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 17, 2010

EZCORP, Inc.

(Exact name of registrant as specified in its charter)

Delaware (State or other jurisdiction of incorporation)		0-19424 (Commission File Number)		74-2540145 (IRS Employer Identification No.)

1901 Capital Parkway, Austin, Texas 78746
(Address of principal executive offices) (zip code)

Registrant’s 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:

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-2(b))

o		Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

Item 5.02		— Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

(b)

Brad Wolfe, Senior Vice President and Chief Financial Officer (principal financial officer) has left the company, effective May 17, 2010. A copy of the company’s press release, dated May 17, 2010, announcing Mr. Wolfe’s departure is attached as Exhibit 99.1.

(c)

Danny Chism, Vice President and Chief Accounting Officer, has been designated to serve as principal financial officer, effective May 17, 2010, pending the selection of a successor to Mr. Wolfe. A description of Mr. Chism’s background and compensatory arrangements can be found in the company’s Current Report on Form 8-K, dated and filed November 30, 2009, which is incorporated herein by reference.

Item 7.01		— Regulation FD Disclosure

On May 20, 2010, the company issued a press release announcing that it had increased its investment in Cash Converters International Limited by acquiring an additional 16,200,000 newly issued ordinary shares for a total purchase price of AUS $9,720,000 (approximately $8.2 million U.S.). A copy of that press release is attached as Exhibit 99.2.

Item 9.01		— Financial Statements and Exhibits.

(d) Exhibits.

	99.1			Press Release, dated May 17, 2010
	99.2			Press Release, dated May 20, 2010

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.

EXHIBIT INDEX

Exhibit
No.				Description of Exhibit
	99.1			Press Release, dated May 17, 2010
	99.2			Press Release, dated May 20, 2010

Exhibit 99.1

EZCORP ANNOUNCES EXECUTIVE CHANGES

AUSTIN, Texas (May 17, 2010) — EZCORP, Inc. (Nasdaq: EZPW) announced today that Brad Wolfe, Senior Vice President and Chief Financial Officer, has left the company to pursue other interests.

On an interim basis, Danny Chism, Vice President and Chief Accounting Officer, will serve as the company’s principal financial officer pending the selection of a successor to Mr. Wolfe. Mr. Chism has been with EZCORP since August 1999. He served as controller for approximately 10 years and was promoted to Chief Accounting Officer in November 2009.

Joe Rotunda, Chief Executive Officer, said “We want to thank Brad for his contributions during his time with us and wish him all the best in his future endeavors. We are fortunate that we have someone with Danny’s experience to lead us through this transition and both appreciate and acknowledge the depth of talent we have in our Finance function.”

About EZCORP

EZCORP is a leading pawn store operator and 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 second-hand merchandise, primarily collateral forfeited from its pawn lending operations.

At March 31, 2010, EZCORP operated 450 pawn stores in the U.S. and Mexico and 482 short-term consumer loan stores in the U.S. and Canada. The company also has significant investments in Albemarle & Bond Holdings PLC (ABM.L), one of the U.K.’s largest pawnbroking businesses with over 120 stores, and Cash Converters International Limited (CCV.L and CCV.AUS), which franchises and operates a worldwide network of over 500 financial services and second-hand retail stores.

For additional information, contact Investor Relations at (512) 314-2220.

Exhibit 99.2

EZCORP INCREASES INVESTMENT IN CASH CONVERTERS

AUSTIN, Texas (May 20, 2010) — EZCORP, Inc. (Nasdaq: EZPW) announced today that it has acquired an additional 16,200,000 newly issued ordinary shares of Cash Converters International Limited. EZCORP paid AUS $0.60 per share, for a total of AUS $9,720,000 (approximately $8.2 million U.S.). EZCORP now owns approximately 32.76% of the outstanding ordinary shares of Cash Converters.

Cash Converters has been acquiring franchised locations, principally in Australia, and converting them into company operated stores. In addition, Cash Converters launched its cash advance business in the U.K. in October 2009 and, after a successful pilot program, now plans to expand that business. The proceeds of the EZCORP investment, along with the remaining proceeds of EZCORP’s original investment in November 2009, will be used to accelerate these growth strategies.

Joe Rotunda, EZCORP’s Chief Executive Officer, stated: “We are excited about this opportunity to enhance our relationship with Cash Converters. This additional investment represents a continuation of the product, format and geographic diversification strategy that we have been pursuing for some time. Cash Converters is making great progress in implementing their own growth strategies, and we look forward to continuing our mutually beneficial, long-term partnership.”

About EZCORP

EZCORP is a leading pawn store operator and 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 second-hand merchandise, primarily collateral forfeited from its pawn lending operations.

At March 31, 2010, EZCORP operated 450 pawn stores in the U.S. and Mexico and 482 short-term consumer loan stores in the U.S. and Canada. The company also has significant investments in Albemarle & Bond Holdings PLC (ABM.L), one of the U.K.’s largest pawnbroking businesses with over 120 stores, and Cash Converters International Limited (CCV.L and CCV.AUS), which franchises and operates a worldwide network of over 500 financial services and second-hand retail stores.

Special Note — This announcement contains forward-looking statements, including Cash Converters’ planned use of investment proceeds and the expected impact of EZCORP’s investment on Cash Converters’ growth. These statements are based on EZCORP’s current expectations. Actual results 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. For a discussion of various factors affecting EZCORP’s business and prospects, see EZCORP’s annual, quarterly and other reports filed with the Securities and Exchange Commission.

For additional information, contact Investor Relations at (512) 314-2220.