BayWa AG Sets Price for Capital Increase Amid Restructuring Plan

BayWa AG has announced the subscription price for its uniform cash capital increase at EUR 2.79 per share. This decision is part of a broader restructuring plan aimed at increasing the company’s share capital significantly. The current share capital of EUR 92.5 million will potentially increase to EUR 277.5 million through the issuance of up to 72.3 million new shares. Shareholders can subscribe in a 1 to 2 ratio, meaning each share allows subscription for two new shares.

The capital increase is divided into two tranches. The first tranche allows two anchor shareholders, Bayerische Raiffeisen-Beteiligungs-Aktiengesellschaft and Raiffeisen Agrar Invest AG, to buy up to 44.9 million new shares. Other shareholders will participate in the second tranche, expected to begin in October 2025, with Baader Bank as the global coordinator. The plan includes offering unsubscribed shares to institutional investors, ensuring a minimum capital increase of EUR 150 million.