NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN
(
Approval and availability of the Prospectus:
The Prospectus will be available from
The Subsequent Offering:
· The Subsequent Offering will consist of an offer by the Company to issue up to 13,350,000
· Eligible Shareholders, being shareholders of the Company as of
· The Eligible Shareholders will be granted 0.01182 Subscription Rights for each existing share registered as held by such Eligible Shareholders as of the Record Date, rounded down to the nearest whole Subscription Right. Each whole Subscription Right provides a preferential right to subscribe for, and be allocated, one Offer Share at the Subscription Price, subject to applicable securities laws. Over-subscription will be permitted, but there can be no assurance of the number of shares that will be available for allocation pursuant to over-subscription. Subscription without Subscription Rights will not be permitted.
· The subscription period will commence at 09:00 hours (CEST) on
· The subscription price in the Subsequent Offering is
· The Subscription Rights are expected to have an economic value if the Company's shares trade above the Subscription Price during the Subscription Period. Eligible Shareholders who do not use their Subscription Rights will experience a dilution of their shareholding in the Company if other Eligible Shareholders subscribe for
· The Subscription Rights must be used to subscribe for
· Completion of the Subsequent Offering is subject to (i) the board of directors resolving to approve the Subsequent Offering and issue the Offer Shares, and (ii) registration of the increased equity of the Company pertaining to the Subsequent Offering with the
· The payment for the Offer Shares allocated to a subscriber falls due on
· Subject to timely payment by all subscribers, the share capital increase pertaining to the Subsequent Offering is expected to be registered with the
ENDS
For further information, please contact:
About
Nel 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. Our roots date back to 1927, and since then, we have had a proud history of development and continuous improvement of hydrogen technologies. Today, our solutions cover the entire value chain: from hydrogen production technologies to hydrogen fueling stations, enabling industries to transition to green hydrogen, and providing fuel cell electric vehicles with the same fast fueling and long range as fossil-fueled vehicles - without the emissions.
https://news.cision.com/nel-asa/r/nel-asa--approval-and-publication-of-prospectus,c3076150
https://mb.cision.com/Main/115/3076150/1220705.pdf
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