Paris, April 20th 2012
Press release on a collective stock holding
agreement for ERAMET shares
(article 787 B of the French tax code)
On April 18th 2012, some of ERAMET's shareholders signed a collective stock holding agreement, made pursuant to article 787 B of the French tax code (Code général des Impôts).
Under that agreement, the signatory shareholders undertook, for themselves or their free assignees (heirs, legatees or donees), to collectively hold, for a period of two years as from the date of registration of the agreement, April 18th 2012, 9,665,917 shares currently representing 36.46% of voting and financial rights in ERAMET.
The collective stock holding agreement was signed, in particular, by:
- SORAME, a director of ERAMET,
- CEIR, a director of ERAMET,
- Mr Georges DUVAL, delegate CEO and a director of ERAMET,
- Mr Edouard DUVAL, a director of ERAMET,
- Mr Cyrille DUVAL, permanent representative of SORAME on the board of directors of ERAMET, and
- Mr Patrick DUVAL, permanent representative of CEIR on the board of directors of ERAMET.
ABOUT ERAMET
ERAMET is a leading global producer of:
- Alloying metals, particularly manganese and nickel, used to improve the properties of steel,
- High-performance special steels and alloys used in industries such as aerospace, power generation and tooling.
Moreover, ERAMET is studying or developing major projects in new activities, such as mineral sands (titanium dioxide and zircon), lithium, niobium and rare earths, and in recycling.
The Group employs approximately 15,000 people in 20 countries. ERAMET is part of Euronext Paris Compartment A.
CONTACT
Vice President Strategy and Investor Relations
Philippe Joly
Tel.: +33 (0)1 4538 4202
Investor Relations
David Fortin
Tel.: +33 (0)1 4538 4286
For more information: www.eramet.com
