Francesca's Holdings Corporation Announces Secondary Offering of 7,394,727 Shares of Common Stock
March 26 2013 - 5:51PM
Francesca's Holdings Corporation (Nasdaq:FRAN) (the "Company")
today announced a secondary offering of 7,394,727 shares of its
common stock. All 7,394,727 shares are being offered by selling
stockholders, which includes certain members of management of the
Company and certain affiliates of CCMP Capital Advisors, LLC. The
Company will not receive any proceeds from the sale of shares in
this offering.
Upon completion of this offering, CCMP Capital Advisors, LLC
will no longer own any shares of the Company's common stock.
Jefferies LLC is acting as the sole underwriter for the
offering.
The offering is being made pursuant to an effective shelf
registration statement. The offering will be made only by means of
a prospectus supplement and the accompanying prospectus, copies of
which may be obtained by contacting: Jefferies LLC, Attn: Equity
Syndicate Prospectus Department, 520 Madison Avenue, 12th Floor,
New York, NY, 10022, Phone: (877) 547-6340, Email:
Prospectus_Department@Jefferies.com.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy any of the securities, 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 Francesca's Holdings Corporation
francesca's® is a growing specialty retailer with retail
locations designed and merchandised to feel like independently
owned, upscale boutiques providing customers a fun and
differentiated shopping experience. The merchandise assortment is a
diverse and balanced mix of apparel, jewelry, accessories and
gifts. francesca's® appeals to the 18-35 year-old, fashion
conscious, female customer, although the Company finds that women
of all ages are attracted to the eclectic and sophisticated
merchandise selection and boutique setting. francesca's® boutiques
carry a broad selection but limited quantities of individual styles
and new merchandise is introduced five days a week.
The Francesca's Collections logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=15831
Forward Looking Statements
Certain statements in this release are "forward-looking
statements" made pursuant to the safe-harbor provisions of the
Private Securities Litigation Reform Act of 1995. Such
forward-looking statements reflect the Company's current
expectations or beliefs concerning future events and are subject to
various risks and uncertainties that may cause actual results to
differ materially from those that we expected. For a discussion of
these and other risks and uncertainties that could cause actual
results to differ materially from those contained in our
forward-looking statements, please refer to "Risk Factors" in the
prospectus supplement and accompanying prospectus for this offering
and our Annual Report on Form 10-K for the year ended February 2,
2013, which is incorporated by reference in the prospectus
supplement and accompanying prospectus for this offering. We
undertake no obligation to publicly update or revise any
forward-looking statement.
CONTACT: ICR, Inc.
Jean Fontana
646-277-1214
Company
Randi Sonenshein, Vice President,
Finance and Investor Relations
832-494-2250
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