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Del Frisco's Restaurant Group, Inc. Announces Pric

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Post# of 301275
Posted On: 07/25/2013 8:45:24 PM
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Posted By: News Desk 2018
Del Frisco's Restaurant Group, Inc. Announces Pricing of Secondary Public Offering

SOUTHLAKE, Texas, July 25, 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. The size of the offering has been increased to 6,000,000 shares of common stock at a price of $21.25 per share. The underwriters have a 30 day option to purchase up to an additional 900,000 shares.  All shares are being sold by the Company's largest shareholder, an affiliate of Lone Star Funds.  Del Frisco's Restaurant Group, Inc. will not receive any proceeds from the sale of these shares.  Settlement of the offering is expected to occur on July 31, 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 July 25, 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, Texas, near Dallas, Del Frisco's Restaurant Group, Inc. operates 36 Del Frisco's Double Eagle Steak House, Sullivan's Steakhouse, and Del Frisco's Grille restaurants across 19 states and Washington, D.C. For more information about Del Frisco's Restaurant Group, Inc., please visit www.DFRG.com .  For further information about our restaurants, to make reservations, or to purchase gift cards, please visit: www.DelFriscos.com , www.SullivansSteakhouse.com , and www.DelFriscosGrille.com .  

Investor Relations Contact: Raphael Gross 203-682-8253 Media Relations Contact: Liz Brady DiTrapano 646-277-1226



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