Lamor Plans at Least €5M Directed Share Issue, Seeks Covenant Waivers
Lamor plans the issue to meet financing conditions and bolster liquidity, targeting an approximately 10% discount with about 7.0 million shares illustratively. It is negotiating waivers for covenants due 31 December 2026 and plans to reset 2027 covenants later.
Lamor intends to raise at least €5M through a directed share issue to satisfy financing conditions and strengthen liquidity. The issue is expected to be priced at a ~10% discount, with ~7.0M shares indicated illustratively. The company is negotiating waivers for covenants due on 31 Dec 2026 and plans to reset the 2027 covenants later.