Elmos Semiconductor SE Increases Free Float After Successful Share Placement

Elmos Semiconductor SE announced the successful placement of 1.86 million existing shares by its two anchor shareholders, Weyer Beteiligungsgesellschaft mbH and ZOE-VVG GmbH. This transaction, executed through accelerated bookbuilding, increases the company's free float to approximately 56%. The shares were sold to institutional investors at a price of 176.00 Euro per share, representing roughly 10.5% of the share capital.

The placement aims to bolster Elmos's potential inclusion in the MDAX, strengthening its shareholder base while maintaining a stable ownership structure. The three anchor shareholders retain control over around 44% of the share capital, which will slightly adjust to 45% after the planned cancellation of 540,000 treasury shares.

Berenberg served as the Sole Global Coordinator and Sole Bookrunner for the placement. Despite the placement, Elmos will not receive proceeds from the transaction. The company emphasizes the strong demand and investor confidence in its equity.