Attached files
file | filename |
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S-1/A - S-1/A - Xenith Bankshares, Inc. | w80493a1sv1za.htm |
EX-5.1 - EX-5.1 - Xenith Bankshares, Inc. | w80493a1exv5w1.htm |
EX-4.11 - EX-4.11 - Xenith Bankshares, Inc. | w80493a1exv4w11.htm |
EX-99.2 - EX-99.2 - Xenith Bankshares, Inc. | w80493a1exv99w2.htm |
EX-99.1 - EX-99.1 - Xenith Bankshares, Inc. | w80493a1exv99w1.htm |
EX-4.10 - EX-4.10 - Xenith Bankshares, Inc. | w80493a1exv4w10.htm |
EX-23.2 - EX-23.2 - Xenith Bankshares, Inc. | w80493a1exv23w2.htm |
EX-99.5 - EX-99.5 - Xenith Bankshares, Inc. | w80493a1exv99w5.htm |
EX-99.7 - EX-99.7 - Xenith Bankshares, Inc. | w80493a1exv99w7.htm |
EX-99.6 - EX-99.6 - Xenith Bankshares, Inc. | w80493a1exv99w6.htm |
EX-99.4 - EX-99.4 - Xenith Bankshares, Inc. | w80493a1exv99w4.htm |
EX-99.9 - EX-99.9 - Xenith Bankshares, Inc. | w80493a1exv99w9.htm |
EX-99.8 - EX-99.8 - Xenith Bankshares, Inc. | w80493a1exv99w8.htm |
EX-99.10 - EX-99.10 - Xenith Bankshares, Inc. | w80493a1exv99w10.htm |
Exhibit 99.3
FORM OF LETTER TO SHAREHOLDERS WHO ARE RECORD HOLDERS
HAMPTON ROADS BANKSHARES, INC.
100,000,000 Shares of Common Stock
Offered Pursuant to Rights Distributed to Our Shareholders
Offered Pursuant to Rights Distributed to Our Shareholders
, 2010
THE RIGHTS OFFERING SUBSCRIPTION PERIOD WILL EXPIRE AT 5:00 P.M.,
NEW YORK CITY TIME, ON , 2010, UNLESS EXTENDED BY US.
NEW YORK CITY TIME, ON , 2010, UNLESS EXTENDED BY US.
Dear Shareholder:
Hampton Roads Bankshares, Inc. is sending you this letter because you were a shareholder of
record of our common stock at 5:00 p.m., Eastern Time, on September 29, 2010. As such, you are
receiving non-transferable subscription rights to purchase shares of our common stock in a rights
offering by the company. The rights offering is described in the enclosed offering prospectus
dated , 2010 (Prospectus).
We are offering up to 100,000,000 shares of common stock, as described in the Prospectus, at a
cash price of $0.40 per share. The number of these shares that you may purchase is described
below.
For each share of common stock owned as of the Record Date, you may purchase 2.2698 additional
shares of common stock under what we refer to as your Basic Subscription Right. In addition, if
you exercise your Basic Subscription Right in full, you will be eligible to purchase any shares of
common stock that are not purchased by other shareholders under what we refer to as your
Over-Subscription Privilege.1 Please note that fractional shares purchased will be
rounded down to the nearest whole number.
Your right to purchase common stock in the rights offering will expire if not exercised by
5:00 p.m., Eastern Time, on
, 2010, unless we decide to extend the offering period
as described in the Prospectus. Once submitted, all exercises of the rights are irrevocable. You
should read the Prospectus carefully before deciding whether to exercise your rights.
Your subscription rights are evidenced by the accompanying non-transferable subscription
rights certificate registered in your name (the Rights Certificate). The back of the
Rights Certificate contains the exercise form for participating in our rights offering. If
not exercised, your Rights Certificate will cease to have any value when the rights offering
expires.
1 | If the total over-subscription requests exceed the shares of common stock available in the rights offering, then we will allocate the available shares pro rata among shareholders who exercise the Over-Subscription Privilege, as further described in the Prospectus. |
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Enclosed are copies of the following documents:
1. | Prospectus; | ||
2. | Your Rights Certificate; | ||
3. | Instructions as to the use of the Rights Certificates; | ||
4. | Notice of Tax Information; and | ||
5. | A return envelope addressed to Registrar and Transfer Company, the subscription agent. |
Your prompt action is requested. To exercise your rights, you should deliver the properly
completed and signed Rights Certificate, with payment of the subscription price in full for each
share of common stock subscribed for pursuant to the Basic Subscription Right and the
Over-Subscription Privilege, to the subscription agent, as indicated in the Prospectus. The
subscription agent must receive the Rights Certificate with payment, including final clearance of
any checks, prior to the rights offering expiration. You cannot revoke the exercise of your
subscription rights. Rights not exercised prior to the expiration time will expire.
Additional copies of the enclosed materials may be obtained by contacting the company by
calling Douglas J. Glenn, our Executive Vice President, General Counsel, and Chief Operating
Officer at (757) 217-3634 or via e-mail at dglenn@bofhr.com. Any questions or requests for
assistance concerning the rights offering should be directed to the company.
Very truly yours,
Hampton Roads Bankshares, Inc.
NOTHING IN THIS PROSPECTUS OR IN THE ENCLOSED DOCUMENTS SHALL CONSTITUTE YOU OR ANY PERSON AS AN
AGENT OF HAMPTON ROADS BANKSHARES, INC., THE SUBSCRIPTION AGENT OR ANY OTHER PERSON MAKING OR
DEEMED TO BE MAKING OFFERS OF THE SECURITIES ISSUABLE UPON VALID EXERCISE OF THE RIGHTS, OR
AUTHORIZE YOU OR ANY OTHER PERSON TO MAKE ANY STATEMENTS ON BEHALF OF ANY OF THEM WITH RESPECT TO
THE OFFERING EXCEPT FOR STATEMENTS MADE IN THE PROSPECTUS.
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