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WHERE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS APPLY.
PLEASE REFER TO THE IMPORTANT NOTICES AT THE END OF THIS RELEASE.
Disclosure of an inside information pursuant to Article 17 of Regulation (EU)
No. 596/2014
Pyrum Innovations AG resolves capital increase with subscription rights against
cash contributions from authorized capital in the amount of up to EUR 21 million
Dillingen/Saar, 25 November 2025 - The Management Board of Pyrum Innovations AG
(ISIN DE000A2G8ZX8, WKN A2G8ZX) ("Company") today resolved, with the approval of
the Company's Supervisory Board, to increase the share capital with subscription
rights against cash contributions by partially utilizing the Authorized Capital
2025.
The Company's share capital is to be increased from the current EUR 3,818,818.00
at the time of the resolution by up to EUR 763,764.00 to up to EUR 4,582,582.00
by issuing up to 763,764 new no-par value registered shares, each with a nominal
amount of the Company's share capital of EUR 1.00 per no-par value registered
share ("New Shares") and with full dividend rights from 1 January 2025. The New
Shares will be issued at a minimum issue price of EUR 1.00 per New Share. The
subscription price per New Share is EUR 27.50 ("Subscription Price").
The New Shares will be offered to the shareholders of the Company publicly by
way of an indirect subscription right at a ratio of 5:1 by Baader Bank
Aktiengesellschaft, Unterschleißheim, Germany, ("Baader Bank"), 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 subscription period for the New Shares begins on 26 November 2025, and ends
on 10 December 2025 at midnight (12:00 p.m. CET). There are no plans for
subscription rights trading.
New Shares not subscribed for in the context of the subscription offer will also
be offered to the shareholders of the Company entitled to subscribe at the
Subscription Price for oversubscription. Unexercised subscription rights will
expire without value. In addition, the Company will offer New Shares not
subscribed for in the context of the subscription offer to selected qualified
investors in Germany and other European countries at the Subscription Price by
way of a private placement. The allocation will be decided by the Management
Board at its discretion, in accordance with the principle of equal treatment
under stock corporation law.
If the public offering is fully placed, the Company will receive gross proceeds
of approximately EUR 21 million, less the issuance costs to be borne by the
Company. The Company intends to use the net proceeds from the issue 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.
Further details of the capital increase can be found in the subscription offer,
which is expected to be published on 26 November 2025, in the Federal Gazette
("Bundesanzeiger) and on the Company's website at
https://www.pyrum.net/en/investors/. The subscription offer will be made without
a securities prospectus. The Company will publish an information document
containing the information specified in Annex IX of Regulation (EU) 2017/1129 on
the above-mentioned website.
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.
End of Insider Information