SOUTHLAKE, Texas, March 7, 2013 (GLOBE NEWSWIRE) -- Del Frisco's Restaurant Group, Inc. (Nasdaq:DFRG), the owner and operator of the Del Frisco's Double Eagle Steak House, Sullivan's Steakhouse, and Del Frisco's Grille restaurant concepts, today announced the pricing of a registered secondary public offering of 4,750,000 shares of common stock at a price of $17.00 per share. The underwriters have a 30 day option to purchase up to an additional 712,500 shares. All shares are being sold by the Company's largest shareholder, an affiliate of Lone Star Funds. Del Frisco's will not receive any proceeds from the sale of these shares. Settlement of the offering is expected to occur on March 13, 2013.
Deutsche Bank Securities, Piper Jaffray, and Wells Fargo Securities are serving as joint book-running managers for the offering. Cowen and Company and Raymond James are serving as co-managers for the offering.
A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on March 7, 2013. This offering is being made solely by means of a prospectus. Copies of the prospectus relating to the offering may be obtained from: Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, NY 10005-2836, by email to prospectus.cpdg@db.com, or by telephone at (800) 503-4611; Piper Jaffray & Co., Attention: Prospectus Department, 800 Nicollet Mall, Suite 800, Minneapolis, MN 55402, by email to prospectus@pjc.com, or by telephone at (800) 747-3924; or Wells Fargo Securities, LLC, Attention: Equity Syndicate Department, 375 Park Avenue, New York, NY 10152, by email to cmclientsupport@wellsfargo.com, or by telephone at (800) 326-5897.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall 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 Del Frisco's Restaurant Group, Inc.
Based in Southlake, TX, Del Frisco's Restaurant Group owns and operates three contemporary, high-end, complementary restaurant concepts: Del Frisco's Double Eagle Steak House, Sullivan's Steakhouse, and Del Frisco's Grille. The Company currently operates 34 restaurants across 19 states and Washington, DC. Each of its three concepts offers steaks and other menu selections, such as chops and fresh seafood, complemented by an extensive wine selection.