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Pryme B.V. ( (DE:8XG0) ) has shared an announcement.
Pryme N.V. announced that today is the final day of the subscription period in its subsequent offering of up to 2,450,822 new shares at NOK 4.00 per share, with subscription rights expiring at 16:30 CET if not exercised. The offering, for which DNB Issuer Services is acting as receiving and settlement agent, is a step in Pryme’s broader financing efforts to support the scale-up of its plastic-waste-to-pyrolysis-oil operations, underscoring the company’s push to strengthen its capital base as it ramps up its first Rotterdam plant and positions itself within the emerging circular plastics and low-carbon recycling market.
More about Pryme B.V.
Pryme N.V. is a cleantech company that converts plastic waste into pyrolysis oil through industrial-scale chemical recycling. The Rotterdam-based firm has initiated production at its first plant in the Port of Rotterdam, with an expected intake capacity of about 26,000 tonnes of plastic waste per year, and aims to expand via a portfolio of owned-operated plants developed with strategic partners; its shares are listed on Euronext Growth Oslo.
Average Trading Volume: 4,378
Current Market Cap: NOK188.2M
For a thorough assessment of 8XG0 stock, go to TipRanks’ Stock Analysis page.