Lenzing Reports 99% Subscription Rights Exercise Rate

Bitget2026/10/20 16:05

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Lenzing shareholders exercised subscription rights for 34,411,626 new shares as of October 20, 2026, representing 99% of the rights offering.
The offering comprises 34,756,362 new shares at EUR 8.65 each, targeting gross proceeds of approximately EUR 300 million.
Managing banks will sell unsubscribed shares in the market at no less than EUR 8.65 each.
Settlement and trading on the Vienna Stock Exchange are expected October 23, 2026, subject to registration of the capital increase.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lenzing AG published the original content used to generate this news brief via EQS News (Ref. ID: adhoc_2419014_en) on October 20, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Lenzing Reports 99% Subscription Rights Exercise Rate

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