ATLANTA, Aug. 5 /PRNewswire-FirstCall/ -- BWAY Holding Company , the parent corporation of BWAY Corporation, today announced that it filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission. The registration statement, when declared effective by the Securities and Exchange Commission, will allow certain stockholders, including investment funds affiliated with Kelso & Company, L.P., its largest shareholder, to offer and sell from time to time up to approximately 12 million shares of the Company's common stock in amounts, at prices and on terms to be determined at the time of any such offering.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any offer or sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any jurisdiction. Any offer of the securities may be made only by means of the prospectus included in the registration statement and one more prospectus supplement that may be issued with respect to such offering.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. You should not place undue reliance on these statements. Forward-looking statements include information concerning our liquidity and our possible or assumed future results of operations, including descriptions of our business strategies. These statements often include words such as "believe," "expect," "anticipate," "intend," "plan," "estimate," "seek," "will," "may" or similar expressions. These statements are based on certain assumptions that we have made in light of our experience in the industry as well as our perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate in these circumstances. As you read and consider this press release, you should understand that these statements are not guarantees of performance or results. They involve risks, uncertainties and assumptions. Many factors could affect our actual financial results and could cause actual results to differ materially from those expressed in the forward-looking statements. Descriptions of these potential factors can be found in the Company's SEC filings, which can be accessed by the Company's Web site, http://www.bwaycorp.com/.
BWAY Holding Company is a leading North American supplier of general line rigid containers.
BWAY Holding Company
CONTACT: Jeffrey M. O'Connell of BWAY Holding Company, +1-770-645-4800
Web Site: http://www.bwaycorp.com/
