NEL (Hydrogen Fuel)

TekBot · mars 28, 2019, 10:30am

28/03-2019 11:29:10: (NEL) Extraordinary general meeting held in Nel ASA

(Oslo, 28 March 2019) An extraordinary general meeting of Nel ASA was held
today. All proposals set out in the notice to the general meeting were approved.
Please find minutes from the extraordinary general meeting attached.
…

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For further information, please contact: Bent Skisaker, CFO, Nel ASA, +47 46 82
16 93

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. Since its
origns 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.

http://www.netfonds.no/quotes/release.php?id=20190328.OBI.20190328S42

TekBot · mars 29, 2019, 4:18pm

29/03-2019 17:17:30: (NEL) Nel ASA: Approval and publication of Prospectus

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER
JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE
…

Vis børsmeldingen

UNLAWFUL.

Nel ASA: Approval and publication of Prospectus

(Oslo, 29 March 2019) Reference is made to the stock exchange announcement by
Nel ASA (“Nel” or the “Company”) on 31 January 2019, regarding key information
relating to a subsequent offering of up to 12,500,000 new shares (the
“Subsequent Offering”) in the Company following the completion of a private
placement announced by the Company on 30 January 2019 (the “Private Placement”).

Approval and availability of the Prospectus:

The Financial Supervisory Authority of Norway has today approved a prospectus
prepared by the Company (the “Prospectus”) in connection with the Subsequent
Offering and listing of up to 12,500,000 new shares in the Company, each with a
par value of NOK 0.20 (the “Offer Shares”).

The Prospectus will be available from 1 April 2019 on the following websites:
www.nelhydrogen.com, www.carnegie.no, www.sb1markets.no and www.norne.no. Hard
copies of the Prospectus will be available at the offices of Nel ASA, Karenslyst
allé 20, 0278 Oslo, Norway, or by contacting Carnegie AS (+47 22 00 93 60),
SpareBank 1 Markets AS (+47 24 14 74 00) or Norne Securities (+47 55 55 91 30).

The Subsequent Offering:

· The Subsequent Offering will consist of an offer by the Company to issue up
to 12,500,000 Offer Shares, raising approximately NOK 68.1 million in gross
proceeds if all the Offer Shares are issued.

· Eligible Shareholders, being shareholders of the Company as of 30 January
2019 (and being registered as such in the VPS on 1 February 2019, pursuant to
the two days’ settlement procedure in the VPS (the “Record Date”)), (i) who were
not allocated shares in the Private Placement, and (ii) who are not resident in
a jurisdiction where such offering would be unlawful, or for jurisdictions other
than Norway, would require any filing, registration or similar action, will be
granted non-transferable subscription rights (the “Subscription Rights”) that,
subject to applicable law, provide preferential rights to subscribe for and be
allocated Offer Shares at the Subscription Price (as defined below).

· The Eligible Shareholders will be granted 0.0148 Subscription Rights for
each existing share registered as held by such Eligible Shareholders as of the
Record Date, rounded down to the nearest whole Subscription Right. Each whole
Subscription Right provides a preferential right to subscribe for, and be
allocated, one Offer Share at the Subscription Price, subject to applicable
securities laws. Over-subscription will be permitted, but there can be no
assurance of the number of shares that will be available for allocation pursuant
to over-subscription. Subscription without Subscription Rights will not be
permitted.

· The subscription period will commence at 09:00 hours (CET) on 2 April 2019
and expire at 16:30 hours (CET) on 9 April 2019 (the “Subscription Period”).
· The subscription price in the Subsequent Offering is NOK 5.45 per Offer
Share, being the same as the subscription price in the Private Placement
completed on 30 January 2019 (the “Subscription Price”).

· The Subscription Rights are expected to have an economic value if the
Company’s shares trade above the Subscription Price during the Subscription
Period. Eligible Shareholders who do not use their Subscription Rights will
experience a dilution of their shareholding in the Company if other Eligible
Shareholders subscribe for Offer Shares.

· The Subscription Rights must be used to subscribe for Offer Shares in the
Subscription Period and before the expiry of the Subscription Period on 9 April
2019 at 16:30 hours (CET). Subscription Rights that are not used to subscribe
for Offer Shares before 16:30 hours (CET) on 9 April 2019 will have no value and
will lapse without compensation to the holder.

· The payment for the Offer Shares allocated to a subscriber falls due on 12
April 2019.

