HONG KONG--(BUSINESS WIRE)--Mar. 23, 2012--
Michael Kors Holdings Limited (NYSE: KORS) (the “Company”) today
announced the pricing of the secondary offering of 25,000,000 ordinary
shares by certain selling shareholders at a price of $47.00 per share.
In addition, the selling shareholders have granted the underwriters a
30-day option to purchase up to an additional 3,750,000 ordinary shares.
The secondary offering is expected to close on or about March 28, 2012.
Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC and Goldman, Sachs
& Co. are joint book-running managers, and Robert W. Baird & Co.
Incorporated, Jefferies & Company, Inc., Nomura Securities
International, Inc., Piper Jaffray & Co., Lebenthal & Co., LLC and
Telsey Advisory Group, LLC are co-managers for the offering.
A registration statement relating to this offering of ordinary shares
has been declared effective by the Securities and Exchange Commission.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of these
securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
The offering is being made only by means of a written prospectus forming
part of the effective registration statement. A copy of the final
prospectus related to the offering may be obtained, when available,
from: Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180
Varick Street, 2nd Floor, New York, New York 10014, Telephone:
1-866-718-1649, or by emailing firstname.lastname@example.org;
J.P. Morgan Securities LLC, Attention: Broadridge Financial Solutions,
1155 Long Island Avenue, Edgewood, New York 11717, Telephone:
1-866-803-9204; or Goldman, Sachs & Co., Attention: Prospectus
Department, 200 West Street, New York, NY 10282, Telephone:
1-866-471-2526, Facsimile: 1-212-902-9316 or by emailing email@example.com.
Source: Michael Kors Holdings Limited
Jean Fontana/Joseph Teklits,