Paycom Software, Inc. Announces Pricing of Secondary Offering of Common Stock

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Paycom Software, Inc. (NYSE: PAYC) (the “Company”) announced today the pricing of a secondary public offering of 5,585,000 shares of its common stock by certain selling stockholders, which are to be sold at a price to the public of $22.50 per share.

January 14, 2015 – Paycom Software, Inc. (NYSE: PAYC) (the “Company”) announced today the pricing of a secondary public offering of 5,585,000 shares of its common stock by certain selling stockholders, which are to be sold at a price to the public of $22.50 per share. In addition, the underwriters have been granted an option to purchase up to 837,750 additional shares of common stock from certain selling stockholders. The Company will not receive any proceeds from the sale of these shares.

Credit Suisse Securities (USA) LLC, Barclays Capital Inc. and J.P. Morgan Securities LLC are serving as lead joint book-running managers for the offering. Jefferies LLC and Stifel, Nicolaus & Company, Incorporated are also serving as joint book-running managers for the offering. Pacific Crest Securities LLC and Canaccord Genuity Inc. are serving as co-managers for the offering.

The offering will be made only by means of a prospectus. Copies of the prospectus related to the offering may be obtained from: Credit Suisse Securities (USA) LLC, One Madison Avenue, New York, NY, 10010 (Tel: +1 800 221 0137, Email: newyork.prospectus(at)credit-suisse.com); Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 (Tel: +1 888 603 5847, Email: Barclaysprospectus(at)broadridge.com); or J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 (Tel: +1 888 803 9204).

A registration statement relating to these securities has been filed with, and declared effective by, the U.S. Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, 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.

About Paycom

As a leader in payroll and HR technology, Oklahoma City-based Paycom redefines the human capital management industry by allowing companies to effectively navigate a rapidly changing business environment. Its cloud-based software solution is based on a core system of record maintained in a single database for all human capital management functions, providing the functionality that businesses need to manage the complete employment lifecycle, from recruitment to retirement. Paycom serves businesses of all sizes and in every industry. As one of the leading human capital management providers, Paycom has offices across the country and serves clients in all 50 states.

Media Contact:
Kathy Oden-Hall, CMO
800.580.4505
Kathy.Oden-Hall(at)paycom.com

Investor Relations Contact:
855.603.1620
investors(at)paycom.com

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Kathy Oden-Hall
Paycom
+1 (800) 580-4505
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Paycom
since: 05/2012
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