(Oslo, 6 March 2017) Reference is made to the stock exchange notice published by
NEL ASA (the "Company", ticker "NEL") on 28 February 2017 regarding the
completed private placement of 64,980,000 new shares, each with a par value of
NOK 0.20, at a price of NOK 2.72 per share (the "Private Placement").
The share capital increase pertaining to the 64,980,000 new shares issued in the
Private Placement has now been registered with the Norwegian Register of
Business Enterprises.
The Company's new registered share capital is NOK 149,731,650.40, consisting of
748,658,252 shares with a par value of NOK 0.20 per share.
This information is subject of the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.
ENDS
For additional information, please contact:
Jon André Løkke, CEO, +47 9074 4949
Bent Skisaker, CFO, +47 4682 1693
About Nel | www.nelhydrogen.com
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. Since its
foundation in 1927, Nel has a proud history of development and continual
improvement of hydrogen plants. Our hydrogen solutions cover the entire value
chain from hydrogen production technologies to manufacturing of hydrogen fueling
stations, providing all fuel cell electric vehicles with the same fast fueling
and long range as conventional vehicles today.