Ezentis Raises €7.94M for Growth and Acquisitions

Grupo Ezentis, a prominent Spanish player in infrastructure services and communications networks, has successfully authorized a capital enhancement totaling approximately €7.94 million. This strategic financial maneuver is designed to bolster the company's financial standing and fuel its ambitious expansion agenda. Alantra Equities has been appointed as the exclusive global coordinator for this significant operation.

The capital infusion will materialize through the issuance of up to 122.7 million new ordinary shares. Existing shareholders will benefit from preferential subscription rights, with each new share priced at €0.0647, encompassing its nominal value and a share premium. This subscription price represents a discount of 20% relative to the one-month volume-weighted average price observed as of March 30, 2026, which stood at €0.0809.

A strong vote of confidence comes from major shareholder José Elías Navarro, acting through his holding entity Eléctrica Nuriel, S.L.U. Navarro has pledged to subscribe to a substantial portion of the capital increase, ranging from 25.443% (thereby maintaining his current voting rights percentage) up to approximately 52%. This commitment underscores robust backing for Ezentis's strategic direction and future objectives.

Proceeds from this capital raise are earmarked for both organic development and strategic acquisitions, aligning with Ezentis's updated 2025-2028 Strategic Plan. The company intends to accelerate identified merger and acquisition opportunities, alongside organic growth initiatives throughout 2026. The focus will be on expanding its footprint within Spain and targeting select international markets, capitalizing on the increasing demand for digital infrastructure and telecommunications services.

Ezentis operates across three core business segments: integral installation and maintenance services, communications network deployment and management, and technology solutions and digital services. This diversified portfolio positions the company advantageously within critical infrastructure, telecommunications, and the rapidly evolving digital transformation sectors. The telecommunications infrastructure market in Europe is projected for steady growth, driven by 5G deployment and increasing data consumption, creating a favorable environment for companies like Ezentis.

The subscription period for existing shareholders is slated to commence on April 10, 2026, following official publication. The anticipated listing of the newly issued shares on Madrid's continuous auction market is scheduled for May 8, 2026, facilitating swift integration of the enhanced capital into the company's market presence. The transaction also involved J&A Garrigues, S.L.P. as legal advisor and Renta 4 serving as the agent bank.