Brief: Ferrexpo Plans Equity Capital Raise To Raise Minimum $100 Mln

Ferrexpo

22/04/2026 07:27

April 22 (Reuters) - Ferrexpo PLC FXPO.L:

UPDATE ON FUNDING OPTIONS

PLANS EQUITY CAPITAL RAISE TO RAISE MINIMUM $100 MILLION

EXPECTS EQUITY RAISE TO COMPLETE ON OR BEFORE 30 APRIL 2026

HAS SUFFICIENT NET ACCESSIBLE CASH UNTIL END OF AUGUST 2026

ENGAGEMENT ONGOING WITH FEVAMOTINICO OVER SUPPORT FOR RESOLUTIONS AT GENERAL MEETING

OPERATING AT A LOSS WITH NO TIMEFRAME FOR FULL RESUMPTION OF OPERATIONS

IF BOOKBUILD NOT COMPLETED BY 30 APRIL, SHARES TO BE SUSPENDED FROM 1 MAY UNTIL AUDIT COMPLETED, 2025 ACCOUNTS PUBLISHED

 ((Reuters.Briefs@thomsonreuters.com;;))