Duyuru • Jan 23
Pryme N.V. has completed a Follow-on Equity Offering in the amount of NOK 6.002832 million. Pryme N.V. has completed a Follow-on Equity Offering in the amount of NOK 6.002832 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 1,500,708
Price\Range: NOK 4
Transaction Features: Regulation S; Rights Offering Duyuru • Jan 01
Pryme N.V. has filed a Follow-on Equity Offering in the amount of NOK 9.803288 million. Pryme N.V. has filed a Follow-on Equity Offering in the amount of NOK 9.803288 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 2,450,822
Price\Range: NOK 4 Duyuru • Dec 04
Pryme N.V. has filed a Follow-on Equity Offering in the amount of €5 million. Pryme N.V. has filed a Follow-on Equity Offering in the amount of €5 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 14,714,538
Price\Range: €0.3398
Transaction Features: Subsequent Direct Listing Duyuru • Nov 29
Pryme N.V. Provides Production Status Update Pryme N.V. announced that during November 2025, the Company did not produce any pyrolysis oil on account of the production stop as communicated in the previous Pryme production status updates on 3 and 5 November 2025. The Company has evaluated the root cause of the failure of the reactor sleeve’s securing mechanism and it has decided to restore and secure the sleeve with an improved technical design. The implementation involves the delivery of customized components with lead times that will go beyond November 2025. The Company estimates to restart production not before the second half of December. Pryme will inform the market when production has been resumed for the continuation of its testing, debottlenecking and optimization program. The production forecast for Fourth Quarter 2025 of 600 mT of pyrolysis oil is no longer valid given the limited remaining time until the end of the year. Duyuru • Sep 03
Pryme N.V. Appoints Gerardus Lemmers as Managing Director Pryme N.V. in its annual general meeting held on September 2, 2025 approved to appoint Mr. Gerardus Lemmers as managing director for the period starting September 3, 2025 and expiring at the end of annual general meeting of shareholders to be held in 2029. Duyuru • Jun 20
Pryme Restarts Production Following the shutdown of the production at Pryme One, Pryme N.V.’s first plant, on April 29, 2025 due to a leak in the discharge valve, production was restarted on June 18th, 2025. Until the morning of June 19, 25 metric tons of pyrolysis oil was produced marking a successful restart of the production. Duyuru • Jun 25
Pryme N.V., Annual General Meeting, Jun 10, 2025 Pryme N.V., Annual General Meeting, Jun 10, 2025. Duyuru • Jun 23
Pryme N.V. to Report Fiscal Year 2024 Results on May 07, 2025 Pryme N.V. announced that they will report fiscal year 2024 results on May 07, 2025 Duyuru • Mar 27
Pryme N.V. has filed a Follow-on Equity Offering in the amount of NOK 139.402263 million. Pryme N.V. has filed a Follow-on Equity Offering in the amount of NOK 139.402263 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 12,672,933
Price\Range: NOK 11
Transaction Features: Subsequent Direct Listing New Risk • Mar 07
New major risk - Revenue and earnings growth Earnings have declined by 53% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 53% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (47% increase in shares outstanding). Market cap is less than US$100m (€41.4m market cap, or US$45.2m). Breakeven Date Change • Feb 28
Forecast to breakeven in 2024 The analyst covering Pryme expects the company to break even for the first time. New forecast suggests the company will make a profit of €5.81m in 2024. Average annual earnings growth of 141% is required to achieve expected profit on schedule. New Risk • Feb 23
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€10m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€10m free cash flow). Shares are highly illiquid. Earnings are forecast to decline by an average of 66% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (€20m net loss in 2 years). Shareholders have been diluted in the past year (47% increase in shares outstanding). Market cap is less than US$100m (€39.6m market cap, or US$42.8m). Duyuru • Feb 23
Pryme N.V. Completes Phase One of Its Production Ramp-Up of Pryme One Following the successful first oil production on January 19th, Pryme achieved a significant milestone by completing the first complete full process cycle i.e. producing pyrolysis oil by utilizing the complete plant process where plastic waste is supplied to an extruder which feeds the reactor before the gases produced in the reactor are condensed to pyrolysis oil. In more detail from the achievement, one of the extruders was automatically fed post-consumer plastic waste in the form of pellets from the storage bunker. The extrusion process converted the solid waste into melted plastic which was fed into the reactor through a pressurised melt pipe. Observed pressures in the extruder and the melt pipe were well within the designed operating range of the equipment. The extruder operated for more than four hours, supplying the reactor at 25% of its estimated 5-metric tons per hour capacity. During this process, the reactor maintained an internal edge temperature of above 600 and a core temperature of above 475 degrees Celsius, thereby demonstrating the capability of Pryme's electrically heated reactor to maintain accurate and adequate temperatures for the pyrolysis process. Throughout