(Oslo, 23 January 2020) Reference is made to the stock exchange announcement
from Nel ASA (the "Company") on 21 January 2020 regarding the issue of
89,000,000 new shares upon completion of a private placement of shares.
The share capital increase pertaining to the issuance of the new shares under
the private placement has now been registered with the Norwegian Register of
Business Enterprises.
The Company's new registered share capital is NOK 262,220,556.60 divided on
1,311,102,783 shares, each with a nominal value of NOK 0.20 per share.
ENDS
For additional information, please contact:
Bent Skisaker, CFO, +47 468 21 693
About Nel ASA | www.nelhydrogen.com
Nel Hydrogen 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 origins 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.