Pyrum Innovations plans €21m capital increase for expansion

Pyrum Innovations AG announced a capital increase of up to €21 million by issuing up to 763,764 new no-par value registered shares, raising the share capital from €3,818,818.00 to €4,582,582.00. The new shares will carry full dividend rights from January 1, 2025, and will be offered at a subscription price of €27.50 per share. Shareholders can subscribe at a ratio of 5:1, meaning five existing shares entitle the holder to one new share.

The subscription period for the new shares will run from November 26, 2025, to December 10, 2025. Unsubscribed shares will be offered to existing shareholders for oversubscription and to selected qualified investors in Germany and other European countries via a private placement.

The gross proceeds of approximately €21 million, if fully placed, will be used for investments at the Dillingen/Saar site, to strengthen the equity capital of its subsidiary GreenFactory II GmbH in Perl-Besch, Germany, for joint ventures for new plants, and to reinforce the overall equity capital base.