Printer Friendly

ENCORE WIRE PLANS PUBLIC OFFERING

 ENCORE WIRE PLANS PUBLIC OFFERING
 MCKINNEY, Texas, May 26 /PRNewswire/ -- Encore Wire Corporation


today announced that it filed a registration statement with the Securities and Exchange Commission on May 7, 1992 for a public offering of 1,500,000 shares of common stock, of which 1,200,000 shares are to be offered for the account of the company and 300,000 shares for the account of certain selling stockholders of the company. The company and certain of the selling stockholders will grant the underwriters a 30-day option to purchase up to an additional 225,000 shares of common stock for the purpose of covering over-allotments, if any. The proceeds to be received by the company will be used to retire bank and other indebtedness, to purchase additional manufacturing equipment and for operating cash needs.
 The offering is being underwritten by a group of underwriters to be represented by The Principal/Eppler, Guerin & Turner, Inc. and A.G. Edwards & Sons, Inc.
 Encore Wire Corporation is a manufacturer of copper electrical wire, principally non-metallic sheathed cable for interior wiring in homes, apartments and manufactured housing. The company, which is headquartered in McKinney, Texas, presently sells its products to wholesale electrical distributors, manufactured housing suppliers and retail home improvement centers throughout the United States.
 A registration statement relating to the securities has been filed with the Securities and Exchange Commission but has not yet become effective. The securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This announcement shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities 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.
 A preliminary prospectus relating to the securities may be obtained from The Principal/Eppler, Guerin & Turner, Inc., One Fountain Place, 1445 Ross Avenue, Suite 2300, Dallas, Texas 75202, 214/880-9000 or A.G. Edwards & Sons, Inc., One North Jefferson, St. Louis, Mo. 63103, 314-289-3000.
 -0- 5/26/92
 /CONTACT: Vincent A. Rego, chairman, board of directors of Encore Wire, 214-548-9473/ CO: Encore Wire Corporation ST: Texas IN: SU: OFR


TS -- NY018 -- 3649 05/26/92 09:41 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:May 26, 1992
Words:386
Previous Article:NATIONALE-NEDERLANDEN GRANTED LICENSE IN CZECHOSLOVAKIA
Next Article:GENE E. LITTLE NAMED VICE PRESIDENT-FINANCE OF TIMKEN; J. KEVIN RAMSEY TO RETIRE AFTER 36 YEARS OF SERVICE
Topics:


Related Articles
ENCORE WIRE REPORTS FINANCIAL RESULTS FOR FOURTH QUARTER
ENCORE WIRE REPORTS FINANCIAL RESULTS FOR SECOND QUARTER
ENCORE WIRE PLANS SECONDARY OFFERING
ENCORE WIRE REPORTS INCREASED FIRST QUARTER NET SALES AND EARNINGS
ENCORE WIRE COMPLETES COMMON STOCK OFFERING
ENCORE WIRE REPORTS INCREASED THIRD QUARTER NET SALES AND EARNINGS
ENCORE WIRE ANNOUNCES STOCK REPURCHASE PROGRAM
ENCORE WIRE: NO COMMENT REGARDING BUYOUT RUMOR
ENCORE WIRE ANNOUNCES NEW NATIONAL SALES MANAGER
Encore Wire Announces Stock Dividend

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters