ElvalHalcor begins €250 million capital increase, public offer July 14‑16

ElvalHalcor announced a combined capital increase of up to 75 million new ordinary shares, aiming to raise roughly €250 million in gross proceeds. The offer runs from 14 July to 16 July 2026, with a maximum issue price of €4.86 per share.

Twenty percent of the new shares will be allocated to investors participating in the Greek public offering, while the remaining 80 % will be placed privately with qualified institutional investors abroad. Goldman Sachs Bank Europe SE and UBS Europe SE act as joint global coordinators and book‑runners for the private placement, alongside Eurobank, AXIA Ventures, National Bank of Greece and Piraeus Bank as co‑managers. Eurobank also serves as the issuing adviser for the public portion.

Viohalco S.A., the majority shareholder, indicated it will not exercise its priority allocation rights. Net proceeds are earmarked for financing the company’s 2026‑2030 business plan and other investment priorities.