Published on
June 15, 2026
OHB SE plans €500 million rights offering to increase free float
OHB SE plans ~EUR 500M rights offering to boost free float; proceeds for industrialization, M&A and launch investments.
OHB SE said it intends to raise around EUR 500 million through a capital increase and broaden its free float by offering new shares to existing shareholders via subscription rights.
As part of the planned transaction, the company said its major shareholders - the Fuchs family and Orchid Lux HoldCo S.à r.l., an entity indirectly owned by entities advised by affiliates of KKR & Co. Inc. - plan to waive their subscription rights. OHB said that would mean about 94% of the new shares are expected to be sold in a concurrent private placement, which is also expected to include existing shares from the holdings of Orchid Lux HoldCo S.à r.l.
The company said the Fuchs family does not intend to sell shares in the transaction and would remain OHB’s majority shareholder. Orchid Lux HoldCo S.à r.l. also plans to remain a shareholder in OHB and retain the majority of its current shareholdings.
OHB said the gross proceeds from the capital increase are expected to total around EUR 500 million. The company said it intends to use the net proceeds for the industrialization of its production facilities, strategic M&A opportunities, investments in launch vehicles and next-generation programs, and other applications.
The planned subscription rights offering and private placement remain subject to market conditions and further resolutions by the relevant governing bodies.
In the announcement, OHB described the release as follows: "This announcement is an advertisement for the purposes of the prospectus regulation EU 2017/1129, as amended ("Prospectus Regulation"). It does not constitute an offer to purchase any shares in OHB SE (the "Company") and does not replace the securities prospectus which will be available free of charge on the Company’s website."
The company also said: "THIS DOCUMENT IS NOT A PROSPECTUS BUT AN ADVERTISEMENT AND INVESTORS SHOULD NOT SUBSCRIBE FOR OR PURCHASE ANY SECURITIES REFERRED TO IN THIS ADVERTISEMENT EXCEPT ON THE BASIS OF THE INFORMATION CONTAINED IN THE PROSPECTUS".
