Press release
of Pyrum Innovations AG
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Pyrum Innovations AG resolves capital increase with subscription rights of up to
EUR 21 million
o Up to 763,764 new shares to be placed at EUR 27.50 per new share
o Subscription ratio of 5:1
o Investments in growth and innovation
Dillingen / Saar, 25 November 2025 - The Management Board of Pyrum Innovations
AG ("Pyrum", the "company", ISIN: DE000A2G8ZX8) today, with the approval of the
Company's Supervisory Board, resolved to increase the share capital against cash
contributions by partially utilizing the Authorized Capital 2025.
Pyrum Innovations AG is setting another milestone for sustainable growth and
innovation with its rights issue: with a capital increase with subscription
rights of up to EUR 21 million, the company is laying the foundation for the
next development stage. Up to 763,764 new registered shares will be offered at a
subscription price of EUR 27.50 per share. The subscription ratio is 5:1, giving
existing shareholders the opportunity to participate directly in Pyrum's future
success.
Parallel to the capital increase with subscription rights, the company is also
launching a potential rump placement today, offering potentially unsubscribed
shares to institutional investors in Germany and other European countries.
Pascal Klein, CEO of Pyrum Innovations AG: "The capital increase resolved today
is a decisive step for the future development of our company. With Pyrum's next
plant in Perl-Besch, long-term purchase agreements, and a full project pipeline,
we have an extremely promising basis for consistently expanding our business. At
the same time, we want to modernise our existing plant in Dillingen, rapidly
advance projects such as those in Greece and at other European locations, and
expand our activities in the area of research and development. A successful
capital measure creates the basis for us to be fully financed until break-even
in view of the current project pipeline and gives us the necessary leeway to
successfully develop the company further and thus significantly increase its
value."
Among other things, Pyrum plans to replace the now ten-year-old TAD 1 reactor at
its Dillingen/Saar site with a new, latest-generation reactor, such as those
used in the TAD 2 and 3 plant expansion. This measure will give the company
additional sales potential and accelerate its path to profitability. In
addition, financing for the project in Greece has already been fully secured
with the investment commitment from the European Innovation Fund. Pyrum intends
to acquire a stake of approximately 10% in the project company's equity. The
plant is expected to have a capacity of around 45,000 tonnes of end-of-life
tyres per year, making it one of the largest Pyrum plants to date. In addition,
Pyrum has succeeded for the first time in 2023 in recycling carbon fiber
reinforced plastics (CFRP) in their entirety. The recycling of carbon fiber
reinforced plastics, as used in lightweight automotive construction and wind
turbines, offers enormous potential, which is why Pyrum plans to intensify its
R&D activities in this area.
As part of the rights issue, the new shares will be offered to the company's
shareholders publicly by way of an indirect subscription right at a ratio of
5:1, i.e., five existing shares entitle the holder to subscribe for one new
share. The subscription right for fractional amounts resulting from the
subscription ratio is excluded. The period for subscribing to the new shares
begins on 26 November 2025, and ends on 10 December 2025, at midnight. There are
no plans to trade subscription rights. The ex-date is 26 November 2025, and the
record date is 27 November 2025.
Further details on the capital increase are expected to be published in the
German Federal Gazette ("Bundesanzeiger") and on the Pyrum website at
http://www.pyrum.net/en/investors/ from 26 November 2025.
About Pyrum Innovations AG
Pyrum Innovations AG has revolutionised the recycling market for end-of-life
tyres. Since 2008, the company has been developing an innovative thermolysis
technology that enables end-of-life tyres and plastics to be recycled with
virtually no emissions. The process can recover high-quality products such as
thermolysis oil and rCB (recovered Carbon Black), which are used by renowned
partners such as BASF, Continental and Schwalbe to manufacture new products. In
this way, the company closes the material cycle and pursues a sustainable
business model in line with climate targets. Since 2020, the first plant at the
company's headquarters in Dillingen/Saar has been in continuous operation, and
two further plants have been added as part of the site expansion in 2024.
Prestigious certifications such as REACH and ISCC Plus prove the quality and
sustainability of the products.
https://www.pyrum.net/en/
Contact
IR.on AG
Frederic Hilke
Phone: +49 221 9140 970
Email: pyrum@ir-on.com
Pyrum Innovations AG
Dieselstraße 8
66763 Dillingen / Saar
Email: presse@pyrum.net
Important information
This publication does not constitute an offer to sell or a solicitation to buy
or subscribe for securities in any jurisdiction.
This publication may not be published, distributed or transmitted, directly or
indirectly, in or into the United States of America (including its territories
and possessions, each state of the United States and the District of Columbia,
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This publication does not constitute or form part of any offer or invitation to
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Certain statements contained in this publication may constitute "forward-looking
statements." These forward-looking statements are based on the current views,
expectations, assumptions, and information of the management board of Pyrum
Innovations AG. Forward-looking statements do not guarantee future results and
developments and are subject to known and unknown risks and uncertainties. Due
to various factors, actual future results, developments, and events may differ
materially from those described in these statements. Neither Pyrum Innovations
AG nor any other person assumes any responsibility whatsoever for the accuracy
of the views expressed in this publication or the underlying assumptions. Pyrum
Innovations AG assumes no obligation to update the forward-looking statements
contained herein. Furthermore, it should be noted that all forward-looking
statements are valid only at the time of this publication and that Pyrum
Innovations AG assumes no obligation, unless required by law, to update
forward-looking statements or to adjust such statements to actual events or
developments.