Kurs & Likviditet
Beskrivning
| Land | Norge |
|---|---|
| Lista | Euronext Growth Oslo |
| Sektor | Energi & Miljö |
| Industri | Miljö & Återvinning |
2023-10-17 07:45:00
Reference is made to the announcement made on 16 October 2023 regarding the
completion of the demerger and transfer of Vow Green Metals' Follum business
into a wholly owned subsidiary of Vow Green Metals, VGM Hjelpeselskap AS.
The merger of VGM Hjelpeselskap AS with VGM Operatør AS has now been registered
as completed in the Norwegian Register of Business Enterprises, completing the
drop-down demerger plan (the "Drop-down").
As a result of the completion of the merger, the share capital of Vow Green
Metals AS is increased trough increase in the nominal value of each share. The
new share capital of Vow Green Metals is NOK 1.073.976,098, divided by
165.227.092 shares. The number and nominal value of the shares in Vow Green
Metals thus remains unchanged as before the completion of the Drop-down.
For further information, please contact:
Cecilie Jonassen, CEO, Vow Green Metals AS
Tel: +47 954 20 126
Email: cecilie.jonassen@vowgreenmetals.com
Peder Poulsson, Director Finance and Project Controlling, Vow Green Metals AS
Tel: +47 950 26 311
Email: peder.poulsson@vowgreenmetals.com
About Vow Green Metals
Vow Green Metals' strategy is to be a leading producer of biocarbon and other
carbon-neutral products that enable the green transition in hard-to-abate
industries. We are on a mission to accelerate the world's transition to
renewable materials by offering green alternatives to replace fossil reduction
agents in the metallurgical industry. The core of our business is to build, own
and operate biocarbon production plants using state-of-the-art pyrolysis
technology to turn biomass and biomass waste-streams into our core product,
biocarbon. Our biocarbon production process also creates other valuable products
like bio-oil and bioenergy. With our standardized solutions, unique access to
proprietary technology, and a growing global pipeline of projects, we are
upholding our first-mover position in a growing market where speed and scale
will be determining factors. Vow Green Metals is building a new biocarbon
industry on the shoulders of its main owner and technology partner, Vow ASA,
which provides access to competence and capabilities acquired through decades of
industrial innovation.
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.