Nel ASA (NLLSF)

[TPX]

News! Press Release: Everfuel contemplates private placement and listing on Merkur Market

Everfuel A/S (Everfuel), a minority-owned company of Nel ASA (Nel) is contemplating a private placement and admission to trading on Merkur Market, which is part of the Oslo Stock Exchange.

"We’re happy to see the positive development Everfuel has made over the last year and a half, and with the plans the company has for further expansions in the near future, we see this development as very positive," says Jon André Løkke, CEO of Nel.

Nel holds a 19.9% ownership in Everfuel, and has pre-committed to subscribe shares in the private placement, equal to around EUR 0.8 million.

Link to full press-release from Everfuel: https://www.everfuel.com/wp-content/uploads/2020/10/ITF-Press-Release_Everfuel_Final.pdf

https://nelhydrogen.com/press-release/press-release-everfuel-contemplates-private-placement-and-listing-on-merkur-market/