TriMas Corporation Announces Sale of 1,500,000 Shares of Common Stock by
BLOOMFIELD HILLS, Mich. -- February 27, 2013
TriMas Corporation (NASDAQ: TRS) today announced that Heartland Industrial
Associates, L.L.C., has agreed to sell 1,500,000 shares of its common stock to
Goldman, Sachs & Co. as the sole underwriter in the registered public offering
of those shares. All net proceeds from the sale of the common stock will be
received by the selling stockholder. TriMas Corporation will not receive any
of the proceeds. The total number of outstanding shares of TriMas
Corporation’s common stock will not change as a result of this offering.
The shares are being sold by the selling stockholder pursuant to an effective
shelf registration statement. Goldman, Sachs & Co. may offer the shares of
common stock from time to time for sale in one or more transactions on the
NASDAQ Global Market, 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.
A copy of the prospectus relating to these securities may be obtained, when
available, from Goldman, Sachs & Co., Prospectus Department, 200 West Street,
New York, NY 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316, or by
emailing email@example.com. Alternatively, interested parties may
also obtain these documents, free of charge, by visiting EDGAR on the SEC Web
site at www.sec.gov.
This press release shall not constitute an offer to sell, nor the solicitation
of an offer to buy, TriMas Corporation's common stock or any other securities,
nor shall there be any sale of securities mentioned in this press release in
any jurisdiction in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of any such
Cautionary Notice Regarding Forward-looking Statements
Any “forward-looking” statements contained herein, including those relating to
market conditions or the Company’s financial condition and results, expense
reductions, liquidity expectations, business goals and sales growth, involve
risks and uncertainties, including, but not limited to, risks and
uncertainties with respect to general economic and currency conditions,
various conditions specific to the Company’s business and industry, the
Company’s leverage, liabilities imposed by the Company’s debt instruments,
market demand, competitive factors, supply constraints, material and energy
costs, technology factors, litigation, government and regulatory actions, the
Company’s accounting policies, future trends, and other risks which are
detailed in the Company’s Annual Report on Form 10-K for the fiscal year ended
December 31, 2012. These risks and uncertainties may cause actual results to
differ materially from those indicated by the forward-looking statements. All
forward-looking statements made herein are based on information currently
available, and the Company assumes no obligation to update any forward-looking
Headquartered in Bloomfield Hills, Michigan, TriMas Corporation (NASDAQ: TRS)
provides engineered and applied products for growing markets worldwide.
TriMas is organized into six reportable segments: Packaging, Energy, Aerospace
& Defense, Engineered Components, Cequent Asia Pacific and Cequent Americas.
TriMas has approximately 5,500 employees at more than 60 different facilities
in 17 countries.
Vice President, Investor Relations
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