TINC Completes Successful Capital Increase

TINC NV has announced the completion of its recent capital increase, raising EUR 113.2 million on Euronext Brussels. This marks the company's fourth capital raising since its IPO in 2015, totaling approximately EUR 500 million. The capital increase involved a public offering, allowing both existing shareholders and new investors to subscribe for a maximum of 12,121,212 new shares at EUR 9.34 per share.

During the rights subscription period, 75.56% of the new shares were subscribed through the exercise of non-statutory preferential rights. The remaining 24.44% was placed through a private placement of scrips. Infravest BV, TINC's principal shareholder, subscribed for 4,204,891 new shares. New shares are expected to begin trading on 20 June 2025.