DULUTH, Ga., Aug. 07, 2019 (GLOBE NEWSWIRE) -- National Vision Holdings, Inc. (NASDAQ: EYE) today announced that KKR Vision Aggregator L.P.  intends to offer for sale in an underwritten secondary offering 9,149,908 shares of common stock of National Vision pursuant to a shelf registration statement filed by National Vision with the U.S. Securities and Exchange Commission. No shares are being sold by National Vision. The Selling Stockholder will receive all of the proceeds from this offering.

In addition, National Vision announced that, subject to the completion of the offering, it intends to repurchase from the underwriter, out of the 9,149,908 shares of common stock, a number of shares having an aggregate purchase price of $25.0 million at a price per share equal to the price at which the underwriter will purchase the shares from the Selling Stockholder. The closing of the share repurchase is conditioned on, and expected to occur simultaneously with, the closing of the offering, subject to the satisfaction of other customary conditions. The offering is not conditioned upon the completion of the share repurchase.