DGAP-News: Pyrolyx AG

DGAP-News: Pyrolyx AG: Annual report approved and cash capital increase placed

DGAP-News: Pyrolyx AG / Key word(s): Final Results/Capital Increase Pyrolyx AG: Annual report approved and cash capital increase placed

01.07.2016 / 07:30 The issuer is solely responsible for the content of this announcement.

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Munich, July 1, 2016

Pyrolyx AG: Annual report dated December 31, 2015 approved; cash capital increase placed

With Pyrolyx's Supervisory Board having endorsed the company's annual accounts for 2015, they have now been formally approved in accordance with Section 172 AktG German Stock Corporation Act. The financial statements for the year ending December 31, 2015 have been audited and awarded an unqualified audit opinion by the auditor.

The cash capital increase decided on April 28, 2016 was placed by issuing 111,878 new shares at EUR 11.00 per share and entered in the Register of Companies on June 30, 2016. The company's total share capital is now EUR 2,918,083.

The funds raised amounting to EUR 1,230,658 - before costs - will be used to finance further business development.

Pyrolyx AG

Pyrolyx AG 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.

Pyrolyx AG'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'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.

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).

Contact: Rolf-Hendrik Arens Pyrolyx AG - Munich

Email: arens@pyrolyx.com Office: +49 (0) 89 856 3350 www.pyrolyx.com

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01.07.2016 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

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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 ---------------------------------------------------------------------------

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