Nel ASA: Share capital increase registered

(Oslo, 28 November 2019) Reference is made to the stock exchange announcement by Nel ASA (the "Company") on 14 November 2019 regarding the exercise of employee options and issue of 332,000 new shares.

 

The share capital increase pertaining to the issuance of the new shares has now been registered with the Norwegian Register of Business Enterprises. The Company's new registered share capital is NOK 244,420,556.60 divided into 1,222,102,783 shares, each with a par value of NOK 0.20.

ENDS

 

For additional information, please contact:

Bent Skisaker, CFO, +47 468 21 693

 

 

About Nel ASA | www.nelhydrogen.com       

Nel Hydrogen is a global, dedicated hydrogen company, delivering optimal solutions to produce, store and distribute hydrogen from renewable energy. We serve industries, energy and gas companies with leading hydrogen technology. Since its origins in 1927, Nel has a proud history of development and continual improvement of hydrogen plants. Our hydrogen solutions cover the entire value chain from hydrogen production technologies to manufacturing of hydrogen fueling stations, providing all fuel cell electric vehicles with the same fast fueling and long range as conventional vehicles today.

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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.

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