Share Issue/Capital Change • Apr 28, 2016
Share Issue/Capital Change
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Corporate | 28 April 2016 12:57
SAF-HOLLAND S.A.: Adjustment of the Conversion Price and Conversion Ratio of the EUR 100,200,000 1.00% convertible bonds of SAF-HOLLAND S.A. due on September 12, 2020 (ISIN: DE000A1ZN7J4)
DGAP-News: SAF-HOLLAND S.A. / Key word(s): Miscellaneous/Miscellaneous
2016-04-28 / 12:57
The issuer is solely responsible for the content of this announcement.
Luxembourg, April 28, 2016 - The Annual General Meeting of SAF-HOLLAND S.A.
held on April 28, 2016 has approved a Cash Dividend payment of EUR 0.40 per
share payable to the shareholders of SAF-HOLLAND S.A. on April 29, 2016. In
accordance with the Terms and Conditions of the Bonds, SAF-HOLLAND S.A.
hereby gives notice to Bondholders that the Conversion Price and the
Conversion Ratio have been adjusted.
The adjusted Conversion Price is EUR 12.1823 (previously EUR 12.3291), and
consequently the adjusted Conversion Ratio is 8,208.6306 (previously
8,110.8921), all effective as of April 29, 2016.
Company Profile:
SAF-HOLLAND S.A., located in Luxembourg, is the largest listed supplier to
the commercial vehicle market in Europe. With sales of approximately EUR
1,060 million in 2015 and more than 3,100 employees, the company is one of
the world's leading manufacturers and suppliers of chassis-related systems
and components primarily for trailers, trucks, buses, and recreational
vehicles. The product range comprises axle and suspension systems, fifth
wheels, kingpins, and landing gear and is marketed under the brands SAF,
Holland, and Neway. SAF-HOLLAND sells its products to Original Equipment
Manufacturers (OEMs) on six continents. The Aftermarket Business Unit sells
spare parts to the Original Equipment Service (OES) of the manufacturers
and to end customers and service centers through its own extensive global
service and distribution network. SAF-HOLLAND is one of the few suppliers
in the truck and trailer industry that is internationally positioned in
almost all markets worldwide.
Contact:
SAF-HOLLAND GmbH
Stephan Haas
Hauptstraße 26
63856 Bessenbach
Phone +49 6095 301-617
[email protected]
2016-04-28 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: SAF-HOLLAND S.A.
68-70, boulevard de la Pétrusse
L-2320 Luxembourg
Grand Duchy of Luxembourg
Phone: +49 6095 301 - 0
Fax: +49 6095 301 - 260
E-mail: [email protected]
Internet: www.safholland.com
ISIN: LU0307018795, DE000A1HA979,
WKN: A0MU70, A1HA97
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of News DGAP News Service
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