Black Knight Announces Secondary Offering of Common Stock and Repurchase of Common Stock

World News: . []

JACKSONVILLE, Fla., Feb. 13, 2018 (GLOBE NEWSWIRE) -- (NYSE:BKI) (the “Company” or “Black Knight”), a leading provider of software, data and analytics solutions to the mortgage and consumer loan, real estate and capital market verticals, today announced that affiliates of Thomas H. Lee Partners, L.P. (together, the “Selling Shareholder”), intend to offer for sale 5,000,000 shares of the Company’s common stock pursuant to a shelf registration statement filed with the Securities and Exchange Commission (“SEC”), of which the Company intends to repurchase from the underwriter 2,000,000 shares of common stock. The shares will be offered to the public at a fixed price, which may be changed at any time without notice.

The Selling Shareholder will receive all of the net proceeds from this offering. No shares are being sold by the Company.

The Company's per-share purchase price for the repurchased shares will be the same as the per-share purchase price payable by the underwriter to the Selling Shareholder. The Company intends to fund the share repurchase with borrowings under its revolving credit facility.

Goldman Sachs & Co. LLC will act as the underwriter for this offering.

An automatic shelf registration statement (including a prospectus) relating to the offering of common stock was filed with the SEC on November 20, 2017 and became effective upon filing. Before you invest, you should read the prospectus in that registration statement and the documents incorporated by reference in that registration statement as well as the prospectus supplement related to this offering. You may obtain these documents for free by visiting EDGAR on the SEC website at . When available, copies of the prospectus supplement and accompanying prospectus related to the offering may also be obtained from: Goldman Sachs & Co. LLC, Attn: Prospectus Department, 200 West Street, New York, NY 10282, telephone: (866)-471-2526, facsimile: 212-902-9316, e-mail: prospectusgroup-ny@ny.email.gs.com.

The offering of these securities will be made only by means of a prospectus supplement and the accompanying prospectus. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. Any offer to buy the securities may be withdrawn or revoked, without obligation or commitment of any kind, at any time prior to notice of its acceptance given after the effective date.

Black Knight is committed to being a premier business partner that clients rely on to achieve their strategic goals, realize greater success and better serve their customers by delivering best-in-class software, services and insights with a relentless commitment to excellence, innovation, integrity and leadership.

SOURCE: BLACK KNIGHT, INC.

Information for Investors:

Bryan HipsherBlack Knight904.854.3219

Information for Media:

Michelle KerschBlack Knight904.854.5043

More news and information about Black Knight, Inc.

Published By:

Globe Newswire: 21:57 GMT Tuesday 13th February 2018

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