Disclosure of large shareholding NEL ASA

Martin Nes, Chairman of NEL ASA, has received proxies representing 55 141 836 shares, corresponding to 8.10% of the company, for the upcoming annual general meeting in NEL ASA 20 May 2016.

About Us

NEL ASA is a leading global supplier of hydrogen technology for industrial / energy purposes, and has made over 500 deliveries in more than 50 countries. The company's main products are hydrogen production plants based on water electrolysis, complete hydrogen stations for transport and renewable energy storage solutions. The company has its roots from the hydrogen activities of Norsk Hydro, which dates back to 1927. The company also has a number of patents related to tests for early detection and diagnosis of diseases.