Issue proceeds will be used for the construction of the new Pyrum site in Perl-Besch, participation in joint ventures for new plants and general corporate purposes
Pyrum Innovations AG successfully placed a capital increase against cash contributions on the market, excluding shareholders’ subscription rights. A total of 363,637 new shares were issued at a placement price of EUR 27.50 per new share, resulting in gross issue proceeds of approximately EUR 10.0 million for the Company.
Pascal Klein, CEO of Pyrum Innovations AG said; “We would like to thank the investors involv...
