Pryme N.V. - increase of capital to satisfy vesting under Pryme's long-term incentive programRotterdam ,6 May 2024 Pryme N.V. has issued 109,050 new shares in its capital to satisfy the company's commitments per the vesting of restricted stock units awarded to the participants in: (i) the 2022 long-term incentive plan for the period from1 July 2022 through30 June 2023 , as approved by the 2022 AGM (50,450 shares), and (ii) the 2023 long-term incentive program for the period from1 July 2023 through30 June 2024 , as approved by the 2023 AGM (58,600 shares). The shares have been issued in a notarial deed at par value ofEUR 0.05 per share, totaling an issue price ofEUR 5,452.50 that has been set off against the company's share premium reserve. The increase of share capital has been notified to theDutch Register ofBusiness Enterprises . The new shares will be delivered and tradeable on Euronext Oslo Growth market. The Company's registered share capital following today's issuance of shares isEUR 2,527,381.10 , divided into 50,547,622 shares, each with a par value ofEUR 0.05 . About Pryme | www.pryme-cleantech.comPryme N.V. is an innovative cleantech company focused on converting plastic waste into pyrolysis oil through chemical recycling on an industrial scale. Its efficient and scalable technology is based on a proven process that has been further developed and enhanced with proprietary characteristics. The company has initialized production at its first plant in the port ofRotterdam , with an expected nameplate intake capacity of about 40,000 tons of plastic waste annually. Pryme's ambition is to contribute to a low-carbon circular plastic economy and to realize the large rollout potential of its technology through the development of a broad portfolio of owned-operated plants with strategic partners. The company is listed on Euronext Oslo Growth market. Pryme can be followed on LinkedIn.
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