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BayWa AG: Subscription Price for Uniform Cash Capital Increase with Subscription Rights According to Restructuring Plan Set at EUR 2.79 per Share, Implementation of First Tranche Resolved
BayWa AG: Subscription Price for Uniform Cash Capital Increase with Subscription Rights According to Restructuring Plan Set at EUR 2.79 per Share,
About this update from Baywa Ag
[{"type":"text","content":"\nEQS-Ad-hoc: BayWa AG / Key word(s): Capital Increase/Restructure of Company\n\nBayWa AG: Subscription Price for Uniform Cash Capital Increase with Subscription Rights According to Restructuring Plan Set at EUR 2.79 per Share, Implementation of First Tranche Resolved \n01-Jul-2025 / 19:43 CET/CEST\n\nDisclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.\n\nThe issuer is solely responsible for the content of this announcement.BayWa AG: Subscription Price for Uniform Cash Capital Increase with Subscription Rights According to Restructuring Plan Set at EUR 2.79 per Share, Implementation of First Tranche Resolved\n\nMunich, 1 July 2025: Today, the Management Board of BayWa AG, with the approval of the Supervisory Board, set the subscription price for the uniform cash capital increase with subscription rights, as resolved in the restructuring plan, at EUR 2.79 per new share.\n\nIn the restructuring plan, a cash capital increase was resolved, through which the company’s share capital, currently amounting to EUR 92,497,210.88 and divided into 36,131,723 registered no-par value shares, will be increased by up to EUR 184,994,421.76 to up to EUR 277,491,632.64 by issuing up to 72,263,446 new registered, transfer-restricted shares (“New Shares”). In the context of this capital increase, BayWa AG shareholders are entitled to subscribe in a ratio of 1 to 2, i.e., each old share entitles the holder to subscribe for two New Shares. The capital increase is to be carried out in two tranches, with only the two anchor shareholders, Bayerische Raiffeisen-Beteiligungs-Aktiengesellschaft and Raiffeisen Agrar Invest AG, being entitled to subscribe in the first tranche, and all other shareholders in the second tranche.\n\nToday, the Management Board, with the approval of the Supervisory Board, resolved to implement the first tranche of the capital increase. The anchor shareholders are entitled, in accordance with their previous shareholdings, to subscribe for up to a total of 44,894,938 New Shares. In accordance with the provisions of the restructuring plan, the two anchor shareholders have contractually committed in an investment agreement to exercise, within the subscription period of the first tranche of the capit...