Fidelity D & D Bancorp closes acquisition of Landmark Bancorp; issues ~651K shares & $7.8M cash

FIDELITY D & D BANCORP INC

Landmark shareholders received 0.272 FDBC shares + $3.26 cash per share; Fidelity issued ~650,813 shares and $7.8M cash.
Combined company has ~$2.3B assets, $2.1B deposits, and $1.4B loans.
Paul C. Woelkers appointed to Fidelity's Board (Class C) and Fidelity Bank's Board.
Acquisition expands Fidelity's presence in Luzerne County, PA market.

item 2.01 item 5.02 item 8.01 item 9.01

Executive movements

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Appointed

Paul C. Woelkers

Class C Director

FDBC · FIDELITY D & D BANCORP INC

Effective: 2021-07-01
Filed: July 1, 2021, 7:59 PM ET

Effective July 1, 2021, in connection with the merger and pursuant to the terms of the Reorganization Agreement, Paul C. Woelkers was appointed as a Class C Director of Fidelity’s Board of Directors.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Paul C. Woelkers was appointed as Class C Director at FIDELITY D & D BANCORP INC.

Action: appointed
Role: Class C Director

Exact text from the filing

Effective July 1, 2021, in connection with the merger and pursuant to the terms of the Reorganization Agreement, Paul C. Woelkers was appointed as a Class C Director of Fidelity’s Board of Directors.

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FIDELITY D & D BANCORP INC filing history →

Source: SEC EDGAR

accession 0001098151-21-000030

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