News

Advantage Partners, LLP (“AP”) announced today that funds served by AP including, AP Cayman Partners I, L.P., AP Cayman Partners I-B, L.P., as well as parallel funds Advantage Partners MBI Fund III I.L.P., AP Investment Fund 14, and AP Investment Fund 14-B (collectively referred to as “AP Funds”) have agreed to sell remaining shares owned of 1st Holdings, Inc. in a tender offer; the shares will be transferred on May 30, 2013, as outlined below.

1. Details of the Share Transfer

(1) Number of Shares to be Transferred: All 11,253,643 shares held by AP Funds

(2) Share Transfer Date: May 30, 2013

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