-----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, N1e96JzexUf05zi7HMz7OjzBp6o7fnCJPkkY+yQ5bfBDemDB6iQkMQUD/owPWWj+ 5Usgp7C2z0VTZKfkCUWaKw== 0001019687-09-001332.txt : 20090410 0001019687-09-001332.hdr.sgml : 20090410 20090410170907 ACCESSION NUMBER: 0001019687-09-001332 CONFORMED SUBMISSION TYPE: DFAN14A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20090410 DATE AS OF CHANGE: 20090410 EFFECTIVENESS DATE: 20090410 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BRISTOL INVESTMENT FUND LTD CENTRAL INDEX KEY: 0001174866 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: DFAN14A BUSINESS ADDRESS: STREET 1: CALEDONIAN HOUSE STREET 2: JENNETT STREET, GEORGE TOWN CITY: GRAND CAYMAN STATE: E9 ZIP: # MAIL ADDRESS: STREET 1: CALEDONIAN HOUSE STREET 2: JENNETT STREET, GEORGE TOWN CITY: GRAND CAYMAN STATE: E9 ZIP: # FORMER COMPANY: FORMER CONFORMED NAME: BRISTOL INVESTMENT FUND INC DATE OF NAME CHANGE: 20020605 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ADVOCAT INC CENTRAL INDEX KEY: 0000919956 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-SKILLED NURSING CARE FACILITIES [8051] IRS NUMBER: 621559667 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DFAN14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-12996 FILM NUMBER: 09745452 BUSINESS ADDRESS: STREET 1: 1621 GALLERIA BLVD. CITY: BRENTWOOD STATE: TN ZIP: 37027 BUSINESS PHONE: 6157717575 MAIL ADDRESS: STREET 1: 1621 GALLERIA BLVD. CITY: BRENTWOOD STATE: TN ZIP: 37027 DFAN14A 1 bristol_dfan14a-advocat.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of The Securities Exchange Act of 1934 Filed by the Registrant Filed by a Party other than the Registrant |X| 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 |_| Definitive Additional Materials |X| Soliciting Material Under Rule 14a-12 ADVOCAT INC. - -------------------------------------------------------------------------------- (Name of Registrant as Specified in Its Charter) BRISTOL INVESTMENT FUND, LTD. - -------------------------------------------------------------------------------- (Name of Persons(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: - -------------------------------------------------------------------------------- INDEPENDENT SHAREHOLDER BRISTOL INVESTMENT FUND, LTD. FILES PRELIMINARY PROXY STATEMENT TO ELECT NOMINEES TO THE BOARD OF ADVOCAT INC. LOS ANGELES, April 10 /PRNewswire/ - Bristol Investment Fund, Ltd. ("Bristol"), an independent shareholder of Advocat Inc. (Nasdaq: AVCA) ("Advocat"), announced today that it has filed with the U.S. Securities and Exchange Commission a preliminary proxy statement in connection with its nomination of two independent directors to the Board of Directors of Advocat (Nasdaq: AVCA) at Advocat's 2009 Annual Meeting of Stockholders. As an independent stockholder, Bristol strongly believes there is a need for compensation reform and improved governance at Advocat. Bristol also believes that the Board of Advocat needs to examine whether the interests of shareholders are best served by continuing the company as a stand-alone business, or whether shareholder value would be maximized by a sale, merger or similar transaction. Bristol opposes any action by the Board to entrench management through the granting of employment contracts, including contracts to employees related to Board members, until after the election of directors at the Annual Meeting and a thorough review of management performance. Bristol owns approximately 6.94% of Advocat's outstanding common stock. ADDITIONAL INFORMATION CONCERNING PARTIPICANTS Bristol strongly advises all stockholders of Advocat to read its proxy statement as it contains important information. Such proxy statement is available at no charge on the SEC's website at http://www.sec.gov. In addition, Bristol will provide copies of the proxy statement without charge upon request. Information about Bristol and the two nominees for directors is contained in the proxy statement filed by Bristol with the SEC. Bristol is deemed to beneficially own 393,450 shares, or approximately 6.94% of Advocat's outstanding common stock. -----END PRIVACY-ENHANCED MESSAGE-----