Amsterdam, the Netherlands 21 April 2017, 08.00 CET

Avantium N.V. (Euronext Amsterdam and Brussels: AVTX) (“Avantium” or “the Company”), a leading chemical technology company and forerunner in renewable chemistry, today reports its full year results 2016.

Key indicators 2016:

  • Consolidated revenues increased 2% to € 10.5 million (FY 2015: € 10.3 million).
  • Extra funding of € 20 million in place by Convertible Loan Agreement (CLA) with PMV, FPIM and (certain) existing shareholders.[1]
  • Accomplished Joint Venture with BASF enables next step towards commercialization YXY technology.
  • Acquisition of assets Liquid Light strengthens electrochemistry activities.

[1] This convertible loan agreement fully converted into ordinary shares at IPO on 15 March 2017.

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