ALAMO GROUP INC. ANNOUNCES THE FILING OF A REGISTRATION STATEMENT RELATING TO THE OFFERING OF 2,000,000 SHARES OF COMMON STOCK.SEGUIN, Texas--(BUSINESS WIRE)--June 2, 1995--Alamo Group Inc. (Nasdaq:ALMO) today announced the filing with the Securities and Exchange Commission of a registration statement relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the public offering of 2,000,000 shares of Common Stock. All of the 2,000,000 shares being offered are being sold by the Company. In addition, the registration statement covers 300,000 shares subject to an over-allotment option, of which 145,000 are to be sold by certain selling shareholders. Net proceeds Net Proceeds The amount received after all costs are deducted from the sale of a piece of property or security. Notes: In the case of an investor selling a security, net proceeds represent the proceeds from the sale minus any trading costs (i.e. commissions). from the offering received by the Company will be used to reduce a portion of its outstanding indebtedness. The co-managers of the offering are Bear, Stearns & Co. Inc., A.G. Edwards & Sons, Inc. and The Robinson-Humphrey Company, Inc. Alamo Alamo Eighteenth-century mission in San Antonio, Texas, site of a historic siege of a small group of Texans by a Mexican army (1836) during the Texas war for independence from Mexico. Group Inc. is a leader in the design, manufacturing and distribution of heavy duty, tractor-mounted mowing and growth maintenance equipment in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and Europe. The Company has 791 employees in the U.S., 298 in the U.K. and 50 in France, and operates nine manufacturing facilities. The corporate offices of Alamo Group (USA) are located in Seguin, Texas Seguin (pronounced IPA: /səˈgiːn/) is a city in Guadalupe County, Texas, in the United States. As of the 2000 census, the city population was 22,011. , near San Antonio. The headquarters of Alamo Group (EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ) is in Salford Priors, England, near Birmingham. A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sales of these securities in any State in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of any such State. The offering may be made only by a written prospectus meeting the requirements of Section 10 of the Securities Act of 1933. Copies of the prospectus are available from Bear, Stearns & Co. Inc., 245 Park Avenue, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , New York 10167. CONTACT: FOR: ALAMO GROUP INC. APPROVED BY: Todd Binet Treasurer (210) 372-9504 OR Morgen-Walke Associates June Filingeri/Robert Weiner Media contact: Stan Froelich (212) 850-5600 Ken Pieper (214) 663-9390 |
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