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    TECO   NO0010887516

TECO 2030 ASA

(TECO)
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Real-time Oslo Bors  -  05/25 10:25:19 am EDT
4.710 NOK   -7.28%
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TECO 2030 Share capital increase registered

12/27/2021 | 07:16am EDT

(Lysaker, Norway, December 27th 2021): Reference is made to the announcement by TECO 2030 ASA (OSE: TECO) on December 16th 2021 regarding the private placement.

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 1,403,698.14 divided into 140,369,814 shares, each with a nominal value of NOK 0.01.

Disclosure regulation

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Contacts

  • Pål Christian Johnsen, CFO, +47 412 76 747, pcj@teco2030.no

About TECO 2030 ASA

TECO 2030 accelerates the green transition in the maritime sector by delivering technology that helps ships to reduce their environmental and climate impacts. TECO 2030 is developing hydrogen fuel cells that enable ships and other heavy-duty applications to become emissions-free. The company is also developing other solutions that can help the maritime industry to reduce its emissions, such as exhaust gas cleaning and carbon capture systems for ships. TECO 2030 was founded in 2019 and is headquartered at Lysaker, Norway. The company is listed on Euronext Growth on Oslo Stock Exchange under TECO. TECO 2030 has its roots in the TECO Maritime Group, a group that has provided technology and repair services to the global shipping industry since 1994. For more information, please visit www.teco2030.no.

Attachments

  • Download announcement as PDF.pdf

© NTB Norway, source NTB English Regulatory Releases

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Financials
Sales 2022 59,0 M 6,14 M 6,14 M
Net income 2022 -51,0 M -5,31 M -5,31 M
Net cash 2022 153 M 15,9 M 15,9 M
P/E ratio 2022 -18,1x
Yield 2022 -
Capitalization 669 M 69,6 M 69,6 M
EV / Sales 2022 8,75x
EV / Sales 2023 3,13x
Nbr of Employees 23
Free-Float 42,3%
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Number of Analysts 2
Last Close Price 5,08 NOK
Average target price 7,00 NOK
Spread / Average Target 37,8%
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Managers and Directors
Tore Enger Co-Chairman & Chief Executive Officer
Pål Christian Johnsen Chief Financial Officer
Sigurd Gaarder Lange Co-Chairman
Arild Eiken Chief Technology & Project Officer
Birgit Marie Liodden Director