LUCIBEL Launches a Capital Increase of EUR 2.15 M

Lucibel, French specialist in LED technology, announced the start of a capital increase of 2.15 million euros, guaranteeing the maintenance of preferential subscription rights for its shareholders. This operation aims to reduce the group's debt and finance its expansion in the Cosmetic Lighting and Scenographic Lighting segments. Subscription to the new shares, at a price of €0.43 each, is planned between May 3 and 17, 2024.

To date, Lucibel has recorded subscription commitments amounting to 1.6 million euros, representing 74.38% of the planned capital increase. The funds raised will mainly make it possible to reduce debt which has been significantly reduced since the second part of 2022, to finance the cosmetics product development strategy and to establish itself in new geographic markets such as the Middle East and the United States. United.