Sensata Tech Offering 10M Shares
Sensata Technologies Holding N.V. (NYSE: ST) today announced the commencement of an underwritten public offering of 10,000,000 ordinary shares by existing shareholders as identified in the prospectus supplement relating to this offering. Sensata Technologies will not receive any proceeds from this offering, other than proceeds from options exercised by certain selling shareholders in connection with the offering. The underwriters will offer the ordinary shares from time to time for sale in negotiated transactions or otherwise, at market prices prevailing at the time of sale, at prices related to such prevailing market prices or at negotiated prices.
Morgan Stanley and Barclays are acting as joint book-running managers of the offering.
An automatic shelf registration statement relating to the ordinary shares of Sensata Technologies to be sold in the offering was filed today with the Securities and Exchange Commission (SEC) and became effective upon filing. The offering of these ordinary shares is being made only by means of a prospectus and prospectus supplement. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the prospectus and prospectus supplement may be obtained from Morgan Stanley & Co. LLC, 180 Varick Street, New York, New York 10014, Attention: Prospectus Department, (866) 718-1649, 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.
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