Sensata Shareholders to Sell Ordinary SharesFebruary 14, 2013
The sale involves 15,000,000 shares to be made available in an underwritten public offering, which is expected to close on February 19, 2013.
ALMELO, Netherlands /PRNewswire/ -- Sensata Technologies Holding N.V. 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. You may get these documents for free by visiting EDGAR on the SEC Web site. Alternatively, the prospectus and prospectus supplement may be obtained from Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, NY 10014, Attn: Prospectus Department, or by calling 866-718-1649 or emailing email@example.com.
Sensata Technologies Holding N.V., a global industrial technology company, is a leader in the development, manufacture, and sale of sensors and controls.