Modine Manufacturing Company Announces Public Offering of 12 Million Shares

Modine Manufacturing Company entered into an underwriting agreement to issue and sell 12,000,000 shares of its common stock at $7.15 per share in an underwritten public offering. The underwriters have a 30-day option to purchase an additional 1,800,000 shares.

“On September 24, 2009, Modine Manufacturing Company (the “Company”) entered into an Underwriting Agreement (the “Agreement”) with J.P. Morgan Securities Inc., as representative of the several underwriters named therein (the “Underwriters”), pursuant to which the Company agreed to issue and sell 12,000,000 shares of its common stock, $0.625 par value per share (the “Common Stock”), at a public offering price of $7.15 per share in an underwritten public offering (the “Offering”).”

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