Rice Energy (RICE) Prices 40M Common Stock Offering at $25.50/Share

September 27, 2016 5:55 AM EDT

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Rice Energy Inc. (NYSE: RICE) announced the pricing of an underwritten public offering of 40,000,000 shares of its common stock at a price to the public of $25.50 per share of common stock. In connection with the offering, Rice Energy granted the underwriters a 30-day option to purchase up to an additional 6,000,000 shares of its common stock. The offering is expected to close on September 30, 2016, subject to customary closing conditions.

Rice Energy intends to use the net proceeds from the offering to fund a portion of the previously announced acquisition of Vantage Energy, LLC and Vantage Energy II, LLC (the "Acquisition"). The offering is not conditioned on the consummation of the Acquisition, and if the Acquisition does not occur, the net proceeds will be used for general corporate purposes.

Barclays Capital Inc. and Wells Fargo Securities, LLC are acting as book-running managers of the offering. The offering is being made only by means of a prospectus supplement and accompanying prospectus. A copy of the preliminary prospectus supplement and accompanying prospectus relating to the offering may be obtained from the offices of:

Barclays Capital Inc. c/o Broadridge Financial Solutions1155 Long Island Ave.Edgewood, New York, 11717Email: Barclaysprospectus@broadridge.comTelephone: 1 (888) 603-5847

Wells Fargo Securities, LLCAttention: Equity Syndicate Department375 Park AvenueNew York, New York, 10152Email: cmclientsupport@wellsfargo.comTelephone: 1 (800) 326-5897

These documents may also be obtained at no charge from the Securities and Exchange Commission's ("SEC's") website at www.sec.gov.

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