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
July 20, 2016
Date of Report (Date of earliest event reported)
OHIO VALLEY BANC CORP.
(Exact name of registrant as specified in its charter)
Ohio
(State or other jurisdiction of incorporation)
0-20914
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31-1359191
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(Commission File Number)
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(IRS Employer Identification No.)
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420 Third Avenue, Gallipolis, Ohio
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45631
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(Address of principal executive offices)
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(Zip Code)
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Registrant's telephone number, including area code: (740) 446-2631
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)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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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 July 20, 2016, Ohio Valley Banc Corp. ("OVBC") received notice of the July 15, 2016, approval from the Ohio Division of Financial Institutions of the merger of The Milton Banking Company ("Milton Bank") with and into The Ohio Valley Bank Company ("Ohio Valley Bank"), pursuant to the Agreement and Plan of Merger dated as of January 7, 2016, by and between Ohio Valley Banc Corp. ("OVBC") and Milton Bancorp, Inc. ("MB"), as amended on April 20, 2016 (the "Merger Agreement"). OVBC previously received approval from the Board of Governors of the Federal Reserve System for the merger of MB with and into OVBC and the merger of Milton Bank with and into Ohio Valley Bank. Subject to the satisfaction of other customary closing conditions contained in the Merger Agreement, the Merger is expected to be effective at the close of business on August 5, 2016.
Forward Looking Statements
This Current Report on Form 8-K contains forward-looking statements within the meaning of the Securities Act of 1933 (the "1933 Act"). These statements are subject to certain risks and uncertainties, including a failure to satisfy the conditions to closing for the Merger in a timely manner or at all; the inability of Ohio Valley Bank or its data processor to complete the necessary work by the anticipated closing date; and other risks set forth in OVBC's filings with the Securities and Exchange Commission ("SEC"), including OVBC's most recent Annual Report on Form 10-K. Copies of documents filed with the SEC are available free of charge at the SEC's website at http://www.sec.gov and/or from OVBC's website at http://www.ovbc.com.
Important Information for Investors and Shareholders
This Form 8-K does not constitute an offer to sell or the solicitation of an offer to buy securities of OVBC. The OVBC common shares to be issued in connection with the Merger have not been and will not be registered under the 1933 Act or the securities laws of any state and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirments.
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.
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OHIO VALLEY BANC CORP.
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Date:
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July 20, 2016
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By:
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/s/Thomas E. Wiseman |
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Thomas E. Wiseman
President and Chief Executive Officer
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