REPLOID Group AG Welcomes Pierer Industrie AG as New Shareholder

REPLOID Group AG has announced a capital increase in kind, allowing Pierer Industrie AG to acquire a 0.76% stake in the company. This strategic move comes as REPLOID expands its operations across Europe and aims to preserve liquidity for growth investments.

As part of the transaction, Pierer Industrie AG will cover the rent for REPLOID's new headquarters in Wels, Austria, for 36 months, paid in shares. This agreement is part of a larger strategy to support REPLOID's growth without affecting its financial stability.

Stefan Pierer, owner of Pierer Industrie AG, expressed satisfaction in joining a promising company in the circular economy and biotechnology fields. REPLOID's CEO, Philip Pauer, highlighted the benefit of securing ideal premises without impacting liquidity.

The capital increase awaits approval from REPLOID's Supervisory Board, with no subscription rights for existing shareholders.