ALMELO, Netherlands, Nov. 17, 2010 /PRNewswire via COMTEX/ --
Sensata Technologies Holding N.V. (NYSE: ST) today announced that the underwriters exercised their over-allotment option to purchase an additional 3,000,000 ordinary shares from the selling shareholders participating in Sensata Technologies' previously announced secondary offering at a price to the public of $24.10 per share. The offering of 23,000,000 ordinary shares, including the shares purchased upon exercise of the over-allotment option, closed today. Sensata will not receive any proceeds from the sale of the ordinary shares, other than the proceeds from the exercise of stock options by certain selling shareholders in connection with the offering.
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Morgan Stanley, Barclays Capital, Goldman, Sachs & Co., BofA Merrill Lynch and J.P. Morgan acted as joint book-running managers for the offering. Citi, BMO Capital Markets and RBC Capital Markets acted as co-managers.
A registration statement relating to this offering was declared effective by the Securities and Exchange Commission on November 10, 2010. The prospectus related to the offering may be obtained from: Morgan Stanley & Co. Incorporated, 180 Varick Street, 2nd Floor, New York, New York 10014, Attention: Prospectus Department, or by calling (866) 718-1649 or by emailing [email protected]; or Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by calling (888) 603-5847 or by emailing [email protected].
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Sensata Technologies Holding N.V.
Sensata Technologies Holding N.V., a global industrial technology company, is a leader in the development, manufacture and sale of sensors and controls.
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Contact:
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Investors:
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News Media:
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Maggie Morris
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Linda Megathlin
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Investor Relations Director
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Communications Director
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(508)236-1069
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(508)236-1761
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[email protected]
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[email protected]
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SOURCE Sensata Technologies Holding N.V.