EX-99.1 7 dex991.htm PRESS RELEASE Press Release

Exhibit 99.1

 

LOGO  

1235 Water Street

East Greenville, PA 18041

Tel 215 679-7991

  Press Release

Knoll, Inc. Secondary Common Stock Offering Prices

EAST GREENVILLE, PA, August 2, 2006 - Knoll, Inc. (NYSE: KNL) today announced the pricing of the secondary offering by certain of its stockholders of 9,200,000 shares of common stock at $17.66 per share. The shares of common stock are being sold by Warburg, Pincus Ventures, L.P. and Burton B. Staniar. Warburg, Pincus Ventures, L.P. has also granted the underwriters of the offering an option to purchase up to an additional 1,366,362 shares of common stock. The offering was increased from the previously announced amount of 9,100,000 shares and an option of 1,365,000 shares. Knoll will not sell shares in the offering or receive any offering proceeds. The closing of the offering is expected to occur on or about August 8, 2006.

Goldman, Sachs & Co. and Banc of America Securities LLC are serving as joint book-running lead managers of the offering. UBS Investment Bank is serving as a co-manager of the offering. Copies of the final prospectus supplement relating to the offering may be obtained by contacting:

Goldman, Sachs & Co.

Attn: Prospectus Department

85 Broad St., New York, NY 10004

Fax: 212 902 9316 or email at prospectus-ny@ny.email.gs.com

Banc of America Securities LLC

Capital Markets Operations

100 West 33rd Street, 3rd Floor

New York, NY 10001

Attn: Prospectus Fulfillment

dg.prospectus_distribution@bofasecurities.com

Contacts:

 

Investors:   

Barry L. McCabe

Senior Vice President and Chief Financial Officer

Tel 215-679-1301

bmccabe@knoll.com

Media:   

David E. Bright

Vice President, Communications

Tel 212-343-4135

dbright@knoll.com