DENVER, Dec. 2, 2019 /PRNewswire/ -- TTEC
Holdings, Inc. (NASDAQ: TTEC) ("TTEC" or the "Company")
announced today the commencement of an underwritten secondary
offering of 3,000,000 shares of TTEC's common stock by a selling
stockholder, Kenneth D. Tuchman,
Chairman and CEO of TTEC. In connection with the offering, the
selling stockholder intends to grant the underwriters an option,
exercisable for thirty (30) days after the date of entry into the
underwriting agreement related to the offering, to purchase up to
450,000 additional shares of common stock, at the public offering
price, less underwriting discounts, from the selling stockholder.
TTEC is not offering any shares of common stock in the offering and
will not receive any proceeds from the sale of shares in the
offering.
BofA Securities and Morgan Stanley & Co. are acting as joint
book running managers for the offering. Cowen and Company, LLC,
Craig-Hallum Capital Group LLC and William
Blair & Company, L.L.C. are also acting as book runners,
with Northland Securities, Inc. and HSBC Securities (USA), Inc. acting as co-managers.
The offering of these securities is being made pursuant to an
effective registration statement filed with the Securities and
Exchange Commission (the "SEC") and only by means of a prospectus
and prospectus supplement. When available, investors may obtain
these documents for free by visiting EDGAR on the SEC's website at
www.sec.gov. Alternatively, copies of the prospectus and
preliminary prospectus supplement, when available, may be obtained
by contacting: BofA Securities, Attention: Prospectus Department,
NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte, NC 28255-0001, or by email at
dg.prospectusrequests@bofa.com; or Morgan Stanley & Co.,
Attention: Prospectus Department, 180 Varick Street, 2nd Floor,
New York, NY
10014.
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 offer,
solicitation, or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About TTEC
TTEC Holdings, Inc. (NASDAQ: TTEC) is a
leading global customer experience technology and services company
focused on the design, implementation and delivery of
transformative customer experience for many of the world's most
iconic and disruptive brands. The Company delivers outcome-based
customer engagement solutions through TTEC Digital, its digital
consultancy that designs and builds human centric, tech-enabled,
insight-driven customer experience solutions for clients and TTEC
Engage, its delivery center of excellence, that operates customer
acquisition, care, fraud prevention and detection, and content
moderation services. Founded in 1982, the Company's 48,500
employees operate on six continents across the globe and live by a
set of customer-focused values that guide relationships with
clients, their customers, and each other.
Special Note About Forward Looking Statements
This
press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended
(the "Securities Act"), Section 21E of the Securities Exchange Act
of 1934, as amended (the "Exchange Act"), and the Private
Securities Litigation Reform Act of 1995, relating to our
operations, expected financial, results of operation, and other
business matters that are based on our current expectations,
assumptions, and projections with respect to future, and are not a
guarantee of performance. Forward-looking statements include, but
are not limited to, statements related to TTEC's current
expectations regarding the performance of its business, financial
results, liquidity and capital resources, the effects of
competition and the effects of future legislation or regulations
and other non-historical statements. Forward-looking statements
include all statements that are not historical facts and, in some
cases, can be identified by the use of forward-looking terminology
such as the words "outlook," "believes," "expects," "potential,"
"continues," "may," "will," "should," "could," "seeks," "projects,"
"predicts," "intends," "plans," "estimates," "anticipates" or the
negative version of these words or other comparable words.
Forward-looking statements involve risks, uncertainties and
assumptions. Actual results may differ materially from those
expressed in these forward-looking statements. You should not put
undue reliance on any forward-looking statements in this press
release. Additional factors that could cause TTEC's results to
differ materially from those described in the forward-looking
statements can be found under the sections entitled "Cautionary
Note About Forward-Looking Statements," "Risk Factors" and
"Management's Discussion and Analysis of Financial Condition and
Results of Operations" (or similar captions) in TTEC's Annual
Report on Form 10-K for the year ended December 31, 2018, filed with the SEC, and TTEC's
prospectus supplement related to the offering, when filed with the
SEC, as such factors may be updated from time to time in TTEC's
periodic reports or other filings with the SEC, which are
accessible on the SEC's website at www.sec.gov. Forward-looking
statements speak only as of the date on which they are made and
TTEC undertakes no obligation to update or revise publicly any
guidance or other forward-looking statement, whether as a result of
new information, future developments or otherwise, except as
required by law.
For more information, contact:
Paul Miller
Investor Relations Officer
303-397-8641
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SOURCE TTEC Holdings, Inc.