Nel ASA: Sale of Everfuel shares
(December 12, 2023 - Oslo, Norway) Nel ASA (Nel, OSE:NEL), has agreed to sell all its shares in Everfuel. A total of 11,698,918 shares are sold for a total consideration of NOK 116.6 million, equal to NOK 9.97 per share. Nel has reported the holding in Everfuel as a financial current asset and expects to book a gain in the fourth quarter of 2023 of NOK 23 million related to the transaction. HyVC ApS, a company owned by the leading Japanese corporations Itochu Corporation and Osaka gas, is the block buyer of the shares. “Nel is in a build-up phase streamlining the company and focusing