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ELARIS AG
Share Issue/Capital Change • Aug 14, 2024
7276_rns_2024-08-14_cd01dcb6-2652-45cc-bd63-e1afb840b9c0.html
Share Issue/Capital Change
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Corporate | 14 August 2024 20:15
ELARIS AG implements planned adjustment of borrowing structure and increases free float
EQS-News: ELARIS AG / Key word(s): Miscellaneous
ELARIS AG implements planned adjustment of borrowing structure and increases free float
14.08.2024 / 20:15 CET/CEST
The issuer is solely responsible for the content of this announcement.
ELARIS AG implements planned adjustment of borrowing structure and increases free float
Bad Dürkheim, 14 August 2024 – ELARIS AG (“ELARIS”, ISIN DE000A37FT17) has finalised the optimisation of its borrowing structure initiated several quarters ago as planned. As part of this process, numerous lenders to the company have now received shares in the company in return for assigning their claims against ELARIS. These originate from the holdings of the major shareholder Elaris Holding GmbH. As a result of the transactions, the free float of ELARIS, including the shares held by NEON EQUITY AG, has increased from 8.9 percent to around 12 percent.
Lars Stevenson, CEO and Founder of ELARIS AG: “The adjustment of the borrowing structure that has just been implemented was agreed many months ago and we are pleased that we have now been able to finalise it. As a result, lenders have become shareholders. The increase in the free float enhances the attractiveness of the ELARIS share on the capital market.”
Press Contact and Investor Relations
edicto GmbH
Axel Mühlhaus / Svenja Liebig
+49 69 90550 556
14.08.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
| Language: | English |
| Company: | ELARIS AG |
| Robert-Bunsen-Straße 1 | |
| 67098 Bad Dürkheim | |
| Germany | |
| E-mail: | [email protected] |
| Internet: | www.elaris.info |
| ISIN: | DE000A37FT17, DE000A2QDEZ3 |
| WKN: | A37FT1, A2QDEZ |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich (m:access) |
| EQS News ID: | 1968225 |
| End of News | EQS News Service |