POWERCELL SWEDEN AB Nasdaq
The first day of trading on Nasdaq Stockholm is expected to be
PowerCell is a world leader in hydrogen electric solutions with unique fuel cell stacks and systems that contribute to an emission-free world. Since listing on the Nasdaq First North Growth Market Stockholm in 2014, PowerCell has had strong annual growth and an increasing gross margin. In order to benefit PowerCell's continued development, the board of PowerCell has applied for admission to trading of the company's shares on Nasdaq Stockholm. Today, Nasdaq Stockholm's listing committee has decided that PowerCell meets the requirements for admission in the company's shares to trading on Nasdaq Stockholm, provided that customary conditions are met, such as that a prospectus is approved by the
"The listing on Nasdaq Stockholm is an important step in our growth journey and shows that PowerCell's business is maturing at the same time as the entire industry is being commercialized. The market for hydrogen electric solutions is developing at a rapid pace, driven by the transition to electrification and emission-free solutions. We operate in a market with strong long-term growth and short-term volatility. Completing the listing is expected to increase our visibility to investors and benefit our continued growth as we add even more stability to PowerCell's foundation," says Richard Berkling, CEO of
The shares will be traded with an unchanged ticker PCELL and ISIN-code SE0006425815. PowerCell will not raise capital or issue any new shares in connection with the listing.
For further information, please contact:
Richard Berkling
CEO
Phone: +46 31 720 36 20
Email: richard.berkling@powercellgroup.com
About
We are headquartered in
To read more about our products and services, visit powercellgroup.com.
The first day of trading on Nasdaq Stockholm is planned for
G&W Fondkommission is our Certified Adviser on Nasdaq First North Growth Market, e-mail: ca@gwkapital.se, phone: +46 8 503 000 50.
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