Share Issue/Capital Change • Sep 4, 2008
Share Issue/Capital Change
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News Details
Ad-hoc | 4 September 2008 15:28
SAF-HOLLAND S.A.: SAF-HOLLAND S.A. Places Shares from Capital Increase at a Price of EUR 7.50 per Share
SAF-HOLLAND S.A. / Capital Increase
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
SAF-HOLLAND S.A. has successfully completed its capital increase. The new
shares were placed at a price of EUR 7.50 each with quali-fied investors in
Germany and other European countries. The Group will use the total of EUR
14 million in gross proceeds from the issu-ance to finance the acquisition
of Georg Fischer Verkehrstechnik GmbH. In the course of the placement,
1,864,900 bearer shares with a nominal value of EUR 0.01 per share,
amounting to a total of 9.9% of the subscribed share capital, were on
offer.
The new shares are to be included in the existing pricing for SAF-HOLLAND
S.A. shares on the regulated market of the Frankfurt Stock Exchange. They
will be fully entitled to dividends for the 2008 fiscal year. The
subscribed share capital of the Company has increased as a result of the
capital increase by EUR 9.9% from EUR 188,373.75 to currently EUR
207.022,75.
The capital increase serves the purpose of financing the announced
acquisition of Georg Fischer Verkehrstechnik GmbH. This acquisition will
further accelerate SAF-HOLLAND’s growth path and strengthen its position in
the European market for fifth wheels. At the same time, the Group becomes a
truly global supplier to the truck industry.
Board of Directors
Luxembourg, September 4, 2008
– End of the announcement –
04.09.2008 Financial News transmitted by DGAP
Language: English
Issuer: SAF-HOLLAND S.A.
68-70, boulevard de la Pétrusse
L-2320 Luxembourg
Luxemburg
Phone: +49 6095 301 - 0
Fax: +49 6095 301 - 260
E-mail: [email protected]
Internet: www.safholland.com
ISIN: LU0307018795
WKN: A0MU70
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of News DGAP News-Service
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