Sunday, June 3, 2012

Post Properties, Inc. Announces At-the-Market Offering


ATLANTA, GA--(BUSINESS WIRE)-- Post Properties, Inc. (NYSE: PPS), an Atlanta-based real estate investment trust, today announced that it has filed a prospectus supplement under which it may sell up to 4,000,000 shares of its common stock from time to time through J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, Cantor Fitzgerald & Co. and Mitsubishi UFJ Securities (USA), Inc., as sales agents.

As of May 31, 2012, approximately 136,500 shares of common stock remain available for issuance under the Company’s existing at-the-market offering previously announced on February 9, 2010.

 The Company expects to sell these remaining shares pursuant to its existing at-the-market offering before selling any shares pursuant to the new at-the-market offering announced today.

For a complete copy of the company’s news release, please contact:

Post Properties, Inc.
Chris Papa,
404-846-5028

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