Pyrolyx AG, DE000A0MFXR8

Pyrolyx AG, DE000A0MFXR8

24.03.2017 - 13:48:57

Pyrolyx AG:Management Board announces cash capital increase with indirect preemptive rights totaling up to 1,597,238 new shares

Pyrolyx AG: Management Board announces cash capital increase with indirect preemptive rights totaling up to 1,597,238 new shares Munich, March 24, 2017. The Management Board of Pyrolyx AG today decided with the approval of the Supervisory Board today to increase the company's share capital under Authorized Capital 2017/I by up to EUR1,597,238 from currently EUR3,306,976 to up to EUR4,904,214.00 in return for cash contributions by issuing up to 1,597,238 new shares.

The new shares will be offered to shareholders of the company in return for cash contributions by way of indirect preemptive rights at a ratio of 2:1 (i.e. one new share may be bought for each two existing eligible shares). The subscription price has been set at EUR13.50 per new share. The new shares carry dividends from January 1, 2017. The subscription period will have a duration of 15 calendar days and probably run from April 5 to 19, 2017.

The new shares are to be listed on the Open Market at Frankfurt Stock Exchange, m:access at Munich Stock Exchange, and in OTC trading on the primary market at Dusseldorf Stock Exchange, and also traded on the electronic trading system Xetra.

The new shares not taken up in this way are to be offered in a private placement as well as in the form of CHESS Depository Interests (certificates representing shares) in a planned public offering in Australia and some other non-European jurisdictions. CHESS Depository Interests are to be listed on the Australian Securities Exchange.


24-March-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at

Language: English

Company: Pyrolyx AG Nymphenburger Str. 70 80335 München

Germany Phone: +49 (0)89 856 335 50 Fax: +49 (0)89 856 335 55 E-mail: Internet: ISIN: DE000A0MFXR8 WKN: A0MFXR Listed: Regulated Unofficial Market in Dusseldorf; Open Market in Frankfurt   End of Announcement DGAP News Service

558045  24-March-2017 CET/CEST


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