New Issue: Bryn Mawr Bank negotiates $26.32 million registered offering of stock

By Devika Patel

Knoxville, Tenn., May 14 - Bryn Mawr Bank Corp. arranged a $26.32 million registered direct offering of stock, according to a prospectus supplement filed with the Securities and Exchange Commission.

The company will sell 1,548,167 common shares at $17.00 per share.

Stifel, Nicolaus & Co., Inc. is the lead placement agent and Keefe, Bruyette & Woods, Inc. and Boenning & Scattergood, Inc. are agents as well.

Settlement is expected on May 18.

Proceeds will be used for working capital and general corporate purposes.

The holding company for the Bryn Mawr Trust Co. is based in Bryn Mawr, Penn.

Issuer:	Bryn Mawr Bank Corp.
Issue:	Common shares
Amount:	$26,318,839
Units:	1,548,167
Price:	$17.00
Warrants:	No
Agent:	Stifel, Nicolaus & Co., Inc. (lead), Keefe, Bruyette & Woods, Inc. and Boenning & Scattergood, Inc.
Pricing date:	May 14
Settlement date:	May 18
Stock symbol:	Nasdaq: BMTC
Stock price:	$19.81 at close May 13
Market capitalization:	$169 million

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