tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Pryme Raises NOK 6 Million in Subsequent Share Offering

Story Highlights
Pryme Raises NOK 6 Million in Subsequent Share Offering

Claim 50% Off TipRanks Premium

Pryme B.V. ( (DE:8XG0) ) has provided an announcement.

Pryme N.V. has completed its subsequent offering of new shares, receiving subscriptions for 1,522,998 shares and allocating 1,500,708 shares at NOK 4.00 each, raising gross proceeds of NOK 6.0 million (around EUR 518,000). The capital increase tied to the offering is expected to be registered in late January, with delivery of the new shares to investors’ VPS accounts shortly thereafter, providing the Rotterdam‑based plastics recycler with fresh funding to support its operations and growth plans, while DNB Bank ASA acted as settlement and receiving agent and Advokatfirmaet Schjødt AS served as legal adviser.

More about Pryme B.V.

Pryme N.V. is a cleantech company that converts plastic waste into pyrolysis oil through large-scale chemical recycling, using proprietary enhancements to a proven process. The company has begun production at its first plant in the port of Rotterdam, designed to handle about 26,000 tonnes of plastic waste annually, and aims to build a portfolio of owned and operated plants with strategic partners to support a low‑carbon circular plastics economy; its shares are listed on Euronext Growth Oslo.

Average Trading Volume: 4,378

Current Market Cap: NOK188.2M

Learn more about 8XG0 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1