Griffon repurchased 400,000 shares from Voss Managed Accounts

In a regulatory filing, Voss Capital disclosed that on September 5, certain of the Voss Managed Accounts, of which Voss Capital is the investment manager, entered into an agreement with Griffon, pursuant to which the company repurchased 400,000 shares beneficially owned by the selling shareholders, in a private transaction to facilitate redemptions by investors in the selling shareholders. The purchase price per share was $41.8656, for an aggregate purchase price of $16,746,240, and represented a 2% discount from the price of $42.72 of the shares at the close of trading on September 1, the filing indicated. The selling shareholders are affiliates of Voss Capital. Mr. Cocke, the Founder, Chief Investment Officer and Managing Member of Voss Capital, is a member of the Board of Directors of the company. The filing indicates that Travis Cocke, the managing member of each of Voss Capital and Voss GP, holds a 5.2% stake in Griffon.