Pyrum Innovations AG Raises EUR 13 Million Through Capital Increase

Pyrum Innovations AG has successfully secured approximately EUR 13 million from a capital increase with subscription rights. This initiative culminated in the issuance of 473,846 new shares, each priced at EUR 27.50, raising the company's share capital to EUR 4,292,664.00. The majority of shares, totaling 451,846, were taken up by existing shareholders exercising their subscription rights, including oversubscriptions; the balance was placed through private placement with selected investors across Germany and Europe.

Funds from this capital increase are earmarked for site investments at Dillingen/Saar, strengthening the equity of its subsidiary, and advancing joint venture investments. The capital boost aligns with Pyrum’s strategy to further research complex waste recycling, reinforcing their role in the European circular economy.