Ceridian Announces Pricing of Secondary Public Offering
November 13 2018 - 4:30PM
Business Wire
Ceridian HCM Holding Inc. (“Ceridian” or the “Company”)
(NYSE:CDAY) (TSX:CDAY), a global human capital management software
company, announced today the pricing of an underwritten secondary
public offering by certain stockholders of the Company (the
“Selling Stockholders”) of 11,000,000 shares of the Company’s
common stock, par value $0.01 per share (the “Common Stock”), at a
public offering price of $36.00 per share. In addition, the Selling
Stockholders have granted the underwriters a 30-day option to
purchase up to an additional 1,650,000 shares of Common Stock at
the public offering price, less underwriting discounts and
commissions. The offering is expected to close on November 16,
2018, subject to customary closing conditions. The offering
consists entirely of secondary shares to be sold by the Selling
Stockholders. The Selling Stockholders will receive all of the
proceeds from the offering.
Goldman Sachs & Co. LLC, J.P. Morgan, Credit Suisse and
Deutsche Bank Securities are acting as joint lead book-running
managers, and Goldman Sachs & Co. LLC and J.P. Morgan are
acting as representatives of the underwriters for the offering.
Barclays, Citigroup, Jefferies, Piper Jaffray and Wells Fargo
Securities are also acting as book-running managers for the
offering. Baird, CIBC Capital Markets, William Blair, Canaccord
Genuity, Needham & Company and MUFG are acting as co-managers
for the offering.
The offering of these securities is being made only by means of
a prospectus. When available, a copy of the final prospectus
related to the offering may be obtained by contacting:
- Goldman Sachs & Co. LLC, Attention:
Prospectus Department, 200 West Street, New York, New York 10282,
or via telephone: 1-866-471-2526, or via email:
prospectus-ny@ny.email.gs.com;
- J.P. Morgan Securities LLC, Attention:
Prospectus Department, 1155 Long Island Avenue, Edgewood, NY 11717,
or via telephone: 1-866-803-9204;
- Credit Suisse Securities (USA) LLC,
Attention: Prospectus Department, One Madison Avenue, New York, NY
10010, via telephone at (800) 221-1037, or via email at
newyork.prospectus@credit-suisse.com; or
- Deutsche Bank Securities Inc.,
Attention: Prospectus Group, 60 Wall Street, New York, NY 10005,
via telephone: 800-503-4611, or via email:
prospectus.CPDG@db.com.
A registration statement relating to these securities has been
filed with, and declared effective by, the U.S. Securities and
Exchange Commission (the “SEC”). Copies of the registration
statement can be accessed through the SEC’s website at www.sec.gov.
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 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
jurisdiction.
About Ceridian HCM Holding Inc.
Ceridian. Makes Work Life Better™.
Ceridian is a global human capital management software company.
Dayforce, our flagship cloud HCM platform, provides human
resources, payroll, benefits, workforce management, and talent
management functionality. Our platform is used to optimize
management of the entire employee lifecycle, including attracting,
engaging, paying, deploying, and developing people. Ceridian has
solutions for organizations of all sizes.
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version on businesswire.com: https://www.businesswire.com/news/home/20181113006220/en/
Jeremy JohnsonVice President, Finance and Investor
RelationsCeridian HCM Holding
Inc.1-844-829-9499investors@ceridian.com
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