BNL FINANCIAL CORP

expiry = 2007-08-10...hibit 13(A)(1)(A) BNL FINANCIAL CORPORATION OFFER TO PURCHASE FOR CASH UP TO 4.625,714 SHARES OF ITS COMMON STOCK, NO PAR VALUE, AT A PURCHASE PRICE OF $1.25 PER SHARE THE OFFER AND WITHDRAWAL RIGHTS EXPIRE AT 12:00 NOON, CENTRAL DAYLIGHT TIME, ON FRIDAY, AUGUST 10, 2007, UNLESS THE OFFER IS EXTENDED. BNL Financial Corporation, an Iowa corporation (“BNL,” the "Company," or “Purchaser”), hereby invites its stockholders to tender up to 4,625,714 shares (“Shares”) of its common stock, no par value (“Common St...

mechanism = FIXED...se shares of its common stock, no par value per share (“Common Stock”). The Company is offering to purchase up to 4,625,714 shares (the “Shares”), or such lesser number of Shares that are validly tendered and not properly withdrawn, of its 2 Common Stock at a purchase price of $1.25 per share in cash upon the terms and subject to the conditions set forth in the Offer to Purchase or any amendment thereto and in the related Letter of Transmittal which together constitute the “Offer.” A copy of each is attached as Exhibit (a)(1)(A) and (a)(1)(B) and (a)(3)(A) and (a)(3)(B), respectively, to this combined Schedule TO and Schedule...

price = USD 1.25...any is offering to purchase up to 4,625,714 shares (the “Shares”), or such lesser number of Shares that are validly tendered and not properly withdrawn, of its 2 Common Stock at a purchase price of $1.25 per share in cash upon the terms and subject to the conditions set forth in the Offer to Purchase or any amendment thereto and in the related Letter of Transmittal which together constitute the “Offer.” A copy of each is attached...

txn_type = TENDER_OFFER..., Kenny Tobey and Barry Shamas have represented that they will not tender any shares. The Company does not expect any present director to tender shares. Item 1 - TO and 13E-3. SUMMARY TERM SHEET. The information set forth under the “Summary Term Sheet” in the Offer to Purchase dated June 8, 2007 (the “Offer to Purchase”) attached hereto as Exhibit (a)(1)(A) and (a)(3)(A) is incorporated herein by reference. Item 2 - TO and 13E-3. SUBJECT COMPANY INFORMATION. (a) Name and Address. The name of the issuer is BNL Financial Corporation, an Iowa corporation, and the address of its domiciliary home office is 7530 Hig...

untradeable = True...'s right to issue additional Shares and other equity securities in the future. See Introduction, Sections 1, 2, 5, 7-11. WHAT IS THE MARKET PRICE OF THE SHARES? To the Company’s knowledge, there are no securities dealers who make a market in the Common Stock, there is no established market for the Common Stock and there has been no established market for the Common Stock during the last five years. The Common stock is not listed on any securities exchange and is not part of the NASDAQ system. The purchase price of $1.25 per share is approximately 25% above the book value per share at March 31, 2007. See Introduction, Sections 2, 5-11. 6 WHAT I...

accepted = 4625714...any's directors and executive officers as a group (16 persons) beneficially owned an 27 aggregate of 11,045,852 Shares representing approximately 70.48% of the then outstanding Shares. If the Company purchases 4,625,714 Shares pursuant to the Offer with none being tendered by any officer or director, the Company's officers and directors as a group (16 persons) would own beneficially 100% of the outstanding Shares immediately after the Offer. The company’s executive officers (Wayne Ahart, Don Byrd, Kenny Tobey and Barry Sha...

expired_on = 2006-12-31...and Kenny Tobey, Vice Chairman of the Board and President of the corporation. The plan provided for a bonus based on consolidated after-tax profits subject to specified limits. This stock bonus plan expired on December 31, 2006. Messrs. Byrd and Tobey have represented that they will not tender any shares for purchase pursuant to this Offer. 29 Except for outstanding options to purchase Shares granted from time to time to certain employees (excluding executive officers) of the Company on certain fixed d...

final_price = 1.25...poration (“BNL,” the "Company," or “Purchaser”), hereby invites its stockholders to tender up to 4,625,714 shares (“Shares”) of its common stock, no par value (“Common Stock”), to the Company for its purchase at a price of $1.25 per Share (the “Purchase Price”) in cash, upon the terms and subject to the conditions set forth herein and in the related Letter of Transmittal (which together constitute the "Offer"). The Company will pay the Purchase Price for all Shares validly tendered and not withdrawn upon the term...

tendered = 4625714...ies. This combined Schedule TO and 13E-3 relates to the offer by the Company to purchase shares of its common stock, no par value per share (“Common Stock”). The Company is offering to purchase up to 4,625,714 shares (the “Shares”), or such lesser number of Shares that are validly tendered and not properly withdrawn, of its 2 Common Stock at a purchase price of $1.25 per share in cash upon the terms and subject to the conditions set forth in the Offer to Purchase or any amendment thereto and in the related Letter of Transmittal which together constitute the “Offer...