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Jan 24, 2012 at 8:25 PM EST

Guidewire Software, Inc. Announces Pricing of Initial Public Offering

SAN MATEO, Calif.--(BUSINESS WIRE)--Jan. 24, 2012-- Guidewire Software®, Inc. (NYSE: GWRE) today announced the pricing of its initial public offering of 8,850,000 shares of its common stock at a price to the public of $13.00 per share. The shares are expected to begin trading on the New York Stock Exchange on January 25, 2012 under the symbol “GWRE.” All of the common stock is being offered by Guidewire. In addition, Guidewire has granted the underwriters a 30-day option to purchase up to 1,327,500 additional shares of common stock to cover over-allotments, if any.

J.P. Morgan, Deutsche Bank and Citigroup are acting as joint book-running managers for the offering and Stifel Nicolaus Weisel and Pacific Crest Securities are acting as co-managers.

A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission. 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 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 will be made only by means of a prospectus. Copies of the final prospectus, when available, may be obtained by visiting the SEC website at www.sec.gov or by contacting J.P. Morgan Securities LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, Phone: (866) 803-9204; Deutsche Bank Securities Inc., Attention: Prospectus Department, 100 Plaza One, Jersey City, New Jersey 07311, Phone: (800) 503-4611, e-mail: prospectus.cpdg@db.com; or Citigroup, Brooklyn Army Terminal, 140 58th Street, 8th floor, Brooklyn, New York 11220, or by calling 800-831-9146.

 

Source: Guidewire Software

Investor Relations Contact:
ICR, LLC
Garo Toomajanian, +1 650-357-5282
ir@guidewire.com
or
Media Contact:
Guidewire Software, Inc.
Diana Stott, +1 650-356-4941
dstott@guidewire.com