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Veritex Holdings, Inc. Announces Pricing of Initial Public Offering of Common Stock

DALLAS, Oct. 8, 2014 (GLOBE NEWSWIRE) -- Veritex Holdings, Inc. (the "Company"), the holding company of Veritex Community Bank, a Texas state chartered bank, today announced the pricing of its initial public offering of 2,700,000 shares of its common stock. The initial public offering price is $13.00 per share. The underwriters have the option to purchase up to an additional 405,000 shares of common stock from the Company within 30 days. The shares are expected to begin trading on Thursday, October 9, 2014 on the NASDAQ Global Market under the ticker symbol "VBTX."

The Company intends to use the net proceeds from the offering to support its continued growth, including organic growth, potential future acquisitions, and general corporate purposes.

Sandler O'Neill + Partners, L.P. and Stephens Inc. are acting as joint lead book-runners and Sterne, Agee & Leach, Inc. is acting as a co-manager for the offering.

A registration statement relating to these securities was declared effective as of October 8, 2014 by the Securities and Exchange Commission ("SEC"). The offering is being made only by means of the written prospectus forming part of the effective registration statement. Copies of the final prospectus relating to the offering may be obtained by calling Sandler O'Neill + Partners, L.P., toll-free at 1-866-805-4128 or by emailing syndicate@sandleroneill.com, or by calling Stephens Inc., toll-free at 1-800-643-9691 or by emailing prospectus@stephens.com.

This press release is not an offer to sell securities, and it is not soliciting an offer to buy securities in any state or jurisdiction where the offer or sale is not permitted.

About Veritex Holdings, Inc.

Headquartered in Dallas, Texas, Veritex Holdings, Inc. is a bank holding company that conducts banking activities through its wholly-owned subsidiary, Veritex Community Bank, with locations throughout the Dallas metropolitan area. Veritex Community Bank is a Texas state chartered bank regulated by the Texas Department of Banking and the Board of Governors of the Federal Reserve System.

ForwardLooking Statements

This press release contains certain "forward-looking statements" within the meaning of the federal securities laws, including with respect to the initial public offering and the Company's proposed use of the proceeds. Statements preceded by, followed by or that otherwise include the words "believes," "expects," "anticipates," "intends," "projects," "estimates," "plans" and similar expressions or future or conditional verbs such as "will," "should," "would," "may" and "could" are generally forward-looking in nature and not historical facts, although not all forward-looking statements include the foregoing. Forward-looking statements are based on management's current expectations and involve risks and uncertainties that could cause actual results to differ materially from the Company's historical results or those described in the forward-looking statements. See "Forward-Looking Statements" and "Risk Factors" in the prospectus. Any forward-looking statement made by the Company in this press release speaks only as of the date hereof. New risks and uncertainties come up from time to time, and it is impossible for the Company to predict these events or how they may affect it.

CONTACT: Media Contact: LaVonda Renfro 972-349-6200 lrenfro@veritexbank.com Investor Relations: Noreen Skelly 972-349-6200 nskelly@veritexbank.comSource:Veritex Holdings, Inc.