Wright Medical Group N.V. Announces Secondary Offering of 6.2 Million Ordinary Shares by Selling Shareholder
May 23 2016 - 4:54PM
Wright Medical Group N.V. (NASDAQ:WMGI) (the “Company”) today
announced that TMG Holdings Coöperatief U.A., an affiliate of
Warburg Pincus LLC (the “Selling Shareholder”), intends to offer
for sale 6,221,809 of its ordinary shares pursuant to the Company’s
shelf registration statement filed with the Securities and Exchange
Commission (“SEC”). The Selling Shareholder will receive all
of the net proceeds from this offering. No shares are being
sold by the Company.
BofA Merrill Lynch is acting as underwriter for the
offering.
An automatic shelf registration statement (including a
prospectus) relating to the offering of ordinary shares was filed
with the SEC on November 17, 2015 and became effective upon
filing. Before you invest, you should read the prospectus
included in that registration statement and the documents
incorporated by reference in that registration statement, as well
as the prospectus supplement related to this offering. You
may obtain these documents for free by visiting EDGAR on the SEC
website at www.sec.gov. When available, copies of the
prospectus supplement and accompanying prospectus related to the
offering may also be obtained from BofA Merrill Lynch,
NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte
NC 28255-0001, Attn: Prospectus Department, or by E-mail at
dg.prospectus_requests@baml.com.
The offering of these securities will be made only by means of a
prospectus supplement and the accompanying prospectus. 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 other 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 other jurisdiction. Any offer to buy the securities
may be withdrawn or revoked, without obligation or commitment of
any kind, at any time prior to notice of its acceptance given after
the effective date.
About Wright Medical Group N.V.
Wright Medical Group N.V. is a global medical device company
focused on extremities and biologics products. The Company is
committed to delivering innovative, value-added solutions improving
quality of life for patients worldwide and is a recognized leader
of surgical solutions for the upper extremities (shoulder, elbow,
wrist and hand), lower extremities (foot and ankle) and biologics
markets, three of the fastest growing segments in
orthopaedics.
Forward-Looking Statement
This press release includes statements that express our
opinions, expectations, beliefs, plans, objectives, assumptions or
projections regarding future events or future results and therefore
are, or may be deemed to be, “forward-looking statements” within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, including statements regarding the offering. These
forward-looking statements can generally be identified by the use
of forward-looking terminology, including the terms “believes,”
“expects,” “may,” “will,” “should,” “seeks,” “projects,”
“approximately,” “intends,” “plans,” “estimates” or “anticipates,”
or, in each case, their negatives or other variations or comparable
terminology. By their nature, forward-looking statements
involve risks and uncertainties because they relate to events and
depend on circumstances that may or may not occur in the future,
including risks and uncertainties relating to the consummation of
the proposed offering by the Selling Shareholder and the risks
identified, or incorporated by reference, in the prospectus
supplement or accompanying prospectus.
Investors & Media:
Wright Medical Group N.V.
Julie D. Tracy
Chief Communications Officer
(901) 290-5817 (office)
julie.tracy@wright.com
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