Lenzing stock reports 99.00 percent rights take-up, drops 4.76 percent pre-market
Published on 10/21/2026 at 08:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSFinancing timetable remains central
- The rights offering had received subscriptions for 34,411,626 new shares by October 20, 2026.
- Trading in all new shares is expected to start on October 23, 2026, subject to registration.
- Lenzing stock trades pre-market at EUR 10.00 at 8:02 a.m. CEST at Lang & Schwarz on October 21, 2026, 4.76 percent below the Xetra close of October 20, 2026.
Lenzing said on October 20, 2026, that 34,411,626 new shares had been subscribed for in its rights offering, representing a 99.00 percent subscription rights exercise ratio, according to an EQS announcement published by the Financial Times. Lenzing stock trades pre-market at EUR 10.00 at 8:02 a.m. CEST at Lang & Schwarz on October 21, 2026, 4.76 percent below the Xetra close of October 20, 2026 (EUR 10.50).
Rights offering nears completion
The company said the offering covers 34,756,362 new shares at a subscription price of EUR 8.65 each and is intended to raise approximately EUR 300 million in gross proceeds. The unsubscribed shares will be sold in the market by the managing banks, while settlement, delivery and the start of trading for all new shares are expected on October 23, 2026, subject to registration of the capital increase with the companies register. These details were reported in the EQS announcement.
Before the Xetra open
The Lang & Schwarz indication is EUR 0.50 below the Xetra close used as the reference. The bid is EUR 9.91 and the ask is EUR 10.08, a spread of 1.70 percent. The further course from the Xetra open at 9:00 a.m. CET/CEST is shown by the continuously updated real-time quote of Lenzing stock.
Business and scheduled financing date
Lenzing transforms wood into regenerated cellulose fibers for textile and nonwoven industries, generating revenue from those fiber products, according to its investor relations website. The next stated financing date is October 23, 2026, when settlement, delivery and trading of the new shares are expected, conditional on registration, according to the company announcement. Market context: Market report ATX.
