Somfy / Exceptional distribution of reserves

PR Newswire/Les Echos/ Press release 19 December 2014 Exceptional distribution of reserves The General Meeting of 27 November 2014 offered the shareholders the option of receiving one Edify1 share estimated at EUR50 or an equivalent gross cash amount of EUR50 for each of their Somfy shares. They were to indicate their preference between the ex-dividend date of 2 December 2014 and 12 December 2014. The distribution thus proposed gave rise to the allocation of 4,809,484 Edify shares and cash payments to 2,626,063 Somfy shares. Payment occurred today, concurrently with the admission of the Edify shares to trading on the Euro MTF organised market of the Luxembourg Stock Exchange2. The 251,136 Edify shares not subscribed by Somfy shareholders have been acquired by Edify for EUR50 per share. The first 200,620 shares have been cancelled as part of a capital reduction transaction, with the remaining 50,516 being retained by Edify as treasury shares and to support the liquidity contract. The planned demerger of the Group's two divisions, consideration of which by the Supervisory Board began on 14 May 2014, has therefore taken place as expected and as scheduled. To date, Somfy no longer holds any Edify shares. Contacts Somfy: Pierre Ribeiro - Tel: +33 4 50 40 48 49 / Jean-Michel Jaud - Tel: +33 4 50 96 70 65 Shan: François-Xavier Dupont - Tel: +33 1 44 50 58 74 (1) The Edify company was incorporated last September. All Somfy Participations assets were transferred to it, with the exception of securities in CIAT and FAAC. (2) The prospectus for admission of the Edify shares to the Euro MTF market of the Luxembourg Stock Exchange can be downloaded from Somfy's website (www.somfy.com). The content and accuracy of news releases published on this site and/or distributed by PR Newswire or its partners are the sole responsibility of the originating company or organisation. Whilst every effort is made to ensure the accuracy of our services, such releases are not actively monitored or reviewed by PR Newswire or its partners and under no circumstances shall PR Newswire or its partners be liable for any loss or damage resulting from the use of such information. All information should be checked prior to publication.