Green Hydrogen – Enapter AG resolves on capital measures with an issue volume of €12 million – full placement secured by institutional anchor shareholders
Enapter AG / Key word(s): Corporate Action/Miscellaneous
Enapter AG resolves on capital measures with an issue volume of €12 million – full placement secured by institutional anchor shareholders
12-Nov-2025 / 01:15 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group.
The issuer is solely responsible for the content of this announcement.
Publication of inside information pursuant to Article 17 of Regulation (EU) No. 596/2014
Enapter AG resolves on capital measures with an issue volume of €12 million – full placement secured by institutional anchor shareholders
- Transaction consists of a subordinated zero-coupon mandatory convertible bond and a cash capital increase with (indirect) subscription rights
- Funds will be used to implement the current order backlog and finance the company to achieve break-even in 2026
Hamburg, November 12, 2025 – The Management Board of Enapter AG (ISIN DE000A255G02) today resolved, with the approval of the Supervisory Board, to conduct capital measures with gross proceeds totaling €12 million.
The transaction consists of the issuance of an unsecured, subordinated zero-coupon convertible bond with mandatory conversion in the amount of € 9.6 million. The initial conversion price of the convertible bond is € 1.58 per share.
In addition, a cash capital increase from authorized capital with subscription rights for existing shareholders and an issue volume of € 2.4 million was resolved. Shareholders are granted statutory subscription rights in the form of indirect subscription rights. Approx. 1.5 million new shares will be issued at a subscription price of € 1.58 per share.
The two institutional investors, Svelland Global Trading Master Fund via Mirabella Financial Services LLP and CVI Investments, Inc., have undertaken to subscribe for the entire transaction volume of €12 million, less the proceeds from the subscription offer. Furthermore, a six-month lock-up period has been agreed with these investors for both the shares and convertible bonds they currently hold and those acquired as part of the transaction.
The expected gross proceeds of €12 million will be used to strengthen the company’s liquidity position and to implement the business plan and order backlog. Management considers this financing to be sufficient to achieve the targeted operating break-even threshold in the 2026 business year.
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Green Hydrogen – Enapter AG resolves on capital measures with an issue volume of €12 million – full placement secured by institutional anchor shareholders, source
