OHB Completes Capital Increase After Successful Subscription Offer

OHB, a leading independent space company in Europe, has announced the successful completion of its capital increase through a rights issue. The company issued 1,702,480 new shares, utilizing the Authorized Capital 2025, after its major shareholders waived their subscription rights. A private placement sold 94.30% of these new shares and additional existing shares held by Orchid Lux HoldCo S.à r.l. to qualified international investors, at a price of EUR 300 per share.

The remaining shareholders were offered 97,092 new shares at the same price, with 7,635 subscription rights exercised. Upon registration, OHB's share capital will increase to EUR 20,827,928, divided into the same number of shares. The gross proceeds from both tranches are expected to be approximately EUR 484 million.