Quantafuel AS (OB:QFUEL) exercised this option to acquire 50% stake in Polynate AS on August 31, 2023. With the transaction concluded, the composition of Polynate?s Board of Directors will reflect the ownership of Quantafuel, with Dominic Howson and Chris Lach representing Quantafuel, Kjetil Vikingstad and Bernt-Olof Morgan Olausson representing Geminor, and with Håkon Thomas Olsen serving as the Chairman of Polynate's board.

Quantafuel AS (OB:QFUEL) completed the acquisition of 50% stake in Polynate AS on August 31, 2023.