SAF-HOLLAND S.A.: SAF-HOLLAND S.A. plans change of legal form into a European Company (SE) and subsequent transfer of the registered office to Germany

DGAP-Ad-hoc: SAF-HOLLAND S.A. / Key word(s): Strategic Company Decision SAF-HOLLAND S.A.: SAF-HOLLAND S.A. plans change of legal form into a European Company (SE) and subsequent transfer of the registered office to Germany 06-Dec-2019 / 16:05 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.   SAF-HOLLAND S.A. plans change of legal form into a European Company (SE) and subsequent transfer of the registered office to Germany   Luxembourg, December 6, 2019 - The Board of Directors of SAF-HOLLAND S.A. has decided today to prepare the change of the legal form of the company into a European Company (Societas Europaea, SE) and the subsequent transfer of the registered office of the company to Germany.   Together with the transfer of the registered office, an increase of the company's share capital from company funds by EUR 44,940,358.98 to EUR 45,394,302.00 is planned. The purpose of the capital increase from company funds is to increase the proportionate amount per share in the company's share capital from EUR 0.01 to EUR 1.00. No new shares are to be issued as part of this capital increase.   The change of the legal form into an SE, the capital increase from company funds and the transfer of the registered office to Germany require the approval of the general meeting of the company. The terms of conversion and the articles of association of the future SAF-HOLLAND SE shall be submitted for approval to an extraordinary general meeting, which is expected to take place in February 2020. An extraordinary general meeting of the company, which is expected to be held in the second quarter of 2020 following the ordinary annual general meeting, is to resolve on the capital increase from company funds, the transfer plan and the articles of association of SAF-HOLLAND SE with its future registered office in Germany.   The legal status of the company's shareholders will in principle remain unaffected by the change of the legal form into an SE and the subsequent transfer of the registered office to Germany. They will hold the same number of shares in SAF-HOLLAND SE as they did in SAF-HOLLAND S.A. before. In addition, the stock exchange trading of the company's shares will remain unaffected by the change of legal form and the transfer of the registered office.   Together with the change of legal form and the transfer of the registered office, the company is considering a simplification of the legal group structure.   You will find further information on the planned measures at: https://corporate.safholland.com/en/SE   Contact: SAF-HOLLAND Group Michael Schickling Hauptstraße 26 63856 Bessenbach Phone [phone] [e-mail] 06-Dec-2019 CET/CEST 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
	Luxemburg
Phone:	[phone] - 0
Fax:	[phone] - 260
E-mail:	[e-mail]
Internet:	www.safholland.com
ISIN:	LU0307018795
WKN:	A0MU70
Indices:	SDAX
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	930695

End of Announcement	DGAP News Service

930695  06-Dec-2019 CET/CEST