SAF-HOLLAND S.A.: Capital increase resolved

SAF-HOLLAND S.A.  / Key word(s): Capital Increase

24.03.2011 08:08

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Not for direct or indirect publication or distribution in or into the
United States of America, Canada, Japan or Australia


SAF-HOLLAND S.A., Luxembourg, (ISIN: LU0307018795), today resolved to
increase the share capital of the Company from EUR 207,022.75 by EUR
205,351.00 to EUR 412,373.75 through the issue of 20,535,100 new ordinary
bearer shares with a nominal value of EUR 0.01 per share. The subscription
rights of the shareholders are excluded.

All new shares will be offered today to institutional investors by way of
an international private placement outside the United States of America in
accordance with Regulation S. The private placement is subject to a
claw-back, pursuant to which 5% of the new shares (translating into
1,026,755 new shares) will be offered to retail investors in a public
offering in Germany. The retail offering will begin immediately following
the private placement on March 25, 2011 and is expected to end on March 29,
2011 at 12:00 pm.

The final offer price for all new shares, including the public offering, is
expected to be determined this evening by the Company together with
COMMERZBANK Aktiengesellschaft and UniCredit Bank AG as Joint Bookrunners
on the basis of a bookbuilding and will subsequently be published on the
website of the Luxembourg Stock Exchange (http://www.bourse.lu) as well as
on the website of the Company (http://www.safholland.com). Proceeds will be
used primarily for the repayment of loans and will strengthen the Company's
equity base.

The approved prospectus is expected to be published today on the website of
the Luxembourg Stock Exchange (http://www.bourse.lu) as well as on the
website of the Company (http://www.safholland.com). The admission of the
new shares to the trading of the Company's shares on the regulated market
of the Frankfurt Stock Exchange (Prime Standard) is expected on March 28,
2011.

Board of Directors
Luxembourg, March 24, 2011


This announcement does not constitute an offer to sell or the solicitation
of an offer or invitation to subscribe or purchase any of the securities
described herein in the United States or in any other jurisdiction. The
distribution of this announcement in other jurisdictions may be restricted
by law and persons into whose possession this announcement comes must
inform themselves about, and observe any such restrictions. The offer will
be made exclusively by means of a securities prospectus, which contains
detailed information about the company, its business, operations and
management, and the offering, as well as the company's financial
statements. Subject to the offering restrictions, the securities prospectus
can be obtained on the website of the company (www.safholland.com) or at
the registered office of the company at 68-70 boulevard de la Pétrusse,
L-2320 Luxembourg, Grand Duchy of Luxembourg, as well as from the joint
bookrunners. The shares of the company have not been, and will not be,
registered under the U.S. Securities Act of 1933 (the 'Securities Act') and
cannot be offered, sold, delivered or otherwise transferred in or into the
United States. There will be no public offering of such securities in the
United States. 


Kontakt:
SAF-HOLLAND Group GmbH
Barbara Zanzinger
Hauptstraße 26
63856 Bessenbach

Phone +49 6095 301-617
barbara.zanzinger@safholland.de






24.03.2011 DGAP's Distribution Services include Regulatory Announcements, 
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      SAF-HOLLAND S.A.
              68-70, boulevard de la Pétrusse
              L-2320 Luxembourg
              Großherzogtum Luxemburg
Phone:        +49 6095 301 - 0
Fax:          +49 6095 301 - 260
E-mail:       info@safholland.de
Internet:     www.safholland.com
ISIN:         LU0307018795
WKN:          A0MU70
Indices:      SDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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