the cycle, the condensation unit received a steady flow of gas which was condensed into pyrolysis oil. This ultimately allowed for a desired overflow in condensation column leading to oil being transferred into the storage unit for the first time. The process concluded with a planned stop in production to perform an ash purge, marking the end of the first integrated process cycle. As stated in Pryme's January 19th, 2024 announcement, the gradual ramp-up of the plant will take place through three phases. Phase 1, which is now completed was finalized slightly before the original schedule. During the second phase, which started today, the company will focus on feeding the reactor with melted plastic through the two extruders via a melt pipe, the front-end of the production. The integration of the front- and back-end (reactor and condensation) processes is required in order to achieve high throughput production. The second phase is expected to continue into the third quarter with steadily increasing volumes. In the third phase, commencing after the completion of phase two, Pryme expects to perform production runs approaching the nameplate capacity of 40,000 metric tons of waste plastic input annually with aproduction output of 30,000 metric tons of pyrolysis oil. With the limited production output of phase two expect to commence commercial oil deliveries in the second quarter of 2024. Duyuru • Jan 23
Pryme N.V. Initiates Production at its First Manufacturing Facility with Production of First Oil Pryme successfully initiated production at its first manufacturing facility with production of "first oil" on January 19, 2024. This marks the start of production and the first phase of development of the company's Rotterdam based plant, Pryme One. During the first phase, which is expected to run through January and February, Pryme will focus on the direct feeding of non-melted plastic waste into the reactor from varied specifications and sources, both post-industrial and post-consumer plastic waste. The operational objective of the first phase is to calibrate the oil condensation process, to efficiently manage non-condensable gases and to collect real-time production data in order to optimize the overall plant performance. Phase one will have very limited production volumes. Once the first phase is completed, the company will focus on feeding the reactor with melted plastic through the two extruders via a melt pipe, the front-end of the production. The integration of the front- and back-end (reactor and condensation) processes is required in order to achieve high throughput production. The second phase is expected to continue into the third quarter at which time phase three will commence. During phase three, Pryme expects to perform production runs approaching the nameplate capacity of 40,000 metric tons of waste plastic input annually with a production output of 30,000 metric tons of liquefied plastic waste. New Risk • Nov 22
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€10m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€10m free cash flow). Shares are highly illiquid. Earnings are forecast to decline by an average of 27% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (€13m net loss in 3 years). Shareholders have been diluted in the past year (47% increase in shares outstanding). Market cap is less than US$100m (€40.6m market cap, or US$44.3m). Duyuru • Jun 14
Pryme N.V. Appoints Ferdinand Lupescu as CFO Pryme N.V. announced that Mr. Ferdinand Lupescu appointed as CFO. Ferdinand (Ferry) Lupescu (55), a Dutch citizen, is an experienced CFO who has served in various managerial and executive finance functions including divisional CFO for Vopak from 1999 until 2018. Since then, he was a divisional CFO for Mammoet, a company belonging to the SHV Group. He started his career as audit manager with KPMG followed by a corporate finance role for Louwman, one of the largest automotive dealership- and import-organizations in Europe. Ferry is a chartered accountant and holds university degrees in accounting and controlling from the Free University of Amsterdam and Nyenrode University in the Netherlands. The supervisory board has nominated Mr. Lupescu for appointment as managing director of Pryme N.V. by the AGM on 27 June 2023. Ferry assumed his responsibilities as CFO on June 1st, 2023. Duyuru • May 10
Pryme N.V. announced that it has received NOK 169.037484 million in funding from Infinity Recycling B.V., Invest-NL, LyondellBasell Industries N.V. On May 9, 2023, Pryme N.V. closed the transaction. The transaction included participation from new investors, Infinity Recycling B.V., Invest-NL, LyondellBasell Industries N.V. Breakeven Date Change • Mar 08
No longer forecast to breakeven The 2 analysts covering Pryme no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of €2.24m in 2024. New consensus forecast suggests the company will make a loss of €7.67m in 2024. Duyuru • Feb 16
Pryme Appoints Dominique Gemoets as Technology & Engineering Director Pryme appoints Mr. Dominique Gemoets as Technology & Engineering Director. Mr. Dominique Gemoets, a Belgian citizen, is an experienced process engineer holding over 20 years industry experience in PTA (purified terephthalic acid) technology & production with major global petrochemical companies. Dominique joined on February 13th bringing the right mix of operational & engineering experience to help mature Pryme’s unique advanced recycling technology. He holds a degree in Industrial Engineering from KU Leuven (De Nayer) Faculty of Engineering Technology. Duyuru • Feb 11
