| Ticker: OGAR | 9113 LeSaint Drive | |
| Exchange: NASDAQ-National Market | Fairfield, Ohio 45014 | |
| Industry: Manufacturing | (513) 874-2112 |
| Type of Shares: | Common Shares | Filing Date: | 8/29/96 | |
| U.S. Shares: | 2,000,000 | Offer Date: | 11/12/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $12.00 - $14.00 | |
| Primary Shares: | 2,000,000 | Offer Price: | $9.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.63 | |
| Offering Amount: | $26,000,000 | Selling: | $0.37 | |
| Expenses: | - | Reallowance: | $0.10 | |
| Shares Out After: | 7,011,846 |
| Manager | Tier | Phone |
| Dillon, Read & Co. Inc. | Lead Manager | (212) 906-7000 |
| Equitable Securities Corporation | Co-manager | (615) 780-9300 |
| Furman Selz Incorporated | Co-manager | (212) 309-8200 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 6/30/96 | 6/30/95 | 6/30/96 | ||
| Revenue: | $32.82 | $41.52 | $12.16 | Assets: | $36.27 |
| Net Income: | -$1.12 | $4.00 | -$0.99 | Liabilities: | $32.25 |
| EPS: | Equity: | $4.02 | |||
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company is a leading provider of fully integrated ballistic and blast protected vehicle armoring systems for military, commercial and governmental clients worldwide. Through O'Gara-Hess & Eisenhardt Armoring Company, the company currently is the primary provider of armoring systems for High Mobility Multi-Purpose Wheeled Vehicles used by the U.S. military and other armed forces worldwide. OHE also provides armored commercial vehicles for heads of state, business executives and VIPs worldwide, including presidential limousines used by every U.S. President since 1948. Through O'Gara Satellite Networks Limited, the company provides vital communications systems for its clients by integrating proprietary hardware and smart card billing software that operate on the International Maritime Satellite network. In addition, the company offers customized turn-key site security systems to international customers. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay certain indebtedness of the company, to finance certain distributions to existing shareholders, to acquire the company's leased Mexico City manufacturing facility, to pay initial installments for the acquisition of Palmer Associates, S.C. and for general corporate purposes including potential acquisitions and working capital. |
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