false 0000096223 0000096223 2023-01-05 2023-01-05 0000096223 us-gaap:CommonStockMember 2023-01-05 2023-01-05 0000096223 jef:Four850SeniorNotesDue2027Member 2023-01-05 2023-01-05 0000096223 jef:Two750SeniorNotesDue2032Member 2023-01-05 2023-01-05

 

 

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): January 5, 2023

 

 

Jefferies Financial Group Inc.

(Exact name of registrant as specified in its charter)

 

 

 

New York   001-05721   13-2615557

(State or other jurisdiction of

incorporation or organization)

  

(Commission

File Number)

   (IRS. Employer
Identification No.)

 

520 Madison Ave., New York, New York   10022
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: 212-460-1900

 

 

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):

 

☐

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

 

☐

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

 

☐

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

 

☐

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

Securities registered pursuant to Section 12(b) of the Exchange Act:

 

Title of each class

  

Trading
Symbol(s)

  

Name of each exchange

on which registered

Common Stock, Par Value $1.00 Per Share   JEF   New York Stock Exchange
4.850% Senior Notes Due 2027   JEF 27A   New York Stock Exchange
2.750% Senior Notes Due 2032   JEF 32A   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

Item 8.01

Other Events

On January 5, 2023, the Board of Directors of Jefferies Financial Group Inc. (“Jefferies”) declared the distribution date for the previously announced pro rata dividend of the outstanding shares of common stock of Vitesse Energy, Inc. (“Vitesse Common Stock”) held by Jefferies, to be distributed effective as of 11:59 p.m. ET on January 13, 2023, to the holders of record of the common shares of Jefferies (“Jefferies Common Shares”) as of 5:00 p.m. ET on December 27, 2022, the record date for the distribution. The distribution, which will be at the rate of one share of Vitesse Common Stock for every 8.49668 Jefferies Common Shares held on the record date, with cash in lieu of fractional shares, will result in the separation of the two companies. The distribution is subject to the satisfaction or waiver of various conditions, including, among others, the Registration Statement on Form 10 relating to the spin-off having been declared effective by the U.S. Securities and Exchange Commission.

A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

Item 9.01

Financial Statements and Exhibits

(d)

 

Exhibit

Number

    Description
99.1    Press Release issued by Jefferies Financial Group Inc. on January 5, 2023
104    Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

SIGNATURE

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.

 

Date: January 5, 2023     JEFFERIES FINANCIAL GROUP INC.
     

/s/ Michael J. Sharp

      Michael J. Sharp
      Executive Vice President and General Counsel
Jefferies Financial (NYSE:JEF)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Jefferies Financial Charts.
Jefferies Financial (NYSE:JEF)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Jefferies Financial Charts.