Annie’s Announces Filing of Registration Statement for Stock Offering and Concurrent Stock Repurchase

BERKELEY, Calif.--(BUSINESS WIRE)--Annie's, Inc. (NYSE: BNNY), a leading natural and organic food company, today announced the filing of a registration statement on Form S-1 with the U.S. Securities and Exchange Commission with respect to a proposed underwritten offering of 3.5 million shares of common stock to be sold exclusively by affiliates of Solera Capital. The selling stockholders will also grant the underwriters an option to purchase an additional 525,000 shares to cover over-allotments. The company will not receive any proceeds from the sale of shares by the selling stockholders. Simultaneously with the closing of the offering, Annie’s will repurchase an additional 500,000 shares from the selling stockholders at the same price to be paid by the underwriters in the underwritten offering.