earnings per share for any period prior to October 1, 1995 is not disclosed because such information is not meaningful due to the implementation on September 30, 1995 of Fresh Start Reporting. Mr. Zoffinger stated "I am pleased with the Trust's first quarter performance and the dramatic improvement from last year's first quarter." Zoffinger continued, "there is much to accomplish in the weeks and months ahead to ensure consistent operating performance, but I am confident that the newly assembled Board of Trustees, management and staff of Value Property Trust are equal to the challenge." Value Property Trust is a $230 million asset self-administered real estate investment trust engaged in the business of managing its portfolio of mortgage loans and real estate investments. On September 29, 1995, the Trust emerged from a proceeding under Chapter 11 of the Bankruptcy Code. The Trust maintains offices in New Brunswick, New Jersey and Woodland Hills, California. ### -----END PRIVACY-ENHANCED MESSAGE-----