Independent Bank Group Closes Common Stock Offering


MCKINNEY, Texas, Dec. 06, 2017 (GLOBE NEWSWIRE) -- Independent Bank Group, Inc. (Nasdaq:IBTX), the holding company for Independent Bank, today announced the closing of its underwritten public offering of 2,348,459 shares of its common stock, of which 448,500 shares were sold by Independent Bank Group and 1,899,959 shares were sold by five shareholders of Independent Bank Group who acquired the shares in connection with Independent Bank Group’s acquisition of Carlile Bancshares, Inc. in April 2017. The offering included 212,953 shares sold upon the full exercise of the underwriters’ option to purchase additional shares, of which 58,500 were sold by Independent Bank Group and 154,453 were sold by certain of the selling shareholders.

About Independent Bank Group

Independent Bank Group, through its wholly owned subsidiary, Independent Bank, provides a wide range of relationship-driven commercial banking products and services tailored to meet the needs of businesses, professionals and individuals. Independent Bank Group operates in four market regions located in the Dallas/Ft. Worth, Austin, and Houston, Texas and the Colorado Front Range areas.

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