HydrogenPro AS - Share capital increase registered with the Norwegian Register of Business Enterprises
2021-01-26 15:26:59
HydrogenPro AS - Share capital increase registered with the Norwegian Register of Business Enterprises
26 January 2021: Reference is made to the stock exchange announcement published by HydrogenPro AS ("HydrogenPro" or the "Company") on 23 December 2020, where the Company announced that the Board of Directors of the Company had proposed to increase the Company's share capital through a private placement in connection with the settlement of the Company's acquisition of Advanced Surface Plating, and the stock exchange announcement published by the Company on 8 January 2021, where the Company announced that an Extraordinary General Meeting had resolved to increase the Company's share capital in accordance with the proposal from the Board of Directors.
On 8 January 2021 the Company issued 600,000 new shares (the "Shares") in connection with the settlement of the Company's acquisition og Advanced Surface Plating ApS. The Shares have been issued on the Company's existing ISIN NO NO0010892359 and admitted to trading on Euronext Growth as of today. The share capital increase has also been registered with the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret). As a result of the share capital increase, the Company has 57 769 312 shares in issue, each with a par value of NOK 0.001.
For more information, please contact:
Mårten Lunde, CEO
+47 48 14 84 51
marten@hydrogen-pro.com
HydrogenPro in brief:
HydrogenPro was founded in 2013 and the Company’s principal business it to provide customised turn-key plants for large-scale production of green hydrogen to global industrial clients. The Company’s activities include design, engineering and optimization of such plants, purchasing of parts, components and sub-systems for integration into complete plants and systems for hydrogen production. The activities also include commissioning and testing of such plants before they are accepted by clients of the Company. As part of its business model, the Company will also seek to secure service and maintenance agreements related to such hydrogen production plants.
The Company aims to be a world leading designer and supplier of alkaline electrolyser technology plants and solutions that meet the highest requirements for safety, reliability and long lifetime at competitive cost.
By combining in-depth knowledge from the electrolyser industry with innovative design and technologies, HydrogenPro continuously aspire to pioneer game-changing ideas and solutions to realise and maximise new opportunities in a smarter, sustainable and hydrogen powered future. The Company has been chosen supplier for several important contracts within the large-scale segment of the electrolyser market during the last couple of years and is now preparing itself for execution of these projects. HydrogenPro will shortly embark on a program to strengthen its organisation and recruit new talent interested in building a company which offer truly sustainable energy solutions for the future.