The Austrian clothing provider Wolford AG announced the result of its capital increase that started in mid -May on Monday.
As part of the reference period, which ended on June 5, around 5.2 million new shares were assigned, the company belonging to the Chinese fashion group Lanvin Group said in an ad hoc announcement. Around 99.9 percent of this went to FFG Wisdom (Luxembourg) S.à RL, a subsidiary of the Lanvin Group. The application for registration of the implementation of the capital increase will now be brought “on or around June 11, 2025 at the Feldkirch Regional Court (commercial register),” said Wolford.
The capital increase was significantly lower than the company originally hoped for. At the beginning of the trial in May, Wolford announced that he would like to spend new shareholders up to 8,535,453 at a unit price of 4.80 euros to its existing shareholders.