Nu Skin Enterprises announces partial exercise of over-allotment option

Jun 18 2010

Nu Skin Enterprises, Inc. (NYSE: NUS) announced today the closing of a partial over-allotment option exercise by the underwriters of 569,000 shares of its Class A common stock at $27.00 per share, pursuant to an option granted to the underwriters in connection with its previously announced underwritten secondary public offering of 4.46 million shares of its Class A common stock at $27.00 per share. The shares were sold by three of the Company's founders who currently serve as members of the Company's Board of Directors. No shares were sold by the company, nor did the company receive any proceeds.

J.P. Morgan Securities Inc. and Deutsche Bank Securities Inc. acted as joint book-running managers for the offering. Canaccord Genuity Inc., Stifel, Nicolaus & Company, Incorporated, Avondale Partners, LLC, Sidoti & Company, LLC, and Moelis & Company LLC were co-managers of the offering. The offering of these securities was made by the selling shareholders only by means of a prospectus supplement and accompanying prospectus, copies of which may be obtained from J.P. Morgan Securities Inc., Attn: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, Telephone: 1-866-803-9204; or Deutsche Bank Securities Inc., Attention: Prospectus Department, 100 Plaza One, Jersey City, NJ 07311; Telephone 1-800-503-4611, or by emailing [email protected].

A shelf registration statement relating to the offering of these securities has previously been filed with the U.S. Securities and Exchange Commission and has become effective.