CHAPTERS Group AG Secures €52 Million Funding Commitment via Backstop Agreement

CHAPTERS Group AG has confirmed entering a binding Backstop Agreement with a group of leading family offices, securing a funding commitment amounting to EUR 52 million. This strategic financial move is aimed at supporting the company's planned capital increase, involving a rights issue anticipated to raise between EUR 60 million and EUR 80 million later this year. The agreement ensures the placement of any unsubscribed new shares at an issue price of EUR 24.70 per share.

The detailed terms and the exact scope of the forthcoming capital increase will be determined in the coming months. This initiative demonstrates CHAPTERS Group AG's proactive approach in securing necessary funding to potentially enhance its financial flexibility and strengthen its market position.