(Lysaker, Norway, November 17th 2022): Reference is made to the announcement by TECO 2030 ASA (OSE: TECO) on November 14th 2022 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 1,546,702.24 divided into 154,670,224 shares, each with a nominal value of NOK 0.01.

The share capital increase is the first of 2 tranches of the private placement announced in a stock exchange notice on November 14th 2022.

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 is a Norway-based cleantech company developing zero-emission technology for the maritime and heavy industry sectors. We are developing PEM hydrogen fuel cell stacks and PEM hydrogen fuel cell modules that enable ships and other heavy-duty applications to become emission-free. The company is listed on Euronext Growth on the Oslo Stock Exchange under the ticker TECO, and in New York on the OTCQX under the ticker TECFF. TECO2030 is a spinoff of TECO Maritime Group, a group that has provided technology and services to the global shipping industry since 1994. For more information, please visit www.teco2030.no.

Attachments

  • Download announcement as PDF.pdf

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