ATKR Atkore Inc

Atkore International Group Inc. Announces Secondary Public Offering of Common Stock by Selling Stockholder

Atkore International Group Inc. (the “Company”) (NYSE: ATKR) today announced an offering of 6,000,000 shares of the Company’s common stock on an underwritten basis by the selling stockholder, CD&R Allied Holdings, L.P., an affiliate of Clayton, Dubilier & Rice, LLC (the “Selling Stockholder”), to Morgan Stanley, as the underwriter in a registered offering of these shares (the “Offering”). No shares are being sold by the Company. The Selling Stockholder will receive all of the net proceeds from the Offering. In connection with the Offering, the Selling Stockholder has granted the underwriter a 30-day option to purchase up to an additional 900,000 shares of common stock.

A shelf registration statement (including a prospectus) relating to the offering of the common stock has previously been filed with the U.S. Securities and Exchange Commission (the “SEC”) and has become effective. The Offering will be made only by means of a preliminary prospectus supplement related to the Offering being filed today by the Company with the SEC. Before investing, interested parties should read the preliminary prospectus supplement and the accompanying prospectus and other documents filed with the SEC for information about the Company and the Offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, a copy of the preliminary prospectus supplement and the accompanying prospectus, and the final prospectus supplement, when available, may be obtained from the underwriter at: Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, Second Floor, New York, New York  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.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements relating to financial outlook. Some of the forward-looking statements can be identified by the use of forward-looking terms such as "believes," "expects," "may," "will," "shall," "should," "would," "could," "seeks," "aims," "projects," "is optimistic," "intends," "plans," "estimates," "anticipates" or other comparable terms. Forward-looking statements include, without limitation, all matters that are not historical facts. Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond our control. We caution you that forward-looking statements are not guarantees of future performance or outcomes and that actual performance and outcomes, including, without limitation, our actual results of operations, financial condition and liquidity, and the development of the market in which we operate, may differ materially from those made in or suggested by the forward-looking statements contained in this press release. In addition, even if our results of operations, financial condition and cash flows, and the development of the market in which we operate, are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods.

About Atkore International Group Inc.

Atkore International Group Inc. is a leading manufacturer of Electrical Raceway products primarily for the non-residential construction and renovation markets and Mechanical Products & Solutions for the construction and industrial markets. The Company manufactures a broad range of end-to-end integrated products and solutions that are critical to its customers' businesses and employs approximately 3,500 people at 61 manufacturing and distribution facilities worldwide. The Company is headquartered in Harvey, Illinois.

EN
14/02/2018

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Reports on Atkore Inc

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Atkore Inc. Announces Scott Teerlinck Joins as President-Commercial Op...

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Atkore Inc. Declares Quarterly Dividend

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