Pyrum Innovations AG Resolves Cash Capital Increase

The Management Board of Pyrum Innovations AG has resolved, with the approval of the Company’s Supervisory Board, a capital increase against cash contributions, with the exclusion of shareholders’ subscription rights

The share capital of Pyrum, currently EUR 3,617,372.00, divided into 3,617,372 no-par value registered shares with a nominal amount of EUR 1.00 per share, is to be increased by up to EUR 287,110.00 to a total of up to EUR 3,904,482.00 by partially utilizing the Authorized Capital 2024. The new shares will carry full dividend rights as of 1 January 2024.

M.M.Warburg & CO (AG & Co.) Kommanditgesellschaft auf Aktien, Hamburg, has been admitted to subscribe for and underwrite the new shares with the obligation to offer them to qualified investors in coordination with the Company by way of a private placement without a prospectus (Accelerated Bookbuilding). The placement price has been set at EUR 28.00 per new share. The Accelerated Bookbuilding will commence today, 9 July 2025, immediately following the publication of this ad hoc announcement.

The allocated new shares are to be included into trading on the open market (Freiverkehr) of the Frankfurt Stock Exchange in the Scale segment as well as on the Oslo Stock Exchange (Euronext Growth) once they have been created. Admission is scheduled for 22 July 2025 on both exchanges. The Company aims to raise gross proceeds of at least EUR 5 million through this transaction. The Company intends to use these proceeds to finance its new plant in Perl-Besch, the construction of additional plants, and for general corporate purposes.