Elia Group launches a rights offering of a maximum of 21,814,521 new shares, amounting to a maximum €1.35 billion

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Elia Group SA (the “Company”, “Group” or “Elia Group”) has announced today the launch of a public offering to existing shareholders and any holders of an extra-legal preferential right (the “Preferential Right”) (the “Rights Offering”) of maximum €1,349,882,559.48, through the issuance of maximum 21,814,521 new ordinary shares at an issue price of €61.88 per share (the “New Shares”). Existing shareholders will be granted one Preferential Right per existing share in the Company held at that time. The holders of Preferential Rights are entitled to subscribe to the New Shares in the ratio of 1 New Share for 4 Preferential Rights (the “Ratio”). Preferential Rights that are not exercised during the rights subscription period (the “Rights Subscription Period”) will be converted into an equal number of scrips (the “Scrips”) and will be offered up for sale through a private placement to institutional investors (the “Scrips Private Placement” and together with the Rights Offering, the “Offering”).