Cherry SE Announces Cash Capital Increase with Subscription Rights

Cherry SE's management board has resolved, with supervisory board approval, to implement a capital increase through cash contributions with subscription rights. The decision follows a capital reduction from EUR 24.3 million to EUR 6.075 million. The share capital will be raised by up to EUR 9.72 million, reaching as much as EUR 15.795 million. Each new share will be entitled to dividends starting January 1, 2025.

Argand Partners, LP, Cherry's major shareholder with an indirect 34.6% stake, has committed to fully exercising its subscription rights. The subscription ratio is set at 5:8, with a share price of EUR 1.04. Unsubscribed shares may be offered privately at no less than the subscription price.

Cherry's new shares are expected to be traded on Frankfurt's Prime Standard, with the subscription offer details due in the Federal Gazette by mid-July 2026.