Cerid­ian HCM share­hold­ers to of­fer 11 mil­lion shares

Stockwatch Daily - - TECHNOLOGY & TELECOM - Mr. Jeremy John­son re­ports

CERID­IAN HCM Hold­ing Inc. stock­hold­ers in­tend to of­fer 11 mil­lion shares of the com­pany’s com­mon stock, par value one cent per share, in an un­der­writ­ten pub­lic of­fer­ing. In ad­di­tion, the sell­ing stock­hold­ers in­tend to grant the un­der­writ­ers of the of­fer­ing an op­tion, ex­er­cis­able within 30 days from the date of the fi­nal prospec­tus re­lat­ing to the of­fer­ing, to pur­chase up to an ad­di­tional 1.65 mil­lion shares of com­mon stock at the pub­lic of­fer­ing price, less un­der­writ­ing dis­counts and com­mis­sions. The of­fer­ing con­sists en­tirely of sec­ondary shares to be sold by the sell­ing stock­hold­ers. The sell­ing stock­hold­ers will re­ceive all of the pro­ceeds from the of­fer­ing.

Gold­man Sachs & Co. LLC, J.P. Mor­gan, Credit Suisse and Deutsche Bank Se­cu­ri­ties are act­ing as joint lead book-run­ning man­agers, and Gold­man Sachs & Co. LLC and J.P. Mor­gan are act­ing as rep­re­sen­ta­tives of the un­der­writ­ers for the of­fer­ing. Bar­clays, Cit­i­group, Jef­feries, Piper Jaf­fray and Wells Fargo Se­cu­ri­ties are also act­ing as book-run­ning man­agers for the pro­posed of­fer­ing. Baird, CIBC Cap­i­tal Mar­kets, Wil­liam Blair, Canac­cord Ge­nu­ity, Need­ham & Com­pany, and MUFG are act­ing as co-man­agers for the pro­posed of­fer­ing.

The of­fer­ing will be made only by means of a prospec­tus. A copy of the pre­lim­i­nary prospec­tus re­lat­ing to this of­fer­ing, when avail­able, may be ob­tained from:

Gold­man Sachs & Co. LLC, At­ten­tion: Prospec­tus De­part­ment, 200 West Street, New York, N.Y., 10282, or via tele­phone: 1-866-471-2526, or via e-mail: prospec­tus-nyny.e-mail.gs.com;

J.P. Mor­gan Se­cu­ri­ties LLC, At­ten­tion: Prospec­tus De­part­ment, 1155 Long Is­land Ave., Edge­wood, N.Y., 11717, or via tele­phone: 1-866-803-9204;

Credit Suisse Se­cu­ri­ties (USA) LLC, At­ten­tion: Prospec­tus De­part­ment, 1 Madi­son Ave., New York, N.Y., 10010, via tele­phone at 800-221-1037, or via e-mail at newyork.prospec­tus­credit-suisse.com; or

Deutsche Bank Se­cu­ri­ties Inc., At­ten­tion: Prospec­tus Group, 60 Wall St., New York, N.Y., 10005, via tele­phone: 800-503-4611, or via e-mail: prospec­tus.CPDGdb.com.

About Cerid­ian HCM Hold­ing Inc.

Cerid­ian is a global hu­man cap­i­tal man­age­ment soft­ware com­pany. Day­force, its flag­ship cloud HCM plat­form, pro­vides hu­man re­sources, pay­roll, ben­e­fits, work force man­age­ment and ta­lent man­age­ment func­tion­al­ity.

We seek Safe Har­bor.

Brent B Bick­ett, Wil­liam P II Fo­ley, Thomas M Hagerty, Soren L Oberg, David D Os­sip, Ganesh B Rao, Ger­ald Charles Throop

(CDAY) Shares: 135,075,498

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