Orion Engineered Carbons S.A. Announces Pricing of Secondary Common Stock Offering
Orion Engineered Carbons S.A. (NYSE: OEC) (the “Company” or “Orion”), a worldwide supplier of specialty and high-performance
Carbon Black, announced today that Kinove Luxembourg Holdings 1 S.à r.l. (“Kinove Holdings”) and certain other sellers, including
current and former members of Orion’s management team, have priced an underwritten public offering of an aggregate of 10,000,000
common shares of the Company at a public offering price of $23.25 per share. Kinove Holdings has agreed to sell 9,076,696 common
shares and the other selling shareholders have agreed to sell the remaining 923,304 shares. Orion will not be issuing or selling
any common shares, and will not receive any proceeds from the offering.
In addition, the selling shareholders granted the underwriter a 30-day option to purchase up to an additional 1,500,000 common
shares.
Morgan Stanley & Co. LLC is acting as sole book-running manager for the offering.
The offering is being made pursuant to an effective shelf registration statement, prospectus and prospectus supplement filed by
the Company.
A registration statement (including a prospectus) relating to the Company’s common stock has been filed with the U.S. Securities
and Exchange Commission and was declared effective on April 1, 2016. Before you invest, you should read the prospectus in that
registration statement and other documents the Company has filed with the SEC for more complete information about the Company and
this offering. The base prospectus for the offering is available on the Securities and Exchange Commission’s website at: https://www.sec.gov/Archives/edgar/data/1609804/000160980416000066/f-3ashelf.htm .
Alternatively, copies of the prospectus supplement and the accompanying prospectus relating to the offering may be obtained from
Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, New York 10014, Attention: Prospectus Department.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of
these 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 such jurisdiction.
About Orion Engineered Carbons
Orion is a worldwide supplier of Carbon Black. We produce a broad range of Carbon Blacks that include high-performance Specialty
Gas Blacks, Furnace Blacks, Lamp Blacks, Thermal Blacks and other Carbon Blacks that tint, colorize and enhance the performance of
polymers, plastics, paints and coatings, inks and toners, textile fibers, adhesives and sealants, tires, and mechanical rubber
goods such as automotive belts and hoses. Orion runs 14 global production sites and four Applied Technology Centers. The group has
approximately 1,463 employees worldwide.
Forward-Looking Statements
This document contains certain forward-looking statements, including statements relating to the offering. These statements
constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995.
Forward-looking statements are statements of future expectations that are based on current expectations and assumptions and involve
known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those
expressed or implied in these statements. You should not place undue reliance on forward-looking statements. Each forward-looking
statement speaks only as of the date of the particular statement. New risk factors and uncertainties emerge from time to time and
it is not possible to predict all risk factors and uncertainties, nor can we assess the extent to which any factor, or combination
of factors, may cause actual results to differ materially from those contained in any forward-looking statements. We undertake no
obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other
information, other than as required by applicable law.
Orion Engineered Carbons S.A.
Diana Downey, +1 832-589-2285
Investor Relations
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