There were 1,559 press releases posted in the last 24 hours and 413,435 in the last 365 days.

Wright Medical Group N.V. Announces Secondary Offering of 6.2 Million Ordinary Shares by Selling Shareholder

AMSTERDAM, The Netherlands, May 23, 2016 (GLOBE NEWSWIRE) -- Wright Medical Group N.V. (NASDAQ:WMGI) (the “Company”) today announced that TMG Holdings Coöperatief U.A., an affiliate of Warburg Pincus LLC (the “Selling Shareholder”), intends to offer for sale 6,221,809 of its ordinary shares pursuant to the Company’s shelf registration statement filed with the Securities and Exchange Commission (“SEC”).  The Selling Shareholder will receive all of the net proceeds from this offering.  No shares are being sold by the Company.

BofA Merrill Lynch is acting as underwriter for the offering.

An automatic shelf registration statement (including a prospectus) relating to the offering of ordinary shares was filed with the SEC on November 17, 2015 and became effective upon filing.  Before you invest, you should read the prospectus included in that registration statement and the documents incorporated by reference in that registration statement, as well as the prospectus supplement related to this offering.  You may obtain these documents for free by visiting EDGAR on the SEC website at www.sec.gov.  When available, copies of the prospectus supplement and accompanying prospectus related to the offering may also be obtained from BofA Merrill Lynch, NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte NC  28255-0001, Attn: Prospectus Department, or by E-mail at dg.prospectus_requests@baml.com.

The offering of these securities will be made only by means of a prospectus supplement and the accompanying prospectus.  This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.  Any offer to buy the securities may be withdrawn or revoked, without obligation or commitment of any kind, at any time prior to notice of its acceptance given after the effective date.

About Wright Medical Group N.V.

Wright Medical Group N.V. is a global medical device company focused on extremities and biologics products.  The Company is committed to delivering innovative, value-added solutions improving quality of life for patients worldwide and is a recognized leader of surgical solutions for the upper extremities (shoulder, elbow, wrist and hand), lower extremities (foot and ankle) and biologics markets, three of the fastest growing segments in orthopaedics. 

Forward-Looking Statement

This press release includes statements that express our opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results and therefore are, or may be deemed to be, “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the offering. These forward-looking statements can generally be identified by the use of forward-looking terminology, including the terms “believes,” “expects,” “may,” “will,” “should,” “seeks,” “projects,” “approximately,” “intends,” “plans,” “estimates” or “anticipates,” or, in each case, their negatives or other variations or comparable terminology.  By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future, including risks and uncertainties relating to the consummation of the proposed offering by the Selling Shareholder and the risks identified, or incorporated by reference, in the prospectus supplement or accompanying prospectus.

Investors & Media:  

Wright Medical Group N.V. 
Julie D. Tracy
Chief Communications Officer
(901) 290-5817 (office)
julie.tracy@wright.com

Primary Logo