AMPHENOL ANNOUNCES SECONDARY OFFERING OF COMMON
STOCK
WALLINGFORD, Conn., Feb. 17, 2004
-- Amphenol Corporation (NYSE-APH) announced
today that certain of its shareholders commenced
a secondary offering of 8 million shares of
Class A common stock. Of the 8 million shares
being offered, 7.56 million shares are being
offered by affiliates of Kohlberg Kravis Roberts
& Co. ("KKR") and 0.44 million
shares are being offered by management. Such
shares being offered on behalf of KKR represent
approximately 64% of its current holdings of
11.9 million shares and approximately 17% of
total shares outstanding. Upon completion of
the offering, KKR will continue to own approximately
9.8% of the total shares outstanding. KKR has
granted the underwriters an option for a period
of 30 days to purchase up to an additional 1.2
million shares to cover over-allotments, if
any. KKR will continue to own approximately
7.1% of the total shares outstanding if the
over-allotment option is fully exercised. Morgan
Stanley, Citigroup, and UBS Investment Bank
are serving as Joint Book-Running Managers,
Lehman Brothers, Merrill Lynch & Co. and
RBC Capital Markets are serving as Co-Lead Managers,
and Deutsche Bank Securities, JP Morgan and
Thomas Weisel Partners LLC are serving as Co-Managers
for the offering.
Copies of the preliminary prospectus supplement
and prospectus related to the common stock offering
may be obtained from Morgan Stanley, 1585 Broadway,
New York, NY 10036; Citigroup Global Markets,
Inc., 388 Greenwich Street, New York, NY 10013;
and UBS Investment Bank, 299 Park Avenue, New
York, NY 10171.
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 in which such offer,
solicitation or sale would be unlawful prior
to registration or qualification under the securities
laws of any such state. The common stock offering
may be made only by means of a prospectus and
related prospectus supplement, copies of which
may be obtained by contacting Morgan Stanley,
Citigroup or UBS Investment Bank as indicated
in this news release.
Amphenol Corporation is one of the world's
leading producers of electronic and fiber optic
connectors, cable and interconnect systems.
Amphenol products are engineered and manufactured
in the Americas, Europe and Asia and sold by
a worldwide sales and marketing organization.
The primary end markets for the Company's products
are communication systems for wired and wireless
voice, internet and broadband networks, industrial,
automotive, military and aerospace applications.
Contacts:
Amphenol Corporation
Edward G. Jepsen,
203-265-8650
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