Electrolux Secures SEK 9 Billion in Oversubscribed Rights Issue
Electrolux Group has successfully closed its rights issue, drawing demand that reached approximately 137.6 percent of the shares offered. The strong response from shareholders ensures the appliance manufacturer will raise roughly SEK 9,062 million in gross proceeds, rendering previously established underwriting commitments unnecessary for the capital injection.
The preliminary results indicate that 530,010,351 shares were claimed through the exercise of subscription rights, accounting for 98 percent of the total offering. An additional 214,586,937 shares were requested through applications without subscription rights. This robust participation effectively covers the entire capital raise, meaning the group will not need to tap into its existing underwriting agreements.
The issuance will increase the company’s share capital by SEK 2,951,906,720, resulting in the creation of 540,992,636 new shares. Once finalized, the total number of shares in AB Electrolux will rise to 824,070,029. Investors who applied for shares without subscription rights will receive notification of their allotment around June 23, 2026, with instructions for payment following shortly thereafter.
Final figures are slated for release on June 22, 2026. The new shares are expected to begin trading on Nasdaq Stockholm on July 1, 2026, following registration with the Swedish Companies Registration Office. Morgan Stanley and SEB served as joint global coordinators for the transaction, while Deutsche Bank acted as co-bookrunner.
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