|[January 14, 2014]
IHS Inc. Announces Pricing of Secondary Public Offering of Class A Common Stock
ENGLEWOOD, Colo. --(Business Wire)--
IHS (News - Alert) Inc. (NYSE: IHS) today announced that an existing stockholder,
Conscientia Investment Limited, has priced a secondary public offering
of 3,478,261 shares of IHS's Class A common stock at $116.00 per share,
before deducting the underwriting discount. The selling stockholder also
has granted the underwriters a 30-day option to purchase up to an
additional 521,739 shares. IHS will not receive any of the proceeds from
the sale of shares in the offering.
Goldman, Sachs & Co. is the sole bookrunning manager for the offering.
BofA Merrill Lynch is acting as lead manager for the offering, and RBC
Capital Markets, LLC and Wells Fargo (News - Alert) Securities, LLC are acting as
IHS has filed a registration statement (including a prospectus) and a
preliminary prospectus supplement with the Securities and Exchange
Commission (SEC (News - Alert)) for the offering to which this press release relates.
Prospective investors should read the prospectus in that registration
statement, the preliminary prospectus supplement and other documents
that IHS has filed with the SEC for more complete information about IHS
and the offering. Copies of the preliminary prospectus supplement and
the accompanying prospectus, and, when available, the final prospectus
supplement, relating to the offering may be obtained by visiting EDGAR
on the SEC Web site at www.sec.gov
or by contacting Goldman, Sachs & Co., Attn: Prospectus Department, 200
West Street, New York, NY 10282, telephone: (86) 471-2526, facsimile:
(212) 902-9316, email: firstname.lastname@example.org.
This news 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 offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or other
This release contains "forward-looking statements" within the meaning of
the safe harbor provisions of the U.S. Private Securities Litigation
Reform Act of 1995. Forward-looking statements can be identified by
words such as: "anticipate," "intend," "plan," "goal," "seek,"
"believe," "project," "predict," "estimate," "expect," "continue,"
"strategy," "future," "likely," "may," "might," "should," "will," the
negative of these terms, and similar references to future periods.
Forward-looking statements are neither historical facts nor assurances
of future performance. Instead, they are based only on our current
beliefs, expectations and assumptions regarding the future of our
business, future plans and strategies, projections, anticipated events
and trends, the economy and other future conditions. Because
forward-looking statements relate to the future, they are subject to
inherent uncertainties, risks and changes in circumstances that are
difficult to predict and many of which are outside of our control. A
detailed discussion of some of the risks and uncertainties that could
cause our actual results and financial condition to differ materially
from the forward-looking statements is described under the caption "Risk
Factors" in our most recent annual report on Form 10-K, along with our
other filings with the SEC.
Any forward-looking statement made by us in this release is based only
on information currently available to us and speaks only as of the date
on which it is made. We undertake no obligation to publicly update any
forward-looking statement, whether written or oral, that may be made
from time to time, whether as a result of new information, future
developments or otherwise.
IHS (NYSE: IHS) is the leading source of information, insight and
analytics in critical areas that shape today's business landscape.
Businesses and governments in more than 165 countries around the globe
rely on the comprehensive content, expert independent analysis, and
flexible delivery methods of IHS. IHS's aim is to embed its solutions
within the entire spectrum of its customers' organization, enabling
executive level capital deployment strategies and following
decision-making activities throughout their organizations to front-line
employees tasked with managing their company's complex core daily
operations. IHS has been in business since 1959 and became a publicly
traded company on the New York Stock Exchange in 2005. Headquartered in
Englewood, Colorado, USA, IHS is committed to sustainable, profitable
growth and employs approximately 8,000 people in more than 31 countries
around the world.
IHS is a registered trademark of IHS Inc. All other company and
product names may be trademarks of their respective owners. © 2014 IHS
Inc. All rights reserved.
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