Segezha Group plans €980 million SPO to manage debt

The forestry holding Segezha Group plansto place an additional share issue by closed subscription at a price of €0.017 per share (the average share price on the Moscow Exchange over the past six months), the total volume of funds raised should amount to €979.7 million. These parameters were approved by the company's board of directors, Segezha reported. The Board also set a date for an extraordinary shareholders' meeting to decide on the additional issue. It will be held in absentia on December 26, 2024, with the register closing date for participation in the meeting being December ...

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