· Subject to timely payment by all subscribers, the share capital increase
pertaining to the Subsequent Offering is expected to be registered with the
Norwegian Register of Business Enterprises (Nw. Foretaksregisteret) on or about
17 April 2019. The Offer Shares are expected to be delivered to the subscribers
and commence trading on the Oslo Stock Exchange on 23 April 2019.

Carnegie AS, SpareBank 1 Markets AS and Norne Securities will act as managers in
the Subsequent Offering (the “Managers”).

ENDS

For additional information, please contact:

Jon André Løkke, CEO, +47 9074 4949

Bent Skisaker, CFO, +47 468 21 693

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
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.

Important information:

The release is not for publication or distribution, in whole or in part directly
or indirectly, in or into Australia, Canada, Japan or the United States
(including its territories and possessions, any state of the United States and
the District of Columbia).

This release is an announcement issued pursuant to legal information
obligations, and is subject of the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act. It is issued for information
purposes only, and does not constitute or form part of any offer or solicitation
to purchase or subscribe for securities, in the United States or in any other
jurisdiction. The securities mentioned herein have not been, and will not be,
registered under the United States Securities Act of 1933, as amended (the
“Securities Act”). The securities may not be offered or sold in the United
States except pursuant to an exemption from the registration requirements of the
Securities Act. The Company does not intend to register any portion of the
offering of the securities in the United States or to conduct a public offering
of the securities in the United States. Copies of this announcement are not
being made and may not be distributed or sent into Australia, Canada, Japan or
the United States. The issue, exercise, purchase or sale of subscription rights
and the subscription or purchase of shares in the Company are subject to
specific legal or regulatory restrictions in certain jurisdictions. Neither the
Company nor the Managers assume any responsibility in the event there is a
violation by any person of such restrictions.

The distribution of this release may in certain jurisdictions be restricted by
law. Persons into whose possession this release comes should inform themselves
about and observe any such restrictions. Any failure to comply with these
restrictions may constitute a violation of the securities laws of any such
jurisdiction. Carnegie is acting for the Company and no one else in connection
with the Private Placement and will not be responsible to anyone other than the
Company for providing the protections afforded to their respective clients or
for providing advice in relation to the Private Placement and/or any other
matter referred to in this release.

http://www.netfonds.no/quotes/release.php?id=20190329.OBI.20190329S141

pdx · april 1, 2019, 10:00am

Hver måned kårer jeg det jeg kaller Teksperter™ for noen av de mest populære investeringene våre

Det er de 3 medlemmene som har fått flest likes på innleggene sine de siste 90 dagene. Teksperter™ får også en unikt merke på profilen sin og et trofé-ikon ved siden av navnet sitt. Du kan bli Tekspert™ i flere aksjer/investeringer, og troféet vil bare vises i tråder der du er Tekspert™.

Her er denne månedens Teksperter™ og det mest likte innlegget deres fra de siste 90 dagene:

@NoBrain (30 likes)

@tooeasy891 (14 likes)

@Savepig (13 likes)

Resten av topp 10:

@sulzrox (7 likes)
@Mml (6 likes)
@Anderix (5 likes)
@anon99889496 (5 likes)
@jenskristian (4 likes)
@4TheLongRun (3 likes)
@Mykle (3 likes)

Gratulerer!

TekBot · april 2, 2019, 5:56am

02/04-2019 07:55:10: (NEL) Nel ASA: Commencement of Subsequent Offering

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR
INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER
JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE
…

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UNLAWFUL.

Nel ASA: Commencement of Subsequent Offering

(Oslo, 2 April 2019) Reference is made to the stock exchange announcement by Nel
ASA (“Nel” or the “Company”) on 29 March 2019, regarding the approval of a
prospectus relating to a subsequent offering of up to 12,500,000 new shares
(the “Subsequent Offering”) to be carried out by the Company following the
completion of a private placement announced by the Company on 30 January 2019
(the “Private Placement”).

In the Subsequent Offering, Eligible Shareholders, being shareholders of the
Company as of 30 January 2019 (and being registered as such in the VPS on 1
February 2019, pursuant to the two days’ settlement procedure in the VPS (the
“Record Date”)), (i) who were not allocated shares in the Private Placement, and
(ii) who are not resident in a jurisdiction where such offering would be
unlawful, or for jurisdictions other than Norway, would require any filing,
registration or similar action, will be granted non-transferable subscription
rights (the “Subscription Rights”) that, subject to applicable law, provide
preferential rights to subscribe for and be allocated Offer Shares at the
Subscription Price (as defined below).

