DGAP-News: Pyrolyx AG / Key word(s): Capital Increase Pyrolyx AG: Capital increase without subscription rights 16.08.2016 / 08:00 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Pyrolyx AG: Capital increase without subscription rights through the issue of up to 45,455 new shares Munich, August 16, 2016 Acting with the approval of the Supervisory Board, the Management Board of Pyrolyx AG has announced its decision to carry out a capital increase. Based on the resolution passed by the AGM on October 15, 2015, the Management Board of Pyrolyx AG is authorized to increase the company's share capital on one or more occasions by October 14, 2020 with the approval of the Supervisory Board by a total of up to EUR1,403,102 by issuing up to 1,403,102 new no-par-value bearer shares in exchange for cash or contributions in kind. The Management Board availed itself of this authorization on August 15, 2016 with the Supervisory Board's approval and passed the following resolution: The share capital of Pyrolyx AG is to be increased against cash contributions by up to EUR45,455.00 from EUR2,918,083.00 to up to EUR2,963,538.00 through the issue of up to 45,455 (in words: fourtyfivethousand fourhundredfiftyfive) new no-par-value bearer shares (the "New Shares") each with a notional value of EUR1.00 in the share capital. This equates to an increase in the existing share capital of up to 1,56%. The issue price has been set at EUR11.00 per New Share. The New Shares will carry dividend rights from January 1, 2015. The subscription rights of shareholders of Pyrolyx AG are excluded. Pyrolyx AG The Pyrolyx Group 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. The Pyrolyx Group'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. Compared to the conventional production of carbon black, the Pyrolyx method enables CO2 emissions to be reduced by up to 2.5 tonnes per tonne of rCB. Pyrolyx AG's manufacturing operations for the tire industry take place within a closed recycling loop. Byproducts arising during production are reused either as fuel in the manufacturing process or to make other products, ensuring that nothing goes to waste. Since the Pyrolyx Group is the only company in the world to offer both continuous and batch production, it can serve all addressable carbon black markets. Production in Stegelitz is ISO 9001:2008 and ISO 14001:2004 certified. Pyrolyx AG owns all the intellectual property rights to Pyrolyx environmental technology and has various patents concerning the industrial production of carbon black. Pyrolyx AG is listed on the Düsseldorf Stock Exchange (WKN A0MFXR). For more information, please visit www.pyrolyx.com/www.carbon-clean- tech.com. Contact: Rolf-Hendrik Arens Pyrolyx AG arens@pyrolyx.com www.pyrolyx.com --------------------------------------------------------------------------- 16.08.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- 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: info@pyrolyx.de Internet: www.pyrolyx.com ISIN: DE000A0MFXR8 WKN: A0MFXR Listed: Regulated Unofficial Market in Dusseldorf; Open Market in Frankfurt End of News DGAP News Service --------------------------------------------------------------------------- 492921 16.08.2016
DGAP-News: Pyrolyx AG: Capital increase without
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