Huttig Building Products Files Resale Shelf Registration Statement for Shares Owned by Rugby Group Limited
Huttig Building Products, Inc. (NYSE: HBP) today filed a resale shelf registration statement with the Securities and Exchange Commission under which the Rugby Group Limited may offer and sell up to 5,755,940 currently outstanding shares of Huttig's common stock.
The resale registration statement is being filed in accordance with a
registration rights agreement Huttig entered into with Rugby in December 1999,
when Rugby sold its U.S. building materials distribution business to Huttig.
Rugby Group Limited is now a subsidiary of RMC Group p.l.c., which was
acquired by CEMEX, S.A. de C.V. earlier in 2005. Huttig will not receive any
proceeds from any sale of the shares registered.
When available, a prospectus meeting the requirements of Section 10 of the
Securities Act may be obtained from Huttig Building Products, Inc., 555
Maryville University Drive, Suite 240, St. Louis, MO 63141.
The shelf registration statement was filed today with the Securities and
Exchange Commission but has not yet become effective. The securities may not
be sold nor may offers to buy be accepted prior to the time the registration
statement becomes effective. 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 in which such an offer, solicitation or sale
would be unlawful prior to registration or qualification under the securities
laws of any such state.
About Huttig
Huttig Building Products, Inc., currently in its 120th year of business,
is one of the largest domestic distributors of millwork, building materials
and wood products used principally in new residential construction and in home
improvement, remodeling and repair work. Huttig distributes its products
through 46 distribution centers serving 47 states. The Company's wholesale
distribution centers sell principally to building materials dealers, national
buying groups, home centers and industrial users, including makers of
manufactured homes.
SOURCE Huttig Building Products, Inc.
Web Site: http://www.huttig.com
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