Origin Bancorp, Inc. Announces Closing Of Initial Public Offering Of Common Stock

RUSTON, La., May 10, 2018 (GLOBE NEWSWIRE) — Origin Bancorp, Inc. (“Origin”), the financial holding company for Origin Bank, today announced the closing of its initial public offering of its common stock at a public offering price of $34.00 per share. Origin’s common stock began trading on the Nasdaq Global Select Market under the trading symbol “OBNK” on Wednesday, May 9, 2018.

In connection with the initial public offering, on May 9, 2018, the underwriters exercised, in full, their option to purchase additional shares of Origin’s common stock at the public offering price less the underwriting discount. A total of 4,181,602 shares of Origin’s common stock were sold in the initial public offering, of which Origin sold 3,045,426 (including shares sold by the underwriters’ option) and certain selling stockholders sold 1,136,176 shares of Origin common stock.

Stephens Inc. and Raymond James & Associates, Inc. acted as joint book runners for the offering. Keefe, Bruyette & Woods, a Stifel Company, and Sandler O’Neill + Partners, L.P. acted as co-managers.

A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on May 8, 2018. The offering was made only by means of a prospectus. Copies of the final prospectus relating to the offering may be obtained by contacting Stephens Inc., 111 Center Street, Little Rock, Arkansas 72201, Attention: Syndicate, or by calling toll free (800) 643-9691 or by email at [email protected]; or Raymond James & Associates, Inc., 880 Carillon Parkway, St. Petersburg, Florida 33716, by calling toll free (800) 248-8863, or by email at [email protected]. Copies of the registration statement relating to these securities and the prospectus may also be obtained free of charge from the website of the SEC at http://www.sec.gov.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or 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 jurisdiction.