The subscription period in the Subsequent Offering commences today, on 2 April
2019 at 09:00 hours (CET) and will end on 9 April 2019 at 16:30 hours (CET) (the
“Subscription Period”). The subscription price in the Subsequent Offering is NOK
5.45 per Offer Share (the “Subscription Price”), which is equal to the
subscription price in the Private Placement.

Eligible Shareholders will be granted 0.0148 Subscription Rights for each share
registered as held by such Eligible Shareholder on the Record Date, rounded down
to the nearest whole Subscription Right. Each whole Subscription Right provides
a preferential right to subscribe for, and be allocated, one Offer Share at the
Subscription Price, subject to applicable securities laws. Over-subscription is
permitted, but there can be no assurance of the number of shares that will be
available for allocation pursuant to over-subscription. Subscription without
Subscription Rights will not be permitted.

In order to subscribe for shares, Eligible Shareholders must provide one of the
Managers (as defined below) with a complete and duly signed subscription form
within the end of the Subscription Period. Further instructions regarding the
subscription procedure is available in the Prospectus (as defined below). The
Subscription Rights must be used to subscribe for Offer Shares in the
Subscription Period and before the expiry of the Subscription Period on 9 April
2019 at 16:30 hours (CET). Subscription Rights that are not used to subscribe
for Offer Shares before 16:30 hours (CET) on 9 April 2019 will have no value and
will lapse without compensation to the holder.

Notifications of allocation in the Subsequent Offering are expected to be issued
on or about 10 April 2019. The due date for payment of allocated Offer Shares is
12 April 2019. The capital increase relating to the Subsequent Offering is,
subject to timely payment by all subscribers, expected to be registered with
Norwegian Register of Business Enterprises on or about 17 April 2019, and
delivery of the Offer Shares to investors’ VPS accounts is thereafter expected
to take place on or about 23 April 2019.

A prospectus dated 29 March 2019 (the “Prospectus”) prepared in connection with
the Subsequent Offering will be available electronically at www.nelhydrogen.com,
www.carnegie.no, www.sb1markets.no and www.norne.no, or by contacting Carnegie
AS, SpareBank 1 Markets AS or Norne Securities.

Carnegie AS, SpareBank 1 Markets AS and Norne Securities act as managers in the
Subsequent Offering (the “Managers”). Advokatfirmaet Thommessen AS acts as
Norwegian legal counsel.

For additional information, please contact:

Jon André Løkke, CEO, +47 9074 4949

Bent Skisaker, CFO, +47 468 21 693

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
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.

Important information:

The release is not for publication or distribution, in whole or in part directly
or indirectly, in or into Australia, Canada, Japan or the United States
(including its territories and possessions, any state of the United States and
the District of Columbia).

This release is an announcement issued pursuant to legal information
obligations, and is subject of the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act. It is issued for information
purposes only, and does not constitute or form part of any offer or solicitation
to purchase or subscribe for securities, in the United States or in any other
jurisdiction. The securities mentioned herein have not been, and will not be,
registered under the United States Securities Act of 1933, as amended (the
“Securities Act”). The securities may not be offered or sold in the United
States except pursuant to an exemption from the registration requirements of the
Securities Act. The Company does not intend to register any portion of the
offering of the securities in the United States or to conduct a public offering
of the securities in the United States. Copies of this announcement are not
being made and may not be distributed or sent into Australia, Canada, Japan or
the United States. The issue, exercise, purchase or sale of subscription rights
and the subscription or purchase of shares in the Company are subject to
specific legal or regulatory restrictions in certain jurisdictions. Neither the
Company nor the Managers assume any responsibility in the event there is a
violation by any person of such restrictions.

The distribution of this release may in certain jurisdictions be restricted by
law. Persons into whose possession this release comes should inform themselves
about and observe any such restrictions. Any failure to comply with these
restrictions may constitute a violation of the securities laws of any such
jurisdiction. Carnegie is acting for the Company and no one else in connection
with the Private Placement and will not be responsible to anyone other than the
Company for providing the protections afforded to their respective clients or
for providing advice in relation to the Private Placement and/or any other
matter referred to in this release.

http://www.netfonds.no/quotes/release.php?id=20190402.OBI.20190402S7

TekBot · april 2, 2019, 7:01am

02/04-2019 09:00:27: (NEL) Nel ASA: Exercise of options and issue of shares

(Oslo, 2 April 2019) The board of directors of Nel ASA (the “Company” or “Nel”)
has resolved, in accordance with the authorization granted by the general
meeting on 28 March 2019, to issue 3,490,864 new shares to fulfil the Company’s
…

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obligations, specified in the Company’s annual report 2017 (note 5), towards a
former employee of the Company’s US subsidiary Proton Energy Systems, Inc.
(“Proton OnSite”), thereby increasing the Company’s share capital by NOK
698,172.80.

