RE: Confused4 Dec 2020 17:46
They will look at the share price, and based on how much they need to raise they will decide how many new shares to issue and at what price.
I saw ~€1 mentioned but I think this is speculative.
Each current share holder will be offered x new shares at the discount price.
You can then work out what holding you'll have if you take up the offer, ie. Your current holding plus x shares at the new price.
The discounted sale and dilution will put downward pressure on the sp, which will settle somewhere between the current price and the ri price.
There will also be volatility in the sp as the real impact of the RI is established on the business.