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EX-99.1 - PRESS STATEMENT ISSUED BY VIRGINIA NATIONAL BANKSHARES CORPORATION - Virginia National Bankshares Corpexhibit99-1.htm

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: May 20, 2014
(Date of earliest event reported)


VIRGINIA NATIONAL BANKSHARES CORPORATION
(Exact name of registrant as specified in its charter)

Virginia 000-55117 46-2331578
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation) File Number) Identification No.)

404 People Place
Charlottesville, Virginia 22911
(Address of principal executive offices) (Zip Code)

(434) 817-8621
(Registrant’s telephone number, including area code)

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):

     c Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

     c Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

     c Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

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




Item 8.01 Other Events.

On May 20, 2014, the Board of Directors of Virginia National Bankshares Corporation (the “Company”) (a) approved increasing the quarterly cash dividend from $0.05 per share to $0.075 per share and (b) declared a quarterly cash dividend of $0.075 per share to be paid on July 11, 2014 to shareholders of record as of June 30, 2014. A copy of the Company’s press statement announcing these actions is attached hereto as Exhibit 99.1 and incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

     (d) Exhibits

     The following exhibit(s) are filed herewith:

      Exhibit No.       Description  
99.1   Press statement issued by Virginia National Bankshares Corporation on May 21, 2014.

 

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.

VIRGINIA NATIONAL BANKSHARES CORPORATION
 
 
By:   /s/ Glenn W. Rust  
     Glenn W. Rust
     President and Chief Executive Officer

Dated: May 22, 2014