UniFirst declares secondary offering of additional shares

10 Jul '06
2 min read

UniFirst Corporation announced that certain selling stockholders plan to offer 4,000,000 shares of Common Stock in an underwritten public offering. All of the shares to be sold in the offering are currently owned by certain members of the Croatti family.

In connection with the offering, certain selling stockholders have granted the underwriters an option for a period of 30 days to purchase an additional 600,000 shares of Common Stock to cover over-allotments, if any. The Company will not be selling any shares in the offering and will not receive any proceeds from the sale of the shares by the selling stockholders.

J.P. Morgan Securities Inc. is acting as sole book-running manager for the offering, Robert W. Baird & Co. Incorporated, as joint lead manager, and William Blair & Company, L.L.C. and Barrington Research Associates, Inc. are acting as co-managers.

This secondary offering is being made pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission on May 22, 2006. A preliminary prospectus supplement and the accompanying prospectus related to the offering have been filed with the Securities and Exchange Commission. Printed copies of the preliminary prospectus supplement and the accompanying prospectus related to the offering may be obtained.

UniFirst is one of the largest providers of workplaceuniforms and protective work wear in North America. The Company serves approximately 190,000 customer locations in 46 states, Canada and Europe from 189 customer service, distribution and manufacturing facilities.

UniFirst Corporation

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