Denver, Colorado, September 19, 2013. RE/MAX Holdings, Inc. (the “Company” or “RE/MAX”), one of the world's leading franchisors of real estate brokerage services, today announced that it has commenced an initial public offering of 10,000,000 shares of its Class A common shares pursuant to a registration statement on Form S-1 filed with the Securities and Exchange Commission. The initial public offering price is currently expected to be between $19.00 and $21.00 per Class A common share. The Company expects to grant the underwriters a 30-day option to purchase up to 1,500,000 Class A common shares to cover overallotments, if any. The Company has applied to list its Class A common shares on the New York Stock Exchange under the symbol "RMAX."

The Company intends to use the net proceeds from the offering to reacquire regional RE/MAX franchise rights in select markets, redeem preferred membership interests and to repurchase ownership stakes from existing shareholders.  

Morgan Stanley, BofA Merrill Lynch and J.P. Morgan will act as joint book-running managers for the offering. William Blair, RBC Capital Markets and JMP Securities will act as co-managers for the offering. Perella Weinberg Partners is acting as advisor to RE/MAX. The offering of these securities is being made only by means of a prospectus, copies of which can be obtained from:

Morgan Stanley
Attention: Prospectus Department.
180 Varick Street, 2nd Floor
New York, NY 10014
866-718-1649
prospectus@morganstanley.com

BofA Merrill Lynch
Attention: Prospectus Department.
222 Broadway
New York, NY 10038
dg.prospectus_requests@baml.com

J.P. Morgan
Attention: Broadridge Financial Solutions
1155 Long Island Avenue Edgewood, NY 11717
866-803-9204

A registration statement, including a prospectus, which is preliminary and subject to completion, relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time that the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About RE/MAX
RE/MAX was founded in 1973 by Dave and Gail Liniger, with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses with great independence. Over 90,000 agents provide RE/MAX a global reach of more than 90 countries. Nobody sells more real estate than RE/MAX.

RE/MAX, LLC, one of the world’s leading franchisors of real estate brokerage services, is a subsidiary of RE/MAX Holdings, Inc. (NYSE:RMAX).

With a passion for the communities in which its agents live and work, RE/MAX is proud to have raised more than $130 million for Children’s Miracle Network Hospitals®, Susan G. Komen® and other charities.

For more information about RE/MAX, to search home listings or find an agent in your community, please visit www.remax.com.

Contacts:
Investor Relations
(303) 224-5458
investorrelations@remax.com

Media
Phil Denning
Phil.denning@icrinc.com
203-682-8246
Jason Chudoba
Jason.chudoba@icrinc.com
646-277-1249

   

 

Key Public Relations Contacts
Hilary Nixon
Sr. Public Relations Specialist
(303) 796-3570
Jason Lindaman
Sr. Public Relations Manager
(303) 224-5451
Kristen McCloy
Public Relations Coordinator
(303) 796-3662
Ronda Scholting
Public Relations Manager
(303) 796-3504
Shaun White
Vice President, Public Relations
(303) 796-3405
 

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