Roermond,
09
May
2016
|
07:00
Europe/Amsterdam

Sif announces relaunch listing 9 May 2016

SIF RELAUNCHES LISTING PROCESS TODAY, FIRST TRADING EXPECTED ON THURSDAY 12 MAY 2016

Indicative price per share set at EUR 14.00

Roermond, the Netherlands – 9 May 2016. Sif Holding N.V. ("Sif" or the "Company"), a leading manufacturer of large steel tubulars which are used as foundation components for the offshore wind and offshore oil & gas markets, today announces the indicative price and placement size for, and the publication of the prospectus in relation to, its planned placement and listing on Euronext Amsterdam.

The Placement consists of a secondary offering only, of up to approximately 35% of Sif’s issued ordinary shares (the "Placement" and the "Shares") by GKSE Holding B.V. (the "Selling Shareholder"). The offer is limited to private placements to certain institutional investors in the Netherlands and various other jurisdictions. Listing of and first trading in the Shares on Euronext in Amsterdam are expected on 12 May 2016 (on an "as-if-and-when-issued" basis).