Disclosure in accordance with the provisions of the Act of 2 May 2007

Recticel announces that on 28 April 2017 its share capital has been increased following the exercise of (i) 73,986 warrants of the warrant plan issued on 30 May 2011, (ii) 7,160 warrants of the warrant plan issued on 22 December 2011 and (iii) 7,160 warrants of the warrant plan issued on 20 December 2012. This resulted in the issuance of 88,306 new ordinary shares, which will be admitted for trading on Euronext Brussels as of 02 May 2017.

Disclosure in accordance with the provisions of the Act of 2 May 2007

Recticel announces that on 31 March 2017 its share capital has been increased following the exercise of (i) 185,560 warrants of the warrant plan issued on 30 May 2011, (ii) 23,866 warrants of the warrant plan issued on 22 December 2011 and (iii) 40,840 warrants of the warrant plan issued on 20 December 2012. This resulted in the issuance of 250,266 new ordinary shares, which will be admitted for trading on Euronext Brussels as of 04 April 2017.

  • Combined sales growth of +5.7%, despite an adverse currency impact of -1.2%
  • Strong volumes in Automotive and Insulation reflecting a supportive macro-economic environment
  • Challenging raw material price increases leading to necessary price adjustments towards our customers
  • Combined net financial debt: EUR 135.9 million

Olivier Chapelle (CEO): “We are satisfied with the sales growth that we have generated during the first quarter of 2017, in markets which have overall remained supportive.

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