TechTarget, Inc. Announces Results of its Tender Offer
TechTarget, Inc. (NASDAQ:TTGT) announced today the results of its tender offer to purchase up to 8,000,000 shares of its common
stock at a price of $7.75 per share, which expired at 5:00 p.m., New York City time, on June 8, 2016.
TechTarget has accepted for purchase 5,237,843 shares of its common stock, at a purchase price of $7.75 per share, for a total
cost of approximately $40.6 million. Based on the final tabulation by Computershare Trust Company, N.A., the Depositary for the
tender offer, 5,237,843 shares of TechTarget’s common stock were properly tendered and not withdrawn, which represents
approximately 16% of the shares outstanding immediately prior to the purchase of the tendered shares. Immediately following the
purchase of the tendered shares and assuming the proper delivery of all shares tendered, TechTarget will have approximately 27.2
million shares of common stock outstanding.
Georgeson Securities Corporation is acting as the Dealer Manager and the Information Agent is Georgeson LLC. The Depositary is
Computershare Trust Company, N.A. For questions and information, please call the Information Agent toll free at (866) 203-9401.
Forward Looking Statements
All statements contained in this release, other than statements of historical fact, are forward-looking statements. These
statements are based on our current plans and expectations and involve risks and uncertainties that could cause actual future
events or results to be different than those described in or implied by such forward-looking statements, including risks and
uncertainties regarding: TechTarget’s stock price, changes in financial markets; changes in economic, political or regulatory
conditions or other trends affecting the Internet and information technology industries; and the ability of TechTarget to achieve
the benefits contemplated by the tender offer. Further information about these matters can be found in our Securities and Exchange
Commission filings. Except as required by applicable law or regulation, we do not undertake any obligation to update our
forward-looking statements to reflect future events or circumstances.
About TechTarget
TechTarget (NASDAQ: TTGT) is the Web’s leading destination for serious technology buyers researching and making
enterprise technology decisions. Our extensive global network of online and social media, powered by TechTarget’s Activity
Intelligence™ platform, allows technology sales and marketing teams to leverage real-time purchase intent data to more
intelligently engage technology buyers and prioritize follow-up based on active projects, technical priorities and business needs.
With more than 140 highly targeted technology-specific websites and a wide selection of custom advertising, branding, lead
generation and sales enablement solutions, TechTarget delivers unparalleled reach and innovative opportunities to drive technology
sales and marketing success around the world.
TechTarget has offices in Atlanta, Beijing, Boston, London, Munich, Paris, San Francisco, Singapore and Sydney.
To learn how you can engage with serious technology buyers worldwide, visit techtarget.com and follow us @TechTarget.
(C) 2016 TechTarget, Inc. All rights reserved. TechTarget and the TechTarget logo are registered trademarks, and Activity
Intelligence is a trademark of TechTarget. All other trademarks are the property of their respective owners.
TechTarget
Investor Inquiries:
Janice O’Reilly, 617-431-9449
Chief Financial Officer
joreilly@techtarget.com
or
Media Inquiries:
Garrett Mann, 617-431-9371
Director, Marketing
gmann@techtarget.com
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