SEC Info  
    Home      Search      My Interests      Help      Sign In      Please Sign In

Apple Hospitality REIT, Inc. – ‘SC 13E1’ on 4/17/15 re: Apple Hospitality REIT, Inc.

On:  Friday, 4/17/15, at 10:27am ET   ·   Accession #:  1185185-15-936   ·   File #:  5-86821

Previous ‘SC 13E1’:  ‘SC 13E1’ on 1/16/15   ·   Latest ‘SC 13E1’:  This Filing

Find Words in Filings emoji
 
  in    Show  and   Hints

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 4/17/15  Apple Hospitality REIT, Inc.      SC 13E1                1:24K  Apple Hospitality REIT, Inc.      Federal Filings, LLC/FA

Tender-Offer Transaction Statement   —   Rule 13e-1
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13E1     Tender-Offer Transaction Statement                  HTML     14K 


This is an HTML Document rendered as filed.  [ Alternative Formats ]





UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

 
RULE 13E-1 TRANSACTION STATEMENT
 
Pursuant to Section 13(e) of the Securities Exchange Act of 1934
 

 
APPLE HOSPITALITY REIT, INC.
(Name of Issuer)
 
APPLE HOSPITALITY REIT, INC.
(Name of Person Filing Statement)
 
Common Shares
(Title of Class of Securities)
 
03784Y 101
(CUSIP Number of Class of Securities)
 

 
 Justin G. Knight
President and Chief Executive Officer
Apple Hospitality REIT, Inc.
814 East Main Street
Richmond, Virginia 23219
(804) 344-8121
(Name, address and telephone number of person authorized to receive
notices and communications on behalf of the persons filing statement)
 


With copies to:

Paul D. Manca, Esq.
Hogan Lovells US LLP
Columbia Square
555 Thirteenth Street, NW
Washington, District of Columbia  20004
(202) 637-5600
 
Calculation of Filing Fee
 
Transaction Value
 
Amount of Filing Fee
 
A total of $4,204,400 in Common Shares of Apple Hospitality REIT, Inc.
  $ 489 *

* Calculated as $116.20 per $1,000,000 of Transaction Value
 
 
 

 
 
1. Security and Issuer

This Rule 13e-1 Transaction Statement relates to the proposed purchase by the issuer, Apple Hospitality REIT, Inc., a Virginia corporation (the “Company”), of up to 457,000 common shares to be effected on April 20, 2015 with certain shareholders pursuant to the Company’s share redemption program that is available on a limited basis.

2. Purpose of the Repurchases

The Company’s Board of Directors believes that the limited share redemption program provides shareholders with liquidity opportunities in extenuating circumstances that may not have been anticipated when a shareholder purchased shares that are not traded on an established trading market.  The redemptions are limited to the death of a shareholder.  The redemption price will be $9.20 per share.  In accordance with Virginia law, common shares purchased by the Company will be authorized but unissued shares.
 
3. Source and Amount of Funds or Other Consideration
 
The Company expects to fund the share repurchases through a combination of cash on hand and amounts borrowed under its revolving credit facility.
 
 
 

 
 
SIGNATURE
 
After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: April 17, 2015
 
 
APPLE HOSPITALITY REIT, INC.
     
 
By:
/s/ David P. Buckley
   
Name: David P. Buckley
   
Title:   Executive Vice President and Chief Legal Counsel

 

 

Dates Referenced Herein

This ‘SC 13E1’ Filing    Date    Other Filings
4/20/15None on these Dates
Filed on:4/17/15
 List all Filings 
Top
Filing Submission 0001185185-15-000936   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Copyright © 2024 Fran Finnegan & Company LLC – All Rights Reserved.
AboutPrivacyRedactionsHelp — Fri., Mar. 29, 9:55:38.1am ET