The shares were subscribed at a total subscription/exercise price of NOK
1,689,578.18.

The Nel options held by the former employee were options in Proton OnSite
converted to options in Nel as part of the acquisition of Proton OnSite as of 30
June 2017.

Following the share capital increase, the share capital of Nel ASA will be NOK
240,389,761.20, divided into 1,201,948,806 shares, each with a par value of NOK
0.20. The share capital increase will be registered with the Norwegian Register
of Business Enterprises (Nw.: Foretaksregisteret) as soon as practically
possible after the share contribution has been fully paid.

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.

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

http://www.netfonds.no/quotes/release.php?id=20190402.OBI.20190402S17

InfoLeecher · april 2, 2019, 12:21pm

Både HEX og NEL holdt seg rolige frem til ca kl 12 idag. Også ble det volum og stigning i begge.
Noe som skjer?

Ikke konspiratorisk, men ville bare ha det ut der.
Sist hex var på den høyden var det ikke sammenlignbart.

tooeasy891 · april 2, 2019, 12:15pm

Begge selskapene er i Hannover på messe nå i dag, er alt jeg vet.

theroger · april 2, 2019, 2:08pm

baris · april 4, 2019, 6:34pm

Noen som kan komme med en oppsummering av denne?

TekBot · april 5, 2019, 9:50am

05/04-2019 11:49:26: (NEL) Nel ASA: Share capital increase registered

(Oslo, 5 April 2019) Reference is made to the stock exchange announcement by Nel
ASA (the “Company”) on 2 April 2019 regarding the exercise of options and issue
of 3,490,864 new shares.
…

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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 240,389,761.20 divided into
1,201,948,806 shares, each with a par value of NOK 0.20.

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.

http://www.netfonds.no/quotes/release.php?id=20190405.OBI.20190405S35

startw1n · april 5, 2019, 12:41pm

På 0:50 sier han “Denmark and Germany. No Denmark”. Forsnakkelse?

Joern87 · april 8, 2019, 8:23am

Mml · april 8, 2019, 12:26pm

Noen som har noen tanker rundt NEL og frem til Nikola World 16.-17. April?

Selv har jeg hatt troen på en kjapp gevinst på forventninger, men ble skremt av Powercell-meldingen siden NEL og Powercell er så nært knyttet.

I tillegg husker jeg hvordan Spb1 (tror det var de) drev med brannslukking i NAS før emisjonen. Etter at de solgte seg ut, nedgraderte de NAS. Kan det samme skje i NEL? Forsikre folk om at det er trygt, selge seg ut og så advare?

Jorove75 · april 8, 2019, 1:12pm

Klippet fra artikkelen fra hegnar.

“Det er en enorm forskjell på å ha en stor kontrakt og å håpe på en stor kontrakt,”

Det mener jeg også…

Løkke sa også på AX Exposure sitt nettintervju i juli i fjor at den kontrakten på 448 elektrolysører inkl fylleutstyr var en kontrakt Nikola ikke kunne komme seg ut av. Fritt etter min hukommelsen riktig nok, men det er slik jeg husker det.

Så jeg mener den frykten er per i dag ubegrunnet, men hvem vet. Ser galehuset på HO ihvertfall har tatt opp den tråden.

Mykle · april 8, 2019, 5:44pm

Personlig tror jeg vi får mer kjøtt på Nikolabeinet. Litt bekymringsverdig at Nel legger så mange egg i en kurv, så forventer at Løkke & co nå viser at de har kontroll med å synliggjøre verdier i Nikokakontrakten. To demostasjoner er ikke nok.
Nikola har kalt siste tilskudd for Tre. Norge nevnes som introduksjonsland i Europa. Kan det komme noe på starten av et stasjonsnettverk i Norge i samarbeid med UnoX, Nikola og eks. Bring?
Ellers ligger det flere triggere i luften, og veien til 7kr kan da gå fort.

Mykle · april 8, 2019, 7:38pm

Ellers er en oppdatering rundt Yara overmoden. Ser vi snart en Gigawatt factory?

Yara Australia hopper over pilot, og går rett på fullskala anlegg.

