Lamor Plans Directed Share Issue Under Wider Debt Reorganization

12:18 PM EDT, 10/23/2026 (MT Newswires) -- Lamor (LAMOR.HE) plans a directed share issue to raise at least 5 million euros, which is a condition of the new senior financing arrangements it signed as part of a wider debt financing reorganization. The Finnish environmental services company's board will propose to shareholders at a planned extraordinary general meeting the issuance of up to 10 million shares, a number meant to give flexibility if market conditions change, according to a Friday release. The subscription price and other terms and conditions will be determined later. Lamor is also negotiating certain financial covenant waivers with relevant financing providers and aims to obtain the necessary waivers by the end of October.