MCLEAN, Va.--(BUSINESS WIRE)--
Booz Allen Hamilton Holding Corporation ("Booz Allen")(NYSE: BAH), the
parent company of management consulting, technology, and engineering
services firm Booz Allen Hamilton Inc., today announced the sale of an
aggregate of 13,000,000 shares of Class A common stock ("common stock")
on an underwritten basis by an affiliate of The Carlyle Group
("Carlyle") to Credit Suisse Securities (USA) LLC, as the underwriter in
a registered offering of these shares (the "offering").
The last reported sale price of Booz Allen's common stock on November 3,
2015 was $29.88 per share. Credit Suisse Securities (USA) LLC proposes
to offer for sale the shares of common stock from time to time in one or
more transactions on the New York Stock Exchange, in the
over-the-counter market, through negotiated transactions or otherwise at
market prices prevailing at the time of sale, at prices related to
prevailing market prices or at negotiated prices, subject to receipt and
acceptance by it and subject to its right to reject any order in whole
or in part.
Upon completion of the offering, Carlyle will own just under 20.0% of
the outstanding common stock of Booz Allen. The offering is expected to
close and settle on November 9, 2015. Booz Allen is not selling any
shares of common stock in the offering and will not receive any of the
A shelf registration statement (including a prospectus) relating to the
offering of the common stock has previously been filed with the U.S.
Securities and Exchange Commission and has become effective. Before
investing, interested parties should read the prospectus and other
documents filed with the Securities and Exchange Commission for
information about Booz Allen and this offering. You may get these
documents for free by visiting EDGAR on the SEC Web site at www.sec.gov.
Alternatively, a copy of the prospectus may be obtained from the
underwriter at: Credit Suisse Securities (USA) LLC, Attention:
Prospectus Department, One Madison Avenue, New York, New York, 10010, or
by telephone at +1 (800) 221-1037, or by email at firstname.lastname@example.org.
This press release shall not constitute an offer to sell or the
solicitation of any offer to buy, nor shall there be any sale of these
securities in any jurisdiction in which such offer, solicitation or sale
would be unlawful prior to the registration or qualification under the
securities laws of such jurisdiction.
About Booz Allen Hamilton
Booz Allen Hamilton (NYSE: BAH) has been at the forefront of strategy
and technology for more than 100 years. Today, the firm provides
management and technology consulting and engineering services to leading Fortune
500 corporations, governments, and not-for-profits across the globe.
Booz Allen partners with public and private sector clients to solve
their most difficult challenges through a combination of consulting,
analytics, mission operations, technology, systems delivery,
cybersecurity, engineering, and innovation expertise.
With international headquarters in McLean, Virginia, the firm employs
approximately 22,200 people globally, and had revenue of $5.27 billion
for the 12 months ended March 31, 2015.
Forward Looking Statements
This press release contains, or may be deemed to contain,
"forward-looking statements" (as defined in the U.S. Private Securities
Litigation Reform Act of 1995). In some cases, you can identify
forward-looking statements by terminology such as "guidance," "may,"
"will," "could," "should," "forecasts," "expects," "intends," "plans,"
"anticipates," "projects," "outlook," "believes," "estimates,"
"predicts," "potential," "continue," "preliminary," or the negative of
these terms or other comparable terminology. These statements give Booz
Allen's current expectation of future events or its future performance
and do not relate directly to historical or current events. A number of
factors could cause Booz Allen's future actions and related results to
vary from any expectations or goals expressed in, or implied by, the
forward-looking statements included in this press release, possibly to a
material degree. In particular, there can be no assurances that the
offering by Carlyle will be consummated. Some of these factors include,
but are not limited to, the risk factors set forth in Booz Allen's
Annual Report on Form 10-K, filed with the Securities and Exchange
Commission on May 21, 2015. All forward-looking statements included in
this press release speak only as of the date made, and, except as
required by law, Booz Allen undertakes no obligation to update or revise
publicly any such forward-looking statements, whether as a result of new
information, future events, or otherwise.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151103006966/en/
Booz Allen Hamilton
James Fisher, 703-377-7595
Curt Riggle, 703-377-5332
Source: Booz Allen Hamilton
News Provided by Acquire Media