|JONES LANG LASALLE INC filed this Form S-1/A on 07/11/1997|
earnings, financial requirements and other factors deemed relevant by the
Company's Board of Directors, including the Company's contractual obligations.
The Company expects that provisions to be contained in agreements governing the
Company's long-term indebtedness after the Offering will limit the amount of
dividends that the Company may pay to its stockholders. See "Dividend Policy."
IMMEDIATE AND SUBSTANTIAL DILUTION
The initial public offering price is expected to be substantially higher than
the pro forma net tangible book value per share of Common Stock. As a result,
assuming an initial public offering price of $20.00 per share, purchasers of
shares of Common Stock in the Offering will incur immediate and substantial
dilution of $16.07 in net tangible book value per share. See "Dilution."
This Prospectus contains forward-looking statements. Discussions containing
such forward-looking statements may be found in the material set forth under
"Prospectus Summary," "Management's Discussion and Analysis of Financial
Condition and Results of Operations" and "Business," as well as within this
Prospectus generally. In addition, when used in this Prospectus, the words
"believes," "intends," "anticipates," "expects" and words of similar import may
constitute "forward-looking statements." Such statements are subject to a
number of risks and uncertainties. Actual results in the future could differ
materially from those described in the forward-looking statements as a result
of the risk factors set forth above and the matters set forth in the Prospectus
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