Kinsale Capital Group (KNSL) to Offer 2.8M Common Shares

November 28, 2016 4:34 PM EST
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Kinsale Capital Group, Inc. (NASDAQ: KNSL) today announced that the selling stockholders named in the preliminary prospectus are offering to sell 2,800,000 shares of Kinsale common stock in an underwritten offering, subject to market and other conditions. Kinsale will not receive any proceeds from the offering. In connection with the offering, the selling stockholders have granted the underwriters an option to purchase up to an additional 420,000 shares.

J.P. Morgan Securities LLC and William Blair & Company, L.L.C. are acting as joint book-running managers for the offering. RBC Capital Markets, LLC is also acting as a joint book-running manager. SunTrust Robinson Humphrey, Inc., Dowling & Partners Securities LLC and Moelis & Company LLC are acting as co-managers.

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