Nov 1, 2018   SOURCE: BusinessWire

Gardner Denver Announces Pricing of its Secondary Offering of 20,000,000 Shares of Common Stock

Gardner Denver Holdings, Inc. (NYSE: GDI) (“Gardner Denver”) today announced the pricing of the previously announced underwritten secondary offering by investment funds affiliated with Kohlberg Kravis Roberts & Co. L.P. (the “Selling Stockholder”) of 20,000,000 shares of common stock of Gardner Denver pursuant to a registration statement filed by Gardner Denver with the U.S. Securities and Exchange Commission (the “SEC”), at the public offering price of $25.75 per share. No shares are being sold by Gardner Denver. The Selling Stockholder will receive all of the proceeds from this offering. The offering is expected to close on November 2, 2018, subject to customary closing conditions.

Goldman Sachs & Co. LLC is acting as the underwriter for the offering.

A registration statement relating to these securities has been filed with the SEC and has become effective. This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The offering of these securities will be made only by means of a prospectus. Copies of the preliminary prospectus may be obtained from Goldman Sachs & Co. LLC, Prospectus Department, 200 West Street, New York, NY 10282, telephone: (866) 471-2526, facsimile: (212) 902-9316, email: Prospectus-ny@ny.email.gs.com.

Forward Looking Statements

This press release includes certain disclosures which contain “forward-looking statements.” You can identify forward-looking statements because they contain words such as “believes” and “expects.” Forward-looking statements are based on Gardner Denver’s current expectations and assumptions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that may differ materially from those contemplated by the forward-looking statements, which are neither statements of historical fact nor guarantees or assurances of future performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in our filings with the SEC, including the Company’s most recent Annual Report on Form 10-K for the fiscal year ended December 31, 2017.