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Cardtronics offers 16.7 million shares in IPO

October 23, 2007

The Associated Press:Cardtronics Inc. says it plans to raise $115 million in an initial public offering of 16.7 million shares of common stock. Cardtronics plans to offer 8.33 million shares, while a group of selling stockholders, including some members of the company's senior management, will offer 8.33 million shares. Cardtronics expects the offering to price between $14 and $16 per share. The Houston-based company filed a preliminary prospectus with the SEC in September, but did not disclose any terms. The company has applied to list its shares on the Nasdaq Global Market under the symbol "CATM."
 
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