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

Recticel announces that on 29 May 2017 its share capital has been increased following the exercise of (i) 113,963 warrants of the warrant plan issued on 30 May 2011, (ii) 11,933 warrants of the warrant plan issued on 22 December 2011 and (iii) 15,394 warrants of the warrant plan issued on 20 December 2012. This resulted in the issuance of 141,290 new ordinary shares, which will be admitted for trading on Euronext Brussels as of 31 May 2017.

Olivier Chapelle (CEO): 

"We are satisfied with 2016, another year of sales and profit growth, and an important milestone in our aim to make Recticel a reliable value creation company. 

As an international industrial player we want to make an essential difference in the daily comfort experience of everyone. Relying on our competences, our profound expertise in the transformation of polyurethane chemistry, we are committed to bring responsible answers to the various challenges and needs of our time and to create shared value for Recticel and society. We aim to achieve, in an efficient, sustainable and balanced manner, added value and a steady and profitable growth for all our clients and shareholders.