PR Newswire/Les Echos/
Press release
N°67-09
Successful completion of Saft's EUR120 million capital increase
Paris, 30 November 2009 Ð The share capital increase with preferential
subscription rights launched by Saft on 4 November has concluded with final
gross proceeds amounting to EUR1 19,622,888, corresponding to the issue of
5,696,328 new shares.
5,414,640 new shares were subscribed by irrevocable entitlement (à titre
irréductible), representing 95% of the total number of new shares, while
4,844,125 new shares were requested on a basis subject to reduction (à titre
réductible), and will, as a result, only be satisfied in part, in the amount of
281,688 new shares.
The proceeds from the capital increase will primarily be used to finance the
Group's two industrial projects for lithium-ion battery production in the United
States. It will also allow the Group to increase its financial flexibility.
Settlement and delivery of the new shares will take place on 2 December. The
listing of the new shares on Euronext Paris on the same quotation line as the
existing shares (FR0010208165) will take place on 2 December 2009.
Disclaimer
This press release and the information it contains do not constitute an offer to
sell or subscribe or a solicitation of an order to buy or subscribe securities
issued by Saft.
The distribution of this press release may be restricted in certain countries by
applicable laws and regulations. Persons who are physically located in those
countries and in those in which this press release is circulated, published or
distributed must inform themselves about and comply with such restrictions.
This document does not contain or constitute an invitation, inducement or
solicitation to invest. This press release is dire cted only at persons (1) who
are outside the United Kingdom, (2) who are Òinvestment pro fessionals" falling
within Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005 (as amended) (the ÒOrder"), (3) who are persons falling
within Article 49(2)(a) to (d) (Òhigh net worth companies, unincorporated
associations etc. ") of the Order or (4) other persons to whom an invitation or
inducement to engage in investment activity (within the meaning of the Financial
Services and Markets Act 2000) in connection with the issue or sale of any
shares may otherwise lawfully be communicated or caused to be communicated (all
such persons in (1), (2), (3) and (4) together being referred to as "Relevant
Persons"). This press release is directed only at Relevant Persons and must not
be acted on or relied on by persons who are not Relevant Persons. Any investment
or investment activity to which this presentation relates is available only to
Relevant Persons and will be engaged in only with Relevant Persons.
This press release and the information it contains do not constitute an offer to
sell or the solicitation of an offer to buy securities issued by Saft in the
United States. The securities mentioned in this press release have not been and
will not be registered under the United States Securities Act of 1933, as
amended (the "Securities Act") and may not be offered or sold in the United
States absent registration under or an applicable exemption from the
registration requirements of the Securities Act. Saft does not intend to
register all or part of such securities in the United States.
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