Vossloh AG Finalizes Successful New Share Placement

Vossloh Aktiengesellschaft has completed the placement of new shares as part of a capital increase. On November 12, 2024, the company announced the placement of 1,756,417 new shares at €41.0 per share, generating approximately €72 million before commissions and expenses. These new shares are eligible for dividends starting January 1, 2024.

The funds from this share placement will partially finance the acquisition of Sateba Group. The major shareholder, KB Holding GmbH, participated in the capital increase, maintaining its 50.09% stake in the company.

These new shares are set to be traded on the Frankfurt and Dusseldorf Stock Exchanges starting November 15, 2024, with trading in existing listings and share delivery scheduled for November 18, 2024. Vossloh is committed to a six-month lock-up period post-placement.