Reference is made to the stock exchange announcement by Hexagon Composites ASA (“Hexagon” or the “Company”) on 23 October 2020 regarding an update on the process of spinning off Hexagon Purus and having Hexagon Purus’ shares admitted for trading on Euronext Growth Oslo/Merkur Market, a multilateral trading facility operated by the Oslo Stock Exchange.
In preparation for the spin-off process, a company presentation has been prepared. The presentation is attached hereto and will be made available on www.hexagongroup.com.
In recent weeks, Hexagon Purus has completed the steps required to apply for listing on Euronext Growth Oslo/Merkur Market, part of the Oslo Stock Exchange. This includes:
Carnegie AS and Skandinaviska Enskilda Banken AB (publ) have been mandated as financial advisors to support Hexagon in this process. Advokatfirmaet Schjødt AS acts as the Company’s legal advisor. Advokatfirmaet Thommessen AS acts as legal advisor to the financial advisors.
For more information, please contact:
David Bandele, CFO, Hexagon Composites ASA
Telephone: +47 920 91 483 | david.bandele@hexagongroup.com
Karen Romer, SVP Communications, Hexagon Composites AS
Telephone: +47 950 74 950 | karen.romer@hexagongroup.com
About Hexagon Composites ASA
Hexagon delivers safe and innovative solutions for a cleaner energy future. Our solutions enable storage, transportation, and conversion to clean energy in a wide range of mobility, industrial and consumer applications, including light-, medium- and heavy-duty vehicles, ground storage, distribution, marine, rail and backup power solutions.
About Hexagon Purus
Hexagon Purus, a Hexagon Composites company, enables zero emission hydrogen and battery electric mobility for a cleaner energy future. Hexagon Purus is a world leading provider of Hydrogen Type 4 high-pressure cylinders, battery packs and vehicle systems integration for fuel cell electric and battery electric vehicles (FCEV and BEV) including hybrid mobility applications on light, medium and heavy-duty vehicles, transit buses, ground storage, distribution, marine, rail, aerospace and backup power solutions.
Learn more at www.hexagongroup.com