PR Newswire/Les Echos/
Press release
N°60-09
Saft Groupe S.A. announces its intention to raise approximately EUR120m in
equity capital by way of a rights issue to fund its lithium-ion battery
factories in the United States and reinforce its financial flexibility
Paris, 2nd November 2009 - Saft announces its intention, depending on market
conditions, to raise shortly approximately EUR120m in equity capital by way of
an issue of preferential subscription rights to fund its lithium-ion battery
plant in Jacksonville (Florida), the lithium-ion hybrid and electric battery
plant of the Johnson-Controls-Saft JV in Holland (Michigan) and to reinforce its
financial flexibility.
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This announcement does not constitute an offer to sell, or a solicitation of
offers to purchase or subscribe for, securities in the United States. The
securities discussed in this press release will not be and have not been
registered under the US Securities Act of 1933 (the "Securities Act") and may
not be offered or sold in the United States absent registration or an applicable
exemption from the registration requirements of the Securities Act. Saft has no
intention to register any portion of the offering of these securities under the
Securities Act.
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