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FleetMatics Group PLC Announces Pricing Of Follow-On Offering

Thursday, 31 Jan 2013 08:00am EST 

FleetMatics Group PLC announced the pricing of 7,700,000 of its ordinary shares at a price to the public of $25.00 per share in a follow-on offering. All of the shares sold in the offering were sold by Fleetmatics Investor Holdings, L.P., the principal stockholder of the Company. In addition, certain of the existing shareholders have granted the underwriters an option to purchase an additional 1,155,000 ordinary shares. Fleetmatics will not receive any proceeds from the sale of these shares. Barclays and BofA Merrill Lynch are acting as joint book-running managers for the offering. RBC Capital Markets, Stifel Nicolaus Weisel, William Blair and Pacific Crest Securities are acting as co-managers for the offering 

Company Quote

-0.34 -0.88%
19 Dec 2014