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) November 15, 2019
Pope Resources, A Delaware Limited Partnership
(Exact name of registrant as specified in its charter)
Delaware (State or other jurisdiction of incorporation or organization) | 91-1313292 (I.R.S. Employer Identification No.) |
19550 Seventh Avenue NE, Poulsbo, Washington 98370
(Address of principal executive offices) (ZIP Code)
Registrant's telephone number, including area code (360) 697-6626
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-(b)) |
o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
Depositary Receipts (Units) | POPE | NASDAQ Capital Market |
INFORMATION TO BE INCLUDED IN THE REPORT
Item 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On November 15, 2019, the Partnership announced the suspension of its distribution reinvestment plan until further notice. A copy of that press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. This suspension amends the Pope Resources Distribution Reinvestment Plan referenced in the Partnership’s Registration Statement on Form S-3 (SEC File No. 333-218338) as described in the accompanying press release.
Item 9.01. FINANCIAL STATEMENTS AND EXHIBITS
Exhibit No. Description
SIGNATURES
Pursuant to the requirements of Section 13 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.
POPE RESOURCES, A DELAWARE LIMITED PARTNERSHIP
DATE: November 15, 2019 BY: /s/ Daemon P. Repp
Daemon P. Repp
Vice President and Chief Financial Officer, Pope Resources, A Delaware Limited Partnership, and Pope MGP, Inc., General Partner
Exhibit 99.1
Press Release of the Registrant dated November 15, 2019
 | NEWS RELEASE |
POPE RESOURCES ANNOUNCES SUSPENSION OF DISTRIBUTION REINVESTMENT PLAN
POULSBO, WA, November 15, 2019 / PRNewswire/ - Pope Resources (NASDAQ:POPE) announced today that it has suspended its distribution reinvestment plan ("DRP") until further notice. Computershare Trust Company, N.A., (the "Administrator") administers the DRP. Unitholders are not required to take any action, but they may contact the Administrator should they wish to make any changes to their account. Pope Resources can offer no assurances as to whether or when the DRP will be reactivated.
The Administrator may be contacted at the following address: Computershare, P.O. Box 50500, Louisville, KY 40233-5000. In addition, you may call the Administrator at (877) 255-0989 or contact the Administrator via the Internet at www.computershare.com/investor.
About Pope Resources
Pope Resources, a publicly traded limited partnership, and its subsidiaries Olympic Resource Management and Olympic Property Group, own and manage 120,000 acres of timberland and 1,800 acres of development property in Washington. In addition, Pope Resources co-invests in and consolidates three private equity timber funds that own 141,000 acres of timberland in Washington, Oregon, and California. The Partnership and its predecessor companies have owned and managed timberlands and development properties for over 165 years. Additional information on the company can be found at www.poperesources.com. The contents of our website are not incorporated into this release or into our filings with the Securities and Exchange Commission.
Contact:
Daemon Repp
Vice President and Chief Financial Officer
(360) 697-6626
investors@orminc.com
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