Lenzing AG Initiates EUR 300 Million Capital Increase

Lenzing AG has announced a fully underwritten capital increase aimed at raising approximately EUR 300 million. This initiative supports the company's “Grow Nonwovens, Reset Textiles” strategy and aims to bolster its capital structure. The increase is subject to approval by the Austrian Financial Market Authority, with the subscription price set at EUR 8.65 per share.

Existing shareholders will receive one subscription right per share, with the option to subscribe for 9 new shares for every 10 currently held. The subscription period is scheduled from October 6 to October 20, 2026. Lenzing's dominant shareholders, B&C Group and Suzano S.A., along with Oberbank AG, have committed to exercising their subscription rights fully.

The rights will be traded on the Vienna Stock Exchange between October 6 and October 14, 2026. Any unsubscribed shares will be offered to institutional investors via an international private placement on October 20, 2026.