2007 News Releases
For Immediate Release
NASDAQ: WINN
Investors:
(212) 521-4835
Media:
Kekst and Company
Michael Freitag (212) 521-4800
WINN-DIXIE ANNOUNCES NUMBER OF OUTSTANDING SHARES FOR
PURPOSES OF ITS STOCK TRANSFER RESTRICTIONS
JACKSONVILLE, FL, January 12, 2007 – Winn-Dixie Stores, Inc. (Nasdaq: WINN) (the "Company") today announced, pursuant to its Amended and Restated Articles of Incorporation, that the number of the outstanding shares of its common stock (that shareholders should take into account in determining their percentage stock ownership of the Company) is 54 million shares. The Company’s Amended and Restated Articles of Incorporation provide that, in certain circumstances, transfers of the Company’s common stock by certain stockholders will be subject to advance notice requirements and possible restriction or prohibition. A description of these restrictions and a complete copy of the Amended and Restated Articles of Incorporation are included in the Company's Form 8-A/A, which was filed with the U.S. Securities and Exchange Commission on November 21, 2006 and may be obtained at http://www.sec.gov. The 54 million share count that shareholders should use in determining their percentage stock ownership of the Company for purposes of the transfer restrictions excludes options to purchase 675,000 shares and restricted stock units relating to 405,000 shares which have been granted to Chairman and Chief Executive Officer Peter Lynch under the management incentive plan. As previously announced, the Company has authorization to issue a total of 5.4 million shares of common stock under the management incentive plan.
Winn-Dixie Stores, Inc. is one of the nation’s largest food retailers. Founded in 1925, the Company is headquartered in Jacksonville, FL. The Company currently operates 522 stores in Florida, Alabama, Louisiana, Georgia, and Mississippi. For more information, please visit www.winn-dixie.com.