on Pyrum Innovations AG (isin : DE000A2G8ZX8)
Pyrum Innovations AG Announces EUR 21 Million Capital Increase
Pyrum Innovations AG has resolved a capital increase with subscription rights of up to EUR 21 million. The decision, approved by the Supervisory Board, will see up to 763,764 new shares offered at EUR 27.50 each, with a subscription ratio of 5:1. This move aims to fund growth and innovation, providing shareholders an opportunity to partake in the company's future successes.
The company is also exploring a potential rump placement for unsubscribed shares targeting institutional investors in Europe. CEO Pascal Klein highlighted plans to modernize the Dillingen plant and expand operations in Greece. The project in Greece, backed by the European Innovation Fund, is set to process 45,000 tonnes of tyres annually.
The subscription period starts on November 26, 2025, and ends on December 10, 2025. Further details will be published in the German Federal Gazette and on Pyrum's website.
R. E.
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