Sensata (ST) Stockholder Plans Sale of 15M Shares Through Offering
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Sensata Technologies Holding N.V. (NYSE: ST) today announced that certain of its existing shareholders have agreed to sell 15,000,000 ordinary shares in an underwritten public offering. Sensata Technologies will not receive any proceeds from this offering. The offering is expected to close on February 19, 2013.
Morgan Stanley & Co. LLC acted as sole book-running manager and underwriter of the offering. The underwriter may 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 prevailing market prices or at negotiated prices. The last reported sales price of Sensata Technologies' ordinary shares on February 12, 2013 was $33.70 per share.
The offering of these ordinary shares is being made only by means of a prospectus supplement and related prospectus.
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Morgan Stanley & Co. LLC acted as sole book-running manager and underwriter of the offering. The underwriter may 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 prevailing market prices or at negotiated prices. The last reported sales price of Sensata Technologies' ordinary shares on February 12, 2013 was $33.70 per share.
The offering of these ordinary shares is being made only by means of a prospectus supplement and related prospectus.
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