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Genpact Announces Secondary Equity Offering on Behalf of Selling ShareholdersNEW YORK, May 21, 2019 /PRNewswire/ -- Genpact Limited (NYSE: G) ("Genpact"), a global professional services firm focused on delivering digital transformation, today announced an underwritten public offering of 10,000,000 common shares by certain shareholders, consisting of entities affiliated with Bain Capital Investors, LLC ("Bain Capital") and its co-investor, GIC Private Limited ("GIC", and together with Bain Capital, the "Selling Shareholders"). The Selling Shareholders are offering approximately 27% of Genpact's shares they beneficially own. After giving effect to this offering, the Selling Shareholders will beneficially own approximately 15% of Genpact's outstanding common shares. In addition, after giving effect to this offering, the number of directors that Bain Capital and its co-investors will be entitled to designate for nomination to Genpact's board of directors will be reduced to one under Genpact's shareholder agreement with the Selling Shareholders, which provides that Bain Capital and its co-investors have the right to designate for nomination four directors to Genpact's board of directors, subject to reduction based on certain minimum shareholding thresholds and other requirements and increases in certain circumstances. Genpact is not selling any common shares in, and will not receive any proceeds from, the offering. Citigroup is acting as the sole underwriter for the offering and proposes to offer the common shares from time to time for sale in one or more transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at prevailing market prices, at prices related to prevailing market prices or at negotiated prices. The issuer has filed a registration statement (including a prospectus) (File No. 333-230982) with the U.S. Securities and Exchange Commission (SEC) for the offering to which this communication relates and has become effective. A preliminary prospectus supplement relating to the offering will also be filed with the SEC. Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement and other documents the issuer has filed with the SEC for more complete information about the issuer, the Selling hareholders and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the issuer, underwriter or any dealer participating in the offering will arrange to send you the prospectus supplement and accompanying prospectus if you request it from Citigroup Global Markets Inc., Attn: Prospectus Department, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by telephone at 1-800-831-9146. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. About Genpact Safe Harbor Contacts Investors: Media: View original content to download multimedia:http://www.prnewswire.com/news-releases/genpact-announces-secondary-equity-offering-on-behalf-of-selling-shareholders-300854545.html SOURCE Genpact Limited |