The Management Board of Pyrolyx AG decided today - subject to the approval of the Supervisory Board - to increase the company's share capital of EUR 3,015,176.00 by up to EUR 291,800.00 by issuing up to 291,800 new no-par-value bearer shares to the exclusion of existing shareholders' subscription rights.
The new shares will carry dividend rights from January 1, 2016. The issue price of the new shares was set at EUR 11.00 per new share.
Pyrolyx AG intends to use the net proceeds from this capital increase primarily for further business expansion.

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