-----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, TlPv/MA6py/C5o2wnduURjVrDKfbuwKH5+1NqtWbJh8KAgwmpSDMM7ElO5PKutjK 4PS1evbrlF3770gWW3HJJQ== 0000898822-98-000542.txt : 19980527 0000898822-98-000542.hdr.sgml : 19980527 ACCESSION NUMBER: 0000898822-98-000542 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980526 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: AVALON PROPERTIES INC CENTRAL INDEX KEY: 0000911536 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 061379111 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: SEC FILE NUMBER: 001-12452 FILM NUMBER: 98631231 BUSINESS ADDRESS: STREET 1: 15 RIVER ROAD STREET 2: SUITE 210 CITY: WILTON STATE: CT ZIP: 06897 BUSINESS PHONE: 2037616500 MAIL ADDRESS: STREET 1: 15 RIVER ROAD STREET 2: SUITE 210 CITY: WILTON STATE: CT ZIP: 06897 DEFA14A 1 DEFINITIVE ADDITIONAL MATERIALS SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. __) Filed by the Registrant |X| Filed by a Party other than the Registrant |_| Check the appropriate box: |_| Preliminary Proxy Statement |_| Confidential, For Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |_| Definitive Proxy Statement |X| Definitive Additional Materials |_| Soliciting Material Pursuant to Rules 14a-11(c) or Rule 14a-12 Avalon Properties, Inc. ------------------------------------------------------------------- (Name of Registrant as Specified in its Charter) ------------------------------------------------------------------- (Name of Person(s) Filing Proxy Statement, if Other Than the Registrant) Payment of Filing Fee (Check the appropriate box): |X| No fee required. |_| Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. (1) Title of each class of securities to which transaction applies: - ------------------------------------------------------------------- (2) Aggregate number of securities to which transaction applies: - ------------------------------------------------------------------- (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): - ------------------------------------------------------------------- (4) Proposed maximum aggregate value of transaction: - ------------------------------------------------------------------- (5) Total fee paid: - ------------------------------------------------------------------- |_| Fee paid previously with preliminary materials: - ------------------------------------------------------------------- |_| Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the form or schedule and the date of its filing. - ------------------------------------------------------------------- (1) Amount previously paid: - ------------------------------------------------------------------- (2) Form, Schedule or Registration Statement no.: - ------------------------------------------------------------------- (3) Filing party: - ------------------------------------------------------------------- (4) Date filed: - ------------------------------------------------------------------- AVALON PROPERTIES, INC. 15 River Road, Suite 210 Wilton, Connecticut 06897-4064 May 26, 1998 Dear Fellow Stockholder: We have previously sent to you proxy materials for the Special Meeting of Avalon Properties, Inc. on June 4, 1998. YOUR BOARD OF DIRECTORS HAS UNANIMOUSLY RECOMMENDED THAT STOCKHOLDERS VOTE IN FAVOR OF THE PROPOSED MERGER WITH BAY APARTMENT COMMUNITIES, INC. Because approval of the merger requires the affirmative vote of two-thirds of all outstanding shares, YOUR VOTE IS EXTREMELY IMPORTANT. Remember, if you do not vote, it will have the same effect as a vote against the merger. WHETHER OR NOT YOU HAVE ALREADY DONE SO, PLEASE SIGN, DATE AND RETURN THE ENCLOSED PROXY CARD TODAY IN THE ENVELOPE PROVIDED. Very truly yours, /s/ Richard L. Michaux Richard L. Michaux Chairman of the Board of Directors of Avalon Properties, Inc. ===================================================================== IMPORTANT If you have any questions, or need assistance in voting your shares, please contact the firm assisting us in the solicitation of proxies: INNISFREE M&A INCORPORATED TOLL-FREE: 1-888-750-5834 ===================================================================== -----END PRIVACY-ENHANCED MESSAGE-----