Lucibel raises EUR 1.95 million through capital increase

Lucibel, a specialist in lighting technologies, has completed a capital increase with preferential subscription rights maintained. This operation made it possible to raise 1.95 million euros, or 90.66% of the initial offer.

The capital increase was carried out by the issue of 4,534,667 new shares at €0.43 each. Settlement-delivery and listing of the new shares will begin on May 24, 2024 on Euronext Growth in Paris.

These funds will allow Lucibel to strengthen its financial structure, extend its debt reduction trajectory and finance its expansion in the cosmetic and scenographic lighting sectors. The company notably plans geographical expansion in the Middle East and the United States, as well as financing working capital requirements for projects in the luxury and art sectors.