Vera Bradley Inc (VRA): Vera Bradley Issues Pricing of Secondary...

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Re: RyanEOD post# 46

Friday, 04/15/2011 8:15:50 AM

Friday, April 15, 2011 8:15:50 AM

Vera Bradley Issues Pricing of Secondary Public Offering, Shares Down 1% Just After Open

04/14 09:46 AM

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09:46 AM Eastern Daylight Time, 04/14/2011 (MidnightTrader) -- Vera Bradley (VRA:$43.77,00$-1.42,00-3.14%) today announced the pricing of the offering of 6,039,525 shares of its common stock by certain shareholders at a price of $43.50 per share, an increase from the previously announced offering of 5,169,960 shares of its common stock.

Underwriters have a 30-day option to purchase up to 905,929 additional shares from the selling shareholders. Vera Bradley, Inc. (VRA:$43.77,00$-1.42,00-3.14%) will not receive any proceeds from the sale of shares by the selling shareholders.

Shares are down 1.44% to $44.54 just after the markets opened.

Price: 44.54, Change: -0.65, Percent Change: -1.44

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