Lenzing: 99% of rights offering shares subscribed, raising EUR 300 million
Lenzing reports 34.4 million new shares subscribed in its rights offering, a 99.0% exercise ratio. Trading starts October 23, 2026 on the Vienna exchange.
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what happened
According to Reuters, Austria's Lenzing said 34,411,626 new shares were subscribed in its rights offering, giving an exercise ratio of 99.0%.
The company is issuing 34,756,362 new shares at EUR 8.65 each, which will raise EUR 300 million. Trading in the new shares on the Vienna Stock Exchange is expected to begin on October 23, 2026.
why it matters
The near-full subscription points to strong take-up by existing shareholders in the offering. For the market, this is mainly a corporate event for one Vienna-listed stock rather than a signal for the wider sector.
tags
instruments
sources
- Lenzing Says 34,411,626 New Shares Subscribed In Rights Offering, 99.0% Exercise Ratio — Reuters, 20 October 2026 at 16:03 UTC
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