Elumeo SE Announces Capital Increase with 250,000 New Shares

Elumeo SE, a leading European company in direct electronic sales of gemstone jewelry, has announced a capital increase of 250,000 shares priced at EUR 2 each. This move, resolved by the Executive Board in Berlin on 25 October 2024, aims to raise the company's share capital from EUR 5,677,420 to EUR 5,927,420. Issued from authorized capital, these new shares will be subscribed by a strategic investor.

The adjustment excludes shareholders' subscription rights, with new shares available with dividend rights from 1 January 2024. This capital increase bolsters Elumeo SE's equity ratio, aligning with their strategic financial goals.

Shares are listed on the Frankfurt Stock Exchange under ticker symbol ELB. The new shares are prohibited from U.S. distribution due to regulation under the U.S. Securities Act of 1933.