DGAP-News: SAF-HOLLAND S.A.: Adjustment of the Conversion Price and Conversion Ratio of the convertible bonds maturing on September 12, 2020
DGAP-News: SAF-HOLLAND S.A. / Key word(s): Miscellaneous/Miscellaneous
SAF-HOLLAND S.A.: Adjustment of the Conversion Price and Conversion Ratio of the convertible bonds maturing on September 12, 2020
27.04.2017 / 13:16
The issuer is solely responsible for the content of this announcement.
Luxembourg, April 27, 2017 - The Annual General Meeting of SAF-HOLLAND S.A.
on April 27, 2017, approved a Cash Dividend payment of EUR 0.44 per share payable to the shareholders of SAF-HOLLAND S.A. on April 28, 2017. In accordance with the Terms and Conditions of the EUR 100,200,000 convertible bonds bearing 1.00% interest (ISIN: DE000A1ZN7J4), SAF-HOLLAND S.A. is hereby notifying the Bondholders that the Conversion Price and the Conversion Ratio have been adjusted.
Effective from April 28, 2017, the adjusted Conversion Price is EUR 12.0517 (previously EUR 12.1823), and consequently the adjusted Conversion Ratio is 8,297.5846 (previously 8,208.6306).
Company Profile:SAF-HOLLAND S.A., located in Luxembourg, is the largest independent listed supplier to the commercial vehicle market in Europe delivering mainly to the trailer markets. With sales of approximately EUR 1,042 million in 2016 and more than 3,200 employees, the company is one of the world's leading manufacturers of chassis-related systems and components primarily for trailers, trucks, buses, and recreational vehicles. The product range comprises axle and suspension systems, fifth wheels, kingpins, and landing gear marketed under the brands SAF, Holland, and Neway. SAF-HOLLAND sells its products to Original Equipment Manufacturers (OEMs) on six continents. The Group's Aftermarket business supplies spare parts to the service networks of Original Equipment Suppliers (OES), as well as to end customers and service centers through its extensive global parts distribution network. SAF-HOLLAND is one of the few suppliers in the truck and trailer industry that is internationally positioned in almost all markets worldwide.
Contact:
SAF-HOLLAND GmbH
Stephan Haas
Hauptstraße 26
63856 Bessenbach
Phone +49 6095 301-617
Stephan.Haas@safholland.de
27.04.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
SAF-HOLLAND S.A.
68-70, boulevard de la Pétrusse
L-2320 Luxembourg
Grand Duchy of Luxembourg
Phone:
+49 6095 301 - 0
Fax:
+49 6095 301 - 260
E-mail:
info@safholland.de
Internet:
www.safholland.com
ISIN:
LU0307018795, DE000A1HA979,
WKN:
A0MU70, A1HA97
Indices:
SDAX
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
End of News
DGAP News Service
568289 27.04.2017