EVANSVILLE, Ind.--(BUSINESS WIRE)--Aug. 4, 2014--
Berry Plastics Group, Inc. (NYSE: BERY) (the “Company”) announced today
the commencement of a secondary public offering of 14,728,218 shares of
the Company’s common stock by certain funds affiliated with Apollo
Global Management, LLC (collectively, the “Selling Stockholders”). The
Company itself is not selling any shares and will not receive any
proceeds from the proposed offering, and it will not change the number
of shares of the Company’s common stock that are currently outstanding.
The underwriter may offer the shares of Company common stock in
transactions on the New York Stock Exchange, 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
rates or at negotiated prices.
Citigroup is acting as the sole underwriter for the offering. A shelf
registration statement (including prospectus) relating to the shares is
effective with the Securities and Exchange Commission (“SEC”). Before
you invest, you should read the prospectus and other documents filed
with the SEC for more complete information about the Company and this
offering. You may get these documents for free by visiting EDGAR on the
SEC website at www.sec.gov.
Alternatively, copies of the prospectus and prospectus supplement, when
available, may be obtained from Citigroup, c/o Broadridge Financial
Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 (Tel:
800-831-9146).
This press release shall not constitute an offer to sell or the
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
jurisdiction. The offering of these shares of common stock is being made
only by means of a prospectus supplement and related prospectus.
About Berry Plastics
Berry Plastics Group, Inc. is a leading
provider of value-added plastic consumer packaging and engineered
materials delivering high-quality customized solutions to our customers
with annual net sales of over $4.6 billion in fiscal 2013. With world
headquarters in Evansville, Indiana, the Company's common stock is
listed on the New York Stock Exchange under the ticker symbol BERY.
Forward-looking Statements
Certain
statements and information included in this release may constitute
“forward looking statements” within the meaning of the Federal Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance, or achievements
of the Company to be materially
different from any future results, performance, or achievements
expressed or implied in such forward looking statements. Additional
discussion of factors that could cause actual results to differ
materially from management’s projections, forecasts, estimates and
expectations is contained in the companies’ Securities and Exchange
Commission filings. The companies do not undertake any obligation to
update any forward-looking statements, or to make any other
forward-looking statements, whether as a result of new information,
future events or otherwise.
Source: Berry Plastics Group, Inc.
Berry Plastics Group, Inc.
Media Contact:
Eva Schmitz,
812-306-2424
evaschmitz@berryplastics.com
or
Investor
Contact:
Dustin Stilwell, 812-306-2964
dustinstilwell@berryplastics.com