Brief: Fednat Holding Co Says It Received Resignation Of Erick Fernandez, Co's Interim CFO

Fednat Holding Co

12/09/2022 14:57

Sept 12 (Reuters) - Fednat Holding Co  FNHC.O :
    * FEDNAT HOLDING CO - ON SEPTEMBER 6, CO RECEIVED
RESIGNATION OF
ERICK A. FERNANDEZ, COMPANY'S INTERIM CFO
    * FEDNAT HOLDING CO - ON SEPT 8, BOARD APPOINTED J. GORDON
JENNINGS III TO SERVE AS INTERIM CFO EFFECTIVE SEPTEMBER 20
    * FEDNAT HOLDING- ON SEPT 8, CO AND GROUP OF INVESTORS
MANAGED BY
HALE PARTNERSHIP CAPITAL MANAGEMENT LLC  ENTERED INTO A STOCK
PURCHASE AGREEMENT
    * FEDNAT HOLDING CO - CLOSED SALE OF 30,000 SHARES OF COMMON
STOCK
OF MONARCH NATIONAL INSURANCE COMPANY HELD BY COMPANY TO HALE
INVESTORS FOR $2.5 MILLION
    * FEDNAT HOLDING CO - HALE INVESTORS INCREASED THEIR
OWNERSHIP OF
MONARCH'S OUTSTANDING COMMON STOCK TO 70%
    * FEDNAT HOLDING CO - COMPANY REDUCED ITS OWNERSHIP OF
MONARCH'S
COMMON STOCK TO 30%

Source text for Eikon:  ID: 
Further company coverage:  FNHC.O 

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