N@N

Five Star Quality Care, Inc. Announces Underwritersa? Exercise of Over-Allotment Option

^{Published on 2011-06-20 04:35:44 - Market Wire}
 

NEWTON, Mass.--([ BUSINESS WIRE ])--Five Star Quality Care, Inc. (NYSE: FVE) today announced that the underwriters of its public offering have exercised, in full, their over-allotment option to purchase an additional 1,500,000 common shares. The sale of the additional common shares and the sale of the original public offering of 10,000,000 common shares are expected to close on Tuesday, June 21, 2011.

The joint book-running managers for this offering are Jefferies & Company, Inc., Citi and UBS Investment Bank. The co-lead managers for this offering are Morgan Keegan, RBC Capital Markets and Stifel Nicolaus Weisel. The co-managers for this offering are Davenport & Company LLC and JMP Securities.

This press release is neither an offer to sell nor a solicitation of an offer to buy shares, nor shall there be any sale of these securities in any state or jurisdiction in which the offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. The prospectus supplement relating to this offering and related prospectus have been filed with the Securities and Exchange Commission (SEC) and copies can be obtained by contacting the offices of: Jefferies & Company, Inc., 520 Madison Avenue, 12th floor, New York, NY 10022, telephone: (877) 547-6340, Citi, Prospectus Department, Brooklyn Army Terminal, 140 58th Street, 8th floor, Brooklyn, NY 11220, telephone: (800) 831-9146, and UBS Investment Bank, attn: Prospectus Dept., 299 Park Avenue, New York, NY 10171, telephone: (888) 827-7275 ext. 3884.

WARNING REGARDING FORWARD LOOKING STATEMENTS

THIS PRESS RELEASE INCLUDES FORWARD LOOKING STATEMENTS WITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND OTHER FEDERAL SECURITIES LAWS. THESE FORWARD LOOKING STATEMENTS ARE BASED UPON FVE'S PRESENT BELIEFS AND EXPECTATIONS, BUT THESE FORWARD LOOKING STATEMENTS ARE NOT GUARANTEED. FOR EXAMPLE:

a THIS PRESS RELEASE STATES THAT THE SALE OF THE 1,500,000 ADDITIONAL COMMON SHARES AND THE SALE OF THE ORIGINAL PUBLIC OFFERING OF 10,000,000 COMMON SHARES ARE EXPECTED TO CLOSE ON TUESDAY, JUNE 21, 2011. IN FACT, THE CLOSINGS OF THESE SALES ARE SUBJECT TO VARIOUS CONDITIONS CUSTOMARY IN TRANSACTIONS OF THIS TYPE. IF THESE CONDITIONS ARE NOT SATISFIED, THESE SALES MAY NOT CLOSE.

FOR THESE REASONS, AMONG OTHERS, INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE UPON FORWARD LOOKING STATEMENTS