Exhibit 99.1
FOR IMMEDIATE RELEASE
Motorola Solutions Announces Secondary Offering of Common Stock
CHICAGO AND NEW YORK - September 5, 2019– Motorola Solutions, Inc. (NYSE:MSI) (the “Company” or “Motorola Solutions”) announced today an underwritten public offering of 5,471,271 shares of the Company’s common stock by entities affiliated with Silver Lake (“Selling Securityholders”) to Morgan Stanley as sole underwriter of the offering.
The offering is expected to close on September 9, 2019 subject to customary closing conditions. The Selling Securityholders will receive all of the proceeds from the offering. Motorola Solutions is not selling any shares and will not receive any proceeds from the offering.
The Company filed a shelf registration statement (including a prospectus, File No. 333-230136) on March 7, 2019 with the U.S. Securities and Exchange Commission (the “SEC”) for the offering to which this communication relates. Before making any investment decision, you should read the prospectus in that registration statement and other documents that the Company has filed with the SEC that are incorporated by reference in that registration statement for more complete information about the company and the offering.
The Company intends to file a prospectus supplement with respect to the offering. You may obtain these documents for free by visiting EDGAR on the SEC Web site at: www.sec.gov. Copies of the prospectus supplement and accompanying prospectus relating to the offering, when available, also may be obtained by writing or telephoning us at:
Motorola Solutions, Inc.
500 W Monroe Street
Chicago, Illinois 60661
Attention: Investor Relations
Telephone: (847)538-7367
Copies of the prospectus supplement, when available, and the accompanying prospectus relating to the offering may be obtained by contacting Morgan Stanley at 180 Varick Street, 2nd Floor, New York, NY 10014, Attention: Prospectus Department.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. The proposed offering of these shares of common stock is being made only by means of a prospectus supplement and a related prospectus.