Lecta and key stakeholders of the Group have executed a lock-up agreement, pursuant to which those parties agree to support the implementation of a comprehensive recapitalization transaction. With the support of key stakeholders, Lecta has the necessary support required to facilitate the implementation of the recapitalization.

The move marks an important step in the Group’s efforts to achieve the proposed recapitalization. This will result in, among other things:

Following the execution of the lock-up agreement, the Group will now have access to roughly €20 million interim liquidity. The funds will be made available by its Key Stakeholders as “interim financing.” The financing will further enhance the Group’s liquidity position through the implementation of the recapitalization. This is expected to close during Q1 2026.

Lecta reaction

Lecta chairman Javier Abad Marturet states, “We are grateful for the continued support of our key stakeholders and their strong commitment to Lecta. This milestone represents an important step toward securing a sustainable, long-term solution for the Group. We look forward to working closely with our stakeholders to support execution of the Group’s strategy and unlock its full potential.”

Lecta CEO Gilles Van Nieuwenhuyzen adds, “We are very pleased that Lecta now has the support from its key financial stakeholders to move toward implementation of the recapitalization. The significantly de-levered capital structure and new liquidity will provide Lecta with a stable financial footing to facilitate the Group’s ongoing transformation process and enable the management team to focus on delivering best-in-class paper products to our customers and cost competitiveness.”