Implementation of the share buyback program authorized by the General Meeting of May 12, 2015
Amount of funds available to support this program: 60 million euros,
Maximum percentage of share buyback: 2.5 million shares, or about 9% of the share capital of the Company.
The purchase of these shares may be carried out by any means according to the regulations in force, on one or more occasions, through intervention on the market or over the counter or through block trades of shares. Subject to legal and regulatory provisions in force, these transactions may take place at any time.
This document is published, in accordance with the AMF General Regulations, on November 23, 2015 prior to the implementation of the program.
About Saft
Saft (Euronext: Saft) is a world leading designer and manufacturer of advanced technology batteries for industry. The Group is the world's leading manufacturer of nickel batteries and primary lithium batteries for the industrial infrastructure and processes, transportation, civil and military electronics' markets. Saft is the world leader in space and defence batteries with its Li-ion technologies which are also deployed in the energy storage, transportation and telecommunication network markets. More than 4,000 employees in 18 countries, 14 manufacturing sites and an extensive sales network all contribute to accelerating the Group's growth for the future.
Saft batteries. Designed for industry.
www.saftbatteries.com
Contacts:
Saft
Vannara Huot, Investor Relations
Tel.: +33 1 49 93 17 10, vannara.huot@saftbatteries.com
Brunswick
Benoît Grange, Tel.: +33 1 53 96 83 89
Guillaume Le Tarnec, Tel.: +33 1 53 96 83 73 e-mail: saft@brunswickgroup.com
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