Wright Medical Group N.V. Announces Pricing of Public Offering of Ordinary Shares

Aug 28, 2018

AMSTERDAM, The Netherlands, Aug. 27, 2018 (GLOBE NEWSWIRE) -- Wright Medical Group N.V. (NASDAQ:WMGI) today announced the pricing of its previously announced registered underwritten public offering of 18,248,932 of its ordinary shares at an initial price to the public of $24.60 per share. The net proceeds to Wright from the offering, after deducting the underwriting discounts and commissions and other estimated offering expenses, are expected to be $423 million. The offering is expected to close on or about August 30, 2018, subject to customary closing conditions. J.P. Morgan is acting as sole underwriter for the offering.

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