BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--
TriMas Corporation (NASDAQ: TRS) announced today that the sale by
Heartland Industrial Associates, L.L.C. of 1,000,000 shares of TriMas
Corporation's common stock to Deutsche Bank Securities as the sole
underwriter in the registered public offering of those shares has been
priced at $36.90 per share. All net proceeds from the sale of the common
stock will be received by the selling stockholder. TriMas Corporation
will not receive any of the proceeds. The total number of outstanding
shares of TriMas Corporation's common stock will not change as a result
of this offering. The offering is expected to close on August 5, 2013.
The shares are being sold by the selling stockholder pursuant to an
effective shelf registration statement. A copy of the prospectus
relating to these securities may be obtained, when available, from
Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall
Street, New York, New York 10005-2836, telephone: 800-503-4611, or
email: prospectus.CPDG@db.com.
Alternatively, interested parties may also obtain these documents, free
of charge, by visiting EDGAR on the SEC Web site at www.sec.gov.
This press release shall not constitute an offer to sell, nor the
solicitation of an offer to buy, TriMas Corporation's common stock or
any other securities, nor shall there be any sale of securities
mentioned in this press release in any state in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state.
Cautionary Notice Regarding Forward-looking
Statements
Any "forward-looking" statements contained herein, including those
relating to market conditions or the Company's financial condition and
results, expense reductions, liquidity expectations, business goals and
sales growth, involve risks and uncertainties, including, but not
limited to, risks and uncertainties with respect to general economic and
currency conditions, various conditions specific to the Company's
business and industry, the Company's leverage, liabilities imposed by
the Company's debt instruments, market demand, competitive factors,
supply constraints, material and energy costs, technology factors,
litigation, government and regulatory actions, the Company's accounting
policies, future trends, and other risks which are detailed in the
Company's Annual Report on Form 10-K for the fiscal year ended December
31, 2012. These risks and uncertainties may cause actual results to
differ materially from those indicated by the forward-looking
statements. All forward-looking statements made herein are based on
information currently available, and the Company assumes no obligation
to update any forward-looking statements.
About TriMas
Headquartered in Bloomfield Hills, Michigan, TriMas Corporation (NASDAQ:
TRS) provides engineered and applied products for growing markets
worldwide. TriMas is organized into six reportable segments:
Packaging, Energy, Aerospace & Defense, Engineered Components, Cequent
APEA and Cequent Americas. TriMas has approximately 5,500 employees at
more than 60 different facilities in 17 countries.
TriMas Corporation
Sherry Lauderback
Vice President, Investor
Relations
& Communications
(248) 631-5506
sherrylauderback@trimascorp.com
Source: TriMas Corporation
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