(Oslo, 26 February 2021) Reference is made to the stock exchange announcement by
Nel ASA (the "Company") on 24 February 2021 regarding the issue of 49,500,000
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
291,459,497.60 divided on 1,457,297,488 shares, each with a nominal value of NOK
0.20 per share.
ENDS
For additional information, please contact:
Kjell Christian Bjørnsen, CFO: +47 917 02 097
About Nel ASA | 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. Our
roots date back to 1927, and since then, we have had a proud history of
development and continuous improvement of hydrogen technologies. Today, our
solutions cover the entire value chain: from hydrogen production technologies to
hydrogen fueling stations, enabling industries to transition to green hydrogen,
and providing fuel cell electric vehicles with the same fast fueling and long
range as fossil-fueled vehicles - without the emissions.
This information is subject to a duty of disclosure pursuant to Section 5-12 of
the Norwegian Securities Trading Act.