JDS Uniphase Files Registration Statement for Share Offering
NEPEAN, Ontario and SAN JOSE, Calif.--(BUSINESS WIRE)--July 13, 1999--JDS Uniphase Corporation (Nasdaq:JDSU - news), today filed with the Securities and
Exchange Commission a registration statement providing for a primary and secondary offering of its common stock.
JDS Uniphase's subsidiary, JDS Uniphase Canada Ltd. (TSE:JDU - news), concurrently filed a prospectus with securities regulators in all provinces of Canada providing for
a concurrent primary and secondary offering of its exchangeable shares outside the United States. Each exchangeable share is intended to be the economic equivalent of, and is exchangeable for, one share of
JDS Uniphase Corporation common stock.
The total number of primary shares offered consists of up to 7,752,400 shares of common stock and/or exchangeable shares. The secondary offering will consist of up to 2,247,600 shares of common stock
and/or exchangeable shares to be sold by certain selling stockholders.
The actual number of shares to be offered will be determined at a date immediately preceding the offering, anticipated to be in the first quarter, after consultation with the underwriters for the offerings. JDS
Uniphase Corporation and JDS Uniphase Canada Ltd. intend to use the net proceeds from the primary shares in both offerings for general corporate purposes, including working capital, capital expenditures
and to fund potential acquisitions.
JDS Uniphase Corporation is the leading provider of advanced fiberoptic components and modules. These products are sold to leading telecommunications and cable television system providers worldwide.
JDS Uniphase Corporation is traded on the Nasdaq National Market under the symbol JDSU and the exchangeable shares of JDS Uniphase Canada Ltd. are traded on The Toronto Stock Exchange under
the symbol JDU.
A copy of the prospectus relating to the offering of the common stock may be obtained when available from Banc of America Securities LLC at 600 Montgomery Street, 4th Floor, San Francisco, California
94111 and Deutsche Banc Alex. Brown at One South Street, Baltimore, MD 21202.
A copy of the prospectus relating to the offering of the exchangeable shares may be obtained when available from CIBC World Markets Inc. at 161 Bay Street, 6th Floor, BCE Place, P.O. Box 500,
Toronto, Ontario M5J 2S8.
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