Pyrum Innovations AG secures €13m capital for expansion

Pyrum Innovations AG has successfully completed a cash capital increase with subscription rights, securing approximately €13 million. The company placed 473,846 new shares at €27.50 each, with most shares taken up by existing shareholders. The remaining shares were placed with qualified investors in Germany and other European countries.

The net proceeds, estimated at €12.8 million, will be strategically invested in modernizing the Dillingen/Saar site, strengthening the equity capital of its subsidiary GreenFactory II GmbH for the Perl-Besch plant, investing in joint ventures for new plants, and reinforcing the overall equity base.

This capital increase will see Pyrum Innovations AG's share capital rise from €3,818,818.00 to €4,292,664.00. The new shares will carry full dividend rights from January 1, 2025, and will be listed on both the Frankfurt Stock Exchange's Scale segment and the Oslo Stock Exchange (Euronext Growth) from December 23, 2025.