ALMELO, Netherlands, Feb. 18, 2011 /PRNewswire-FirstCall/ -- Sensata Technologies Holding N.V. (NYSE: ST) today announced the pricing of a secondary offering of 20,000,000 ordinary shares at a price to the public of $33.15 per share. All of the shares are being sold by existing shareholders as identified in a prospectus relating to the offering. The underwriters have a 30-day option to purchase up to an additional 3,000,000 ordinary shares from the selling shareholders. Sensata Technologies will not receive any proceeds from this offering, other than proceeds from options exercised by certain shareholders in connection with the offering.
Morgan Stanley, Barclays Capital, Goldman, Sachs & Co., BofA Merrill Lynch and J.P. Morgan are acting as joint book-running managers for the offering. Citi, BMO Capital Markets, Oppenheimer & Co. and RBC Capital Markets are acting as co-managers.
A registration statement relating to this offering was declared effective by the Securities and Exchange Commission on February 17, 2011. This offering is being made solely by means of a prospectus, copies of which 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@example.com; 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 firstname.lastname@example.org.
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.
SOURCE Sensata Technologies Holding N.V.