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
Date of
Report (Date of earliest event reported) March
23, 2005
UNIVEST
CORPORATION OF PENNSYLVANIA
(Exact
name of registrant as specified in its charter)
|
Pennsylvania
(State
or other jurisdiction
of
incorporation) |
0-7617
|
23-1886144
(I.R.S.
Employer
Identification
No.) |
14 North
Main Street, Souderton,
Pennsylvania 18964
(Address
of principal executive office)(Zip Code)
Registrant's
telephone number, including area code (215)
721-2400
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 (see General Instruction A.2. below):
| o |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425) |
| o |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12) |
| o |
Pre-commencement
communications pursuant to Rule 14d-2 (b) under the Exchange Act
(17
CFR 240.14d-2 (b)) |
| o |
Pre-commencement
communications pursuant to Rule 13e-4 (c) under the Exchange Act (17
CFR
240.13e-4 (c)) |
Item
8.01
Other Events
The
information in this Current Report shall not be deemed “filed” for the purposes
of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise
subjected to the liabilities of that Section. The information in this Current
Report shall not be incorporated by reference into any registration statement or
other document pursuant to the Securities Act of 1933, as amended, except as
shall be expressly set forth by specific reference in such a
filing.
On March
23, 2005, Univest Corporation of Pennsylvania (the “Corporation”), purchased
133,334 common shares of New Century Bank (the “Bank”). The Corporation owns an
aggregate 8.53% of New Century Bank’s issued and outstanding common stock. The
Corporation also entered into a stock option agreement with the Bank which gives
the Corporation the option to purchase additional shares of the Bank to maintain
its percentage ownership in the Bank. This agreement also limits the Corporation
from increasing its percentage ownership in the Bank to more than 9.99%. The
stock option agreement does not constitute a material definitive agreement at
this time.
SIGNATURE
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.
| |
|
|
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Univest Corporation of
Pennsylvania |
|
|
|
|
By: |
/s/ Wallace H.
Bieler |
| |
Name:
Wallace H. Bieler
Title:
Chief Operation Officer,
and
Chief Financial Officer |
| Date: March 23,
2005 |
|