Recticel

Share Issue/Capital Change • Oct 27, 2016

Brussels, 27 October 2016 – 18:00 CET

Disclosure in accordance with the provisions of the Act of 2 May 2007

CAPITAL INCREASE THROUGH EXERCISE OF WARRANTS

Recticel announces that on 26 October 2016 its share capital has been increased following the exercise of 43,556 warrants of the warrant plan issued on 22 December 2011 and 38,186 warrants of the warrant plan issued on 20 December 2012. This resulted in the issuance of 81,742 new ordinary shares, which are admitted for trading on Euronext Brussels as of 28 October 2016.

This results in the following overview:

	before	current
Total subscribed capital (in EUR)	134 898 185	135 102 540
Total number of shares in issue (with voting rights)	53 959 274	54 041 016
Total number of outstanding warrants1	2 791 190	2 709 448
Total number of outstanding convertible bonds2	1 149	1 149

1 Each warrant entitles the holder to subscribe to 1 new ordinary share.

2 Each bond (nominal value: EUR 50 000) can be converted into 5,241.09 new ordinary shares on the basis of the current conversion price (EUR 9.54). If all the bonds are converted, an additional 6,022,012 ordinary shares can therefore be created. The conversion price is adjustable in accordance with the usual conditions. The convertible bonds bought back by the Group between 2008 and 2011 (in total 597 bonds for a nominal amount of EUR 29,85 million) have not been deducted.

^°°°

Financial calendar

Third quarter 2016	31.10.2016
trading update	(before opening of the stock exchange)
Annual Results 2016	27.02.2017 (before opening of the stock exchange)
First quarter 2017	26.04.2017
trading update	(before opening of the stock exchange)
Annual General Meeting	30.05.2017 (at 10:00 AM CET)
First half-year 2017	31.08.2017
results	(before opening of the stock exchange)
Third quarter 2017 trading update	31.10.2017 (before opening of the stock exchange

For additional information

RECTICEL - Olympiadenlaan 2, B-1140 Brussels (Evere)
	PRESS	INVESTOR RELATIONS
	Mr Olivier Chapelle	Mr Michel De Smedt
	Tel: +32 2 775 18 01	Mobile: +32 479 91 11 38
	chapelle.olivier@recticel.com	desmedt.michel@recticel.com

Recticel in a nutshell

Recticel is a Belgian Group with a strong European dimension, but it also operates in the rest of the world. Recticel employs about 7,600 people in 97 establishments in 27 countries.

Recticel contributes to daily comfort with foam filling for seats, mattresses and slat bases of top brands, insulation material, interior comfort for cars and an extensive range of other industrial and domestic applications.

Recticel is the Group behind well-known bedding brands (Beka®, Lattoflex®, Literie Bultex®, Schlaraffia®, Sembella®, Swissflex®, Superba®, Ubica®, etc.) and GELTEX® inside. Within the Insulation sub-segment highquality thermal insulation products are marketed under the well-known brands Eurowall®, Powerroof®, Powerdeck® and Powerwall®. Technological progress and innovation have led to breakthrough at the biggest names in the Automotive industry thanks to Colofast®, Colosense® and Colosense Lite®.

In 2015 Recticel achieved combined sales of EUR 1.33 billion (IFRS 11 consolidated sales: EUR 1.03 billion).

Recticel (Euronext: REC – Reuters: RECTt.BR – Bloomberg: REC:BB) is listed on Euronext in Brussels.

The press release is available in English, Dutch and French on the website www.recticel.com