Elmos Semiconductor SE Shareholders Plan Accelerated Stock Placement

Elmos Semiconductor SE announced that two principal shareholders, Weyer Beteiligungsgesellschaft mbH and ZOE-VVG GmbH, plan to sell approximately 1.77 million shares. This sale represents around 10% of the company's current share capital. The transaction will not generate proceeds for Elmos itself but is set to increase the publicly traded share portion, aligning with its capital strategy.

The distribution will occur through an Accelerated Bookbuild Offering targeted at institutional investors. This method allows a rapid market response and could close promptly. A lock-up period of 180 days has been agreed upon with customary exceptions, restricting the shareholders from selling additional shares for that duration.

The sale does not involve U.S. markets and adheres to existing European securities regulations. No public offering is aimed at the U.S., Canada, Australia, or Japan, adhering to jurisdictional restrictions.