Lenzing Insiders Join EUR 301.2 Million Cash Call as Syndicate Keeps 52.25% Grip
Published on 11/02/2026 at 10:10 | Editorial boerse-global.de
Lenzing's post-rights-issue shareholder register has come into focus, with the company confirming that the B&C Group and Suzano S.A. syndicate still controls roughly 52.25% of voting rights following a capital increase that closed about two weeks ago.
The update, released on Thursday, also disclosed that Suzano Holding S.A. picked up a direct stake of around 0.80% of Lenzing shares in connection with the raise — a holding the company lists alongside the syndicate's block. Goldman Sachs Group accounts for 5.86%.
Board members take up their rights
Two members of the management board took part in the subscription. Georg Kasperkovitz acquired 16,362 shares on 23 October at EUR 8.65 apiece, while Christian Skilich bought 1,710 shares the same day at the identical price.
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The capital increase generated gross proceeds of EUR 301.2 million. Subscriptions through rights reached 34,411,626 new shares, equal to 99.0% of the offer. Within that total, the B&C and Suzano syndicate — the two partners that continue to hold a joint majority of voting rights — took up 18,159,291 new shares.
Share capital nearly doubles
Registration in the commercial register gave the measure legal effect roughly two weeks ago, lifting share capital from EUR 40,107,738.37 to EUR 76,204,702.90. Total voting rights now stand at 73,374,542, according to the mandatory notification published on Friday.
Trading has been choppy around the news. The stock added 2.2% to EUR 11.04 in one session, then gave back 2.5% on Friday to close at EUR 10.80.
Lenzing has flagged 5 November as its next scheduled release, when it will report third-quarter 2026 results.
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