Capsol Technologies: Conversion to ASA completed – new name of the company

Oslo, Norway - 10 October 2023


An extraordinary general meeting of Capsol Technologies was held on Wednesday 27
September 2023 resolving on a conversion from AS to ASA. Today, the conversion
has been completed and registered in the Norwegian Register of Business
Enterprises.

The new name of the company is Capsol Technologies ASA.



For further information, please contact:

Ingar Bergh
Chief Financial Officer, Capsol Technologies
+47 926 20 330
ingar.bergh@capsoltechnologies.com



About Capsol Technologies

Capsol Technologies is a carbon capture technology provider with a goal to
accelerate the transition to a carbon-negative future. The company’s safe and
cost-competitive solutions are licensed out either directly to customers or
through industrial partners globally. Key segments include cement, biomass,
energy-from-waste, gas turbines and large industrial. Capsol is targeting
significant long-term value creation with a scalable model with an ambition of
5-10% technology licensing market share in 2030, EUR 7-12 in licensing revenue
per tonne installed capacity and 40-60% pre-tax profit margin.

Capsol Technologies is listed on Euronext Growth Oslo, Norway (ticker: CAPSL).
For more information, visit capsoltechnologies.com.

 

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