INSIDE INFORMATION: Exel Composites is planning a rights offering of up to approx. EUR 23 million to accelerate the implementation of its transformative strategy and strengthen its capital structure
EXEL COMPOSITES PLC INSIDE INFORMATION 25 APRIL 2024 AT 09:35 EESTNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR TO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. Exel Composites Plc (“Exel Composites” or the “Company”) is planning a rights offering to raise gross proceeds of up to approximately EUR 23 million (the “Offering”) to accelerate its strategy implementation and strengthen its capital structure. The Company has also agreed on a new financing agreement of EUR 52.4