Nel ASA: Commencement of Subsequent Offering
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. (Oslo, 31 March 2020) Reference is made to the stock exchange announcement by Nel ASA ("Nel" or the "Company") on 30 March 2020, regarding the approval of a prospectus relating to a subsequent offering of up to 13,350,000 new shares (the "Subsequent Offering") to be carried out by the Company following the completion of a private placement with gross