Press release
of Pyrum Innovations AG
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Pyrum Innovations AG secures around EUR 13 million from successful capital
increase with subscription rights
o Placement of 473,846 new shares at EUR 27.50 each
o Company's share capital increases to EUR 4,292,664.00
o Proceeds will be uses for partner projects, modernization at the
Dillingen/Saar site, and strenghtening the equity base
Dillingen / Saar, 12 December 2025 - Pyrum Innovations AG (ISIN DE000A2G8ZX8,
WKN A2G8ZX) has successfully completed the cash capital increase with
subscription rights announced at the end of November, placing a total of 473,846
new shares at a placement price of EUR 27.50 per share. Of these, 451,846 shares
were attributable to the exercise of subscription rights by existing
shareholders, including oversubscription. The remaining shares were successfully
placed with selected qualified investors in Germany and other European countries
as part of a private placement.
Pascal Klein, CEO of Pyrum Innovations AG: "We would like to thank our existing
shareholders and new investors for their trust. The successful capital increase
sends a strong signal: it confirms not only the importance of our business model
for the European circular economy, but also the innovative and investment
strength of Germany as a technology location. With the fresh funds, we can also
consistently advance our research into the recycling of complex waste materials
such as CFRP, which is used in wind turbines, among other things, and secure
important participations in strategic joint venture projects. We are looking
ahead to the coming years with confidence and will continue to do everything in
our power to increase the value of our company in the long term."
The Company intends to use the net proceeds of approximately EUR 12.8 million
for investments at its site in Dillingen/Saar, to strengthen the equity capital
of its subsidiary GreenFactory II GmbH, which is currently building and
operating the additional plant in Perl-Besch, Germany, for investments in joint
ventures for new plants of the Company, and to strengthen its equity capital
base.
The company's share capital will thus increase from EUR 3,818,818.00 to EUR
4,292,664.00 upon entry of the capital increase in the commercial register
through the issue of 473,846 new shares with a notional value of EUR 1.00 per
share. The new shares will carry full dividend rights from 1 January 2025.
The new shares have the same ISIN (DE000A2G8ZX8) as the existing shares and are
to be included in the existing listing on both the Frankfurt Stock Exchange's
Scale segment and the Oslo Stock Exchange (Euronext Growth). Inclusion is
scheduled for 23 December 2025 in each case.
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,
"United States"), Canada, Australia, Japan or any other jurisdiction in which
the publication, distribution or transmission would be unlawful.
This publication does not constitute or form part of any offer or invitation to
purchase or subscribe for securities in the United States, Australia, Canada or
Japan or in any jurisdiction in which such an offer or invitation would be
unlawful.
The securities have not been and will not be registered under the U.S.
Securities Act of 1933, as amended (the "Securities Act"), or registered with
the securities regulatory authorities of any state or other jurisdiction of the
United States. They may not be offered, sold, exercised, pledged, transferred,
or delivered, directly or indirectly, at any time in or within the United
States, Canada, Japan, or Australia, except pursuant to an exemption from the
registration requirements of the Securities Act or in a transaction not subject
to the registration requirements of the Securities Act and the securities laws
of the respective individual states of the United States, as well as Canada,
Japan, and Australia.
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.