Pryme N.V. Receives Final Approval for Advance Payment of Grant in the Amount of EUR 2.3 Million Under the Eu Horizon 2021 Program for its Participation in the Research and Innovation Project Electro Pryme previously announced its application for a grant under the EU Horizon 2021 program established by the European Commission to finance research and innovation activities. The Company is one of 12 consortium partners in Project ELECTRO including Ghent University in Belgium as the project coordinator. The EU granted the consortium an amount of EUR 14.2 million for the project that spans a EUR 21.4 million research and innovation program until September 2026. Pryme's share in the grant, as the largest consortium partner, is EUR 4.8 million, supporting its budgeted EUR 8 million project costs until September 2026 as part of its overall planned R&D research and innovation costs. Project activities have commenced. As all approval conditions have been met, Pryme expects to receive EUR 2.3 million within the next 14 days as a project pre-payment from the EU, through Ghent University, the project coordinator, to fund its research and innovation activities costs related to Project ELECTRO. Project ELECTRO targets demonstration of innovative technology concepts that link the waste and petrochemical industry and provide sustainable, low greenhouse gas footprint and scalable circular solutions for olefin and polyolefin production. Both Pryme's R&D center and Pryme's first production site in Rotterdam participate in the execution of the project activities. Duyuru • Jan 26
Pryme N.V. Appoints Frans Vollering as Interim CFO Pryme has appointed Mr. Frans Vollering as interim CFO. The search for a permanent CFO is ongoing. Mr. Vollerg (57), a Dutctch citizen, is an experienced CFO in manufacturing, construction, project development and trading operations in B2B settings. Frans started his career with one of the Big 4 organizations and has an extensive background in audit and consultancy. He holds a degree in economics from Erasmus University in Rotterdam, the Netherlands, where he also earned his CPA certification. Duyuru • Dec 24
Pryme N.V. to Report Q4, 2022 Results on Mar 31, 2023 Pryme N.V. announced that they will report Q4, 2022 results at 12:00 PM, Central European Standard Time on Mar 31, 2023 Duyuru • Dec 13
Pryme N.V. Approves Resignation of Manuel Althoff as CFO of the Company for Personal Reasons Effective December 31, 2022 Pryme N.V. approved resignation of Manuel Althoff as CFO of the company for personal reasons effective December 31, 2022. Breakeven Date Change • Dec 02
Forecast breakeven date moved forward to 2022 The 2 analysts covering Pryme previously expected the company to break even in 2024. New consensus forecast suggests the company will make a profit of €214.2k in 2022. Earnings growth of 107% is required to achieve expected profit on schedule. Duyuru • Sep 10
Pryme N.V. Appoints Manuel Althoff as CFO The Supervisory Board of Directors of Pryme BV has appointed Mr. Manuel Althoff as Chief Financial Officer (CFO) of Pryme N.V. He will start on September 12, 2022. Mr. Althoff has served 10-years in senior leadership roles with international Banks in corporate finance and investment banking in Germany and Asia. In addition to his financial expertise, he joins Pryme N.V. with almost 10 years of experience as managing director and board member (CFO) in the German recycling industry. As the financial leader for ALBA Mr. Althoff managed the M&A and finance strategy to establish the group as one of the leading waste management market players in Germany. After the acquisition of Interseroh with its dual system to recycle plastic household waste Mr. Althoff was responsible for the integration of that division. Subsequent to his role in the recycling sector Mr. Althoff joined BARD Group as Member of theboard and CFO where he secured funding of this first mover in building a commercial offshore windfarm in Germany with a capacity of 450 Megawatt. Recently Mr. Althoff held executive CFO roles with suppliers in the automotive industry. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Executive Director Boudewijn van Vliet was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Apr 03
Pryme BV Appoints Christopher Hervé as Chief Executive Officer The Supervisory Board of Directors of Pryme BV appointed Mr. Christopher Hervé as new Chief Executive Officer, effective May, 2022. He currently serves as Vice President for Eurofins Scientific. Christopher will join the company with more than 10 years of experience in leadership positions in the processing industry. Before Eurofins, he led the operations for Tereos in Indonesia before being promoted to Managing Director of Tereos’ Starch Division. Preceding Tereos, Christopher held positions in Cargill and Lafarge. Christopher holds a master’s degree in applied economics from the Paris Dauphine University. He also holds a master’s degree in engineering as well as a bachelor in applied economics. Breakeven Date Change • Feb 26
Forecast to breakeven in 2024 The 3 analysts covering Pryme B.V expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 47% per year to 2023. The company is expected to make a profit of €6.11m in 2024. Average annual earnings growth of 59% is required to achieve expected profit on schedule. 
