PGT, Inc. PGTI, the
leading U.S. manufacturer and supplier of residential impact-resistant windows
and doors, announced that it had filed a shelf registration statement with the
U.S. Securities Exchange Commission on Form S-3 pursuant to a notice from JLL
Partners Fund IV, LP ("JLL"), the holder of approximately 62% of the Company's
outstanding common stock, under a registration rights agreement between JLL
and the Company. The Company said that JLL has advised it that JLL has not
made any definitive determination as to the number of shares, if any, it
intends to sell pursuant to such registration statement, after it is declared
effective by the SEC, nor the timing of any such sales. Any sales by JLL of
its outstanding shares will not have a dilutive effect on the Company. The
Company also said that it has no current intent to sell any primary shares of
its common stock pursuant to the registration statement.
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