- To mark the company’s 15th anniversary, the company founder donated his own shares to all permanent employees as a gift
- A total of around 75,000 euros as recognition, motivation and to strengthen employee loyalty
Dillingen /Saar, 10 July 2023 — Pyrum Innovations AG (“Pyrum”, the “Company”, ISIN: DE000A2G8ZX8), was informed today by its founder and main shareholder Pascal Klein that he would like to give all permanent employees a stake in the company as part of a gift of treasury shares totalling around EUR 75,000. The shares were initially transferred to the company today by Pascal Klein and will subsequently be passed on equally by Pyrum to the 70 or so employees as a bonus within the framework of tax and social security-free transferability. Further employee retention measures are also planned for the future.
Pascal Klein, CEO of Pyrum Innovations AG: “Since our IPO in 2021, it has been very important to me to let our employees participate in the success and growth of our company. Pyrum will be 15 years old this year and is now facing the next stage of development. This success story would not have been possible without our dedicated colleagues. To recognise their achievements to date, motivate them for the future and strengthen employee loyalty, I have therefore decided to give our employees their own shares as a bonus. I look forward to the next few years together, in which we want to establish ourselves as a leading provider in the field of tyre and polymer recycling.”