Market Overview

Del Frisco's Restaurant Group, Inc. Files Registration Statement for Proposed Secondary Public Offering For 5 Million Shares

Del Frisco's Restaurant Group, Inc. (Nasdaq: DFRG), the owner and operator of the Del Frisco's Double Eagle Steak House, Sullivan's Steakhouse, and Del Frisco's Grille restaurant concepts, today announced that it has filed a registration statement with the U.S. Securities and Exchange Commission in connection with a proposed secondary public offering of 5,000,000 shares of common stock. The underwriters will have a 30 day option from the date of the offering to purchase up to an additional 750,000 shares. All shares will be offered by the Company's largest shareholder, an affiliate of Lone Star Funds. Del Frisco's Restaurant Group, Inc. will not receive any proceeds from the sale of these shares.

Deutsche Bank Securities, Piper Jaffray, and Wells Fargo Securities are serving as joint book-running managers for the offering. Cowen and Company and Raymond James are serving as co-managers for the offering.

The offering will be made by means of a prospectus. When available, copies of the prospectus may be obtained from: Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, NY 10005-2836, by email to prospectus.cpdg@db.com, or by telephone at (800) 503-4611; Piper Jaffray & Co., Attention: Prospectus Department, 800 Nicollet Mall, Suite 800, Minneapolis, MN 55402, by email to prospectus@pjc.com, or by telephone at (800) 747-3924; or Wells Fargo Securities, LLC, Attention: Equity Syndicate Department, 375 Park Avenue, New York, NY 10152, by email to cmclientsupport@wellsfargo.com, or by telephone at (800) 326-5897.

A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Posted-In: News Offerings

 

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