Exel Composites’ board of directors has resolved on a rights offering of approximately EUR 21.8 million and publishes the terms and conditions of the rights offering
EXEL COMPOSITES PLC INSIDE INFORMATION 17 MAY 2024 AT 17:00 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”) announced on 25 April 2024 that it is planning a rights offering to accelerate the implementation of its transformative strategy and strengthen its capital structure. Based on an authorisation granted by the Extraordinary General Meeting today on