The cleantech company Pryme has today been admitted to trading on Euronext Growth (ticker code: PRYME). Pryme converts plastic waste into chemical feedstock for new plastics. The recycling process is developed by Pryme. Recently, the company raised NOK 287 million through a private placement. The placement included NOK 256 million in new shares and NOK 31 million in sales of existing shares.
“We are grateful for the investment community and excited with the interest and support. The listing on Euronext Growth is an important step in Pryme’s business model where the focus is on scalability,” says Johannes van der Endt, founder and CEO of Pryme.
The shares in the new issue were sold at NOK 51,20 corresponding to a market capitalisation of NOK 768 million.
Pryme is an innovative cleantech company focused on converting plastic waste into valuable chemical feedstock for new plastics. The chemical recycling process is developed and optimized by Pryme. The first plant will be built in Rotterdam. Pryme will contribute to a new environmentally friendly and circular economy with a low CO2 footprint in line with EU guidelines, while at the same time having an economically scalable and profitable business model with great growth potential. www.pryme-cleantech.com.