Corporate news

July 11th, 2017

Pyrolyx AG: Firm Underwriting Agreement signed for 1,599,396 new Pyrolyx shares

Munich, 11th July 2017

As a part of the implementation of the public offer in Australia and in some other non-European jurisdictions, Pyrolyx AG today signed a firm underwriting agreement subject to normal standard market conditions with Moelis Australia Advisory Pty. Ltd (Sydney Australia) for 1,599,396 new shares totaling approx. EUR 23.5 million pre-transaction fees.

About Pyrolyx AG

Pyrolyx AG is the world leader in the extraction of rCB (recovered carbon black) from end-of-life tires. Conditioned rCB is used to manufacture new tires as well as in the plastic and technical rubber industries. Pyrolyx AG’s eco-friendly technology provides an answer to the problem of how to dispose of and recycle the world’s growing volume of disused tires.

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Press officer:
Rolf-Hendrik Arens
VP Communications
Pyrolyx AG – Munich
Email: arens(at)pyrolyx.com
Mobile: +49 (0) 151 70 10 10 70
Office: +49 (0) 89 856 335 – 0