PHOENIX, Ariz., March 4, 2015 (GLOBE NEWSWIRE) -- Sprouts Farmers Market, Inc. (the "Company") (Nasdaq:SFM) today announced the launch of a public offering of 15,847,800 shares of its common stock held by affiliates of Apollo Global Management, LLC ("Apollo"). The affiliates of Apollo will be the only selling stockholders. The Company will not issue shares in the offering and will not receive any proceeds from the sale of the shares by Apollo in this offering.
Barclays Capital Inc. and Morgan Stanley are acting as the underwriters for the offering.
This offering will be made only by means of a prospectus and related prospectus supplement forming a part of the registration statement filed by the Company with the Securities and Exchange Commission (the "SEC") on March 4, 2015, which has been declared effective by the SEC. Copies of the preliminary and, when available, final prospectus and related prospectus supplement relating to the offering may be obtained by contacting:
|Barclays Capital Inc.|
|c/o Broadridge Financial Solutions|
|1155 Long Island Avenue|
|Edgewood, NY 11717|
|Morgan Stanley & Co. LLC|
|Attn: Prospectus Department|
|180 Varick Street, 2nd Floor|
|New York, NY 10014|
This press release does not constitute an offer to sell or a solicitation of an offer to buy, nor will there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Sprouts Farmers Market
Sprouts Farmers Market, Inc. is a healthy grocery store offering fresh, natural and organic foods at great prices. The Company offers a complete shopping experience that includes fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, baked goods, dairy products, frozen foods, natural body care and household items catering to consumers' growing interest in health and wellness. Headquartered in Phoenix, Arizona, the Company employs more than 18,000 team members and operates more than 195 stores in twelve states.
Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Any statements contained herein that are not statements of historical fact (including, but not limited to, statements to the effect that Sprouts Farmers Market or its management "anticipates," "plans," "estimates," "expects," "believes," or the negative of these terms and other similar expressions) should be considered forward-looking statements, including, without limitation, the expected size and timing of the offering. These statements involve certain risks and uncertainties that may cause actual results to differ materially from expectations as of the date of this release. These risks and uncertainties include, without limitation, factors set forth from time to time in the Company's SEC filings. The Company intends these forward-looking statements to speak only as of the time of this release and does not undertake to update or revise them as more information becomes available, except as required by law.
Source:Sprouts Farmers Market