PCBC » Topics » Notice of Special Meeting of Shareholders
This excerpt taken from the PCBC DEF 14A filed Aug 27, 2009.
Notice of Special Meeting of Shareholders
Date and Time:
Tuesday, September 29, 2009, at 10:00 a.m., Pacific Daylight Time.
Fess Parkers Doubletree Resort, 633 East Cabrillo Boulevard, Santa Barbara, California 93103.
Items of Business:
1. Approval of an amendment to our Articles of Incorporation to increase the number of authorized shares of our common stock from
100,000,000 to 500,000,000 (the Authorized Share Increase).
2. Approval of an amendment to our Articles of Incorporation to (i) effect a reverse stock split of our common stock by a ratio of
not less than one-for-three and not more than one-for-ten at any time prior to August 31, 2010, with the exact ratio to be set at a whole number within this range as determined by the Board of Directors in its sole discretion, and (ii) reduce the
number of authorized shares of our common stock by the reverse stock split ratio determined by the Board of Directors (the Reverse Stock Split).
3. Approval of an adjournment of the Special Meeting of Shareholders to allow time for further solicitation of proxies in the event
there are insufficient votes present at the Special Meeting of Shareholders, in person or by proxy, to approve the amendments to our Articles of Incorporation to effect the Authorized Share Increase and the Reverse Stock Split (the
Authorization to Adjourn the Special Meeting).
4. Transact any other business that may properly come before the Special Meeting of Shareholders or any adjournment or postponement
You can vote if you are a shareholder of record of our common stock at the close of business on August 21, 2009.
During ordinary business hours on the ten days prior to the date of the Special Meeting of Shareholders, a list of shareholders entitled to vote at the Special Meeting of Shareholders will be available
in the Secretarys office at the Companys headquarters for inspection by shareholders for any purpose related to the meeting.
The proxy materials are being distributed to our shareholders on or about August 31, 2009, and include the proxy or voting instruction card (the Proxy Card).
of Proxy Materials:
The Proxy Statement to shareholders is available at www.pcbancorp.com/investors. Your Vote is Important. Please vote as promptly as possible by using the Internet or
telephone or by signing, dating and returning the enclosed Proxy Card.