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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): May 5, 2011
EZCORP, Inc.
(Exact name of registrant as specified in its charter)
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Delaware
(State or other jurisdiction of incorporation)
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0-19424
(Commission File Number)
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74-2540145
(IRS Employer
Identification No.) |
1901 Capital Parkway, Austin, Texas 78746
(Address of principal executive offices) (zip code)
Registrants telephone number, including area code: (512) 314-3400
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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 8.01 Other Events
On May 5, 2011, EZCORP, Inc. issued a press release announcing the completion of the acquisition of
seven pawn stores in Utah. A copy of that press release is attached as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
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99.1 |
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Press Release, dated May 5, 2011 |
SIGNATURES
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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EZCORP, INC.
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Date: May 5, 2011 |
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/s/ Thomas H. Welch, Jr.
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Thomas H. Welch, Jr. |
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Senior Vice President,
General Counsel and Secretary |
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2
EXHIBIT INDEX
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Exhibit |
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No. |
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Description of Exhibit |
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99.1 |
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Press Release, dated May 5, 2011 |
3
exv99w1
Exhibit
99.1
EZCORP ANNOUNCES ACQUISITION OF PAWN STORES IN UTAH
AUSTIN, Texas (May 5, 2011) EZCORP, Inc. (Nasdaq: EZPW) announced today that it has
completed the acquisition of seven pawn stores located in the Salt Lake City area. These stores,
which have been operated under the Jumping Jack Cash brand, were purchased for cash from Jumping
Jack Cash Utah, LLC. The acquired stores include four traditional pawn stores, two super stores,
and one jewelry-only specialty store.
The acquisition of these stores gives us an immediate and significant pawn presence in the Salt
Lake City area, said Eric Fosse, President of the companys North American Operations. Salt Lake
City is a very attractive area for us, and these pawn stores complement our existing 17 EZ Loan
Services stores in Utah.
This acquisition also aligns with our strategic initiative to diversify our product offerings,
delivery methods and geographies, continued Mr. Fosse. With our previously announced planned
acquisition of 15 Mister Money pawn stores in Iowa, Wisconsin, and Illinois, which is scheduled to
close later this month, we will have extended our U.S. pawn operations into three new states this
year. These acquisitions enable us to leverage our existing operational structure, while giving us
a solid base for continued expansion.
About EZCORP
EZCORP is a leading provider of specialty consumer financial services. It provides collateralized
non-recourse loans, commonly known as pawn loans, and a variety of short-term consumer loans,
including payday loans, installment loans and auto title loans, or fee-based credit services to
customers seeking loans. At its pawn stores, the company also sells merchandise, primarily
collateral forfeited from its pawn lending operations.
EZCORP operates more than 1,000 stores, including over 500 pawn stores in the U.S. and Mexico and
over 500 short-term consumer loan stores in the U.S. and Canada. The company also has significant
investments in Cash Converters International Limited (CCV.L and CCV.ASX), which franchises and
operates a worldwide network of over 600 stores in 21 countries that provide financial services and
sell pre-owned merchandise, and Albemarle & Bond Holdings PLC (ABM.L), one of the U.K.s largest
pawnbroking businesses with over 140 stores.
Special Note Regarding Forward-Looking Statements
This announcement contains certain forward-looking statements regarding the Companys expected
performance in future periods, including the anticipated impact of the newly acquired stores.
These statements are based on the Companys current expectations. Actual results for future
periods may differ materially from those expressed or implied by these forward-looking statements
due to a number of uncertainties and other factors, including changing market conditions in the
overall economy and the industry, consumer demand for the Companys services and merchandise and
changes in the regulatory environment. For a discussion of these and other factors affecting the
Companys business and prospects, see the Companys annual, quarterly and other reports filed with
the Securities and Exchange Commission.
EZCORP Investor Relations
(512) 314-2220.