READING, Pa., Nov. 29 /PRNewswire-FirstCall/ -- EnerSys (NYSE: ENS),
announced today that certain of its stockholders, including affiliates of
Metalmark Capital LLC and certain other institutional stockholders, have
agreed to sell 5,000,000 shares of its common stock to Jefferies & Company,
Inc. All net proceeds from the sale of the common stock will be received by
the selling stockholders. EnerSys will not receive any of the proceeds.
The shares are being sold by the selling stockholders pursuant to an
effective shelf registration statement.
This press release shall not constitute an offer to sell, nor the
solicitation of an offer to buy, EnerSys' common stock or any other
securities, nor shall there be any sale of securities mentioned in this press
release 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 copy of the prospectus relating to these securities may be obtained,
when available, from Jefferies & Company, Inc., Capital Markets, 520 Madison
Avenue, New York, NY 10022: (888) 449-2342.
For more information, please contact Richard Zuidema, Executive Vice
President, EnerSys, P.O. Box 14145, Reading, PA 19612-4145.
Tel: 800-538-3627; Website http://www.enersys.com.
EnerSys, the world leader in stored energy solutions for industrial
applications, manufactures and distributes reserve power and motive power
batteries, chargers, power equipment, and battery accessories to customers
worldwide. Motive power batteries are utilized in electric forklift trucks
and other commercial electric powered vehicles. Reserve power batteries are
used in the telecommunication and utility industries, uninterruptible power
suppliers, and numerous applications requiring standby power. The company
also provides aftermarket and customer support services to its customers from
over 100 countries through its sales and manufacturing locations around the
More information regarding EnerSys can be found at http://www.enersys.com.
Caution Concerning Forward-Looking Statements
Forward Looking Statement
This press release contains forward-looking statements, within the meaning
of the Private Securities Litigation Reform Act of 1995, that are based on
management's current expectations and are subject to uncertainties and changes
in circumstances, including the sale by the selling stockholders in the
offering. There can be no assurances that the proposed offering will be
consummated. The Company's actual results may differ materially from the
forward-looking statements for a number of reasons. For a list of the
factors, which could affect the Company's results, see "Management's
Discussion and Analysis of Financial Condition and Results of Operations," and
"Forward-Looking Statements," set forth in the Company's Quarterly Report on
Form 10-Q for the quarter ended September 30, 2007, which was filed with the
U.S. Securities and Exchange Commission.
Executive Vice President of EnerSys