While the original plan was to build a test-site, about a year ago Yara Pilbara chose to skip straight to building a full-scale 100MW solar-powered commercial-scale green hydrogen plant with a 66MW electrolyser. If successful, it would be the first in the world.

Yara+Engie+Nel?

Utvilsomt spennende tider i møte, men fallhøyden øker. Godspeed and gudd løkk, Løkke!

anon99163478 · april 9, 2019, 2:40pm

Artikkelen har jo helt rett. Utenom Nikola-ordren er det nokså tynn suppe på ordreboken til NEL i fohold til en børsverdi på 7 milliarder.

Et annet punkt som er litt artig er hvordan en del debattanter her og på HO ikke har skjønt utvanningen som skjer i emisjoner. “Den har stått i 5 kroner før så den skal nok minst opp dit igjen” - og tar ikke mer at et selskap kan ha 3 ganger så mange aksjer som da kursen var der sist. En digresjon, men dog.

Mykle · april 9, 2019, 2:50pm

Da har ikke du fulgt selskapet godt. Så langt har emisjonene ikke vært noe hinder for at kursen når opp til samme høyder, selv om det er flere aksjer og desto høyere selskapsverdi.

TekBot · april 9, 2019, 5:28pm

09/04-2019 19:26:38: (NEL) Nel ASA: End of subscription period in the Subsequent Offering

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR
INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER
JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE
…
Vis børsmeldingen

UNLAWFUL.

(Oslo, 9 April 2019) Reference is made to the stock exchange announcement by Nel
ASA (“Nel” or the “Company”) on 2 April 2019, regarding the commencement of a
subsequent offering of up to 12,500,000 new shares (the “Offer Shares”) (the
“Subsequent Offering”).

The Subsequent Offering expired today, 9 April 2019, at 16:30 hours (CET). The
Company has received subscriptions for 41,149,685 Offer Shares from eligible
shareholders in the Subsequent Offering and the Subsequent Offering has
accordingly been significantly oversubscribed.

The Company’s board of directors will resolve the allocation of the subscribed
Offer Shares amongst the subscribers based on the allocation criteria set out in
the Company’s prospectus dated 29 March 2019 (the “Prospectus”) tomorrow
morning, 10 April 2019.

Notifications of allocated Offer Shares and the corresponding subscription
amount to be paid by each subscriber are expected to be distributed following
the allocation tomorrow morning. Payment for the allocated shares falls due on
12 April 2019 in accordance with the payment procedures described in the
Prospectus.

Subject to timely payment of the entire subscription amount in the Subsequent
Offering, the Company expects that the share capital increase pertaining to the
Subsequent Offering will be registered with the Norwegian Register of Business
Enterprises on or about 17 April 2019 and that the New Shares will be delivered
to the VPS accounts of the subscribers to whom they are allocated on or about 23
April 2019. The New Shares will be tradable immediately after the registration
of the share capital with the Norwegian Register of Business Enterprises.

Following the issuance of the Offer Shares, the issued share capital of the
Company will be NOK 242,889,761.20, divided into 1,214,448,806 shares, each with
a par value of NOK 0.20 (subject to allocation and payment for all the
subscribed Offer Shares).

The following primary insiders (or related parties thereof) of the Company have
subscribed for Offer Shares:
 Hanne Skaarberg Holen, Chair of the Board, has subscribed for 4,000 Offer
Shares
 Ole Enger, member of the Board, has subscribed for 5,000 Offer Shares
Carnegie AS, SpareBank 1 Markets AS and Norne Securities act as managers in the
Subsequent Offering (the “Managers”). Advokatfirmaet Thommessen AS acts as
Norwegian legal counsel.

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.

IMPORTANT INFORMATION

The release is not for publication or distribution, in whole or in part directly
or indirectly, in or into Australia, Canada, Japan or the United States
(including its territories and possessions, any state of the United States and
the District of Columbia).

This release is an announcement issued pursuant to legal information
obligations, and is subject of the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act. It is issued for information
purposes only, and does not constitute or form part of any offer or solicitation
to purchase or subscribe for securities, in the United States or in any other
jurisdiction. The securities mentioned herein have not been, and will not be,
registered under the United States Securities Act of 1933, as amended (the
“Securities Act”). The securities may not be offered or sold in the United
States except pursuant to an exemption from the registration requirements of the
Securities Act. The Company does not intend to register any portion of the
offering of the securities in the United States or to conduct a public offering
of the securities in the United States. Copies of this announcement are not
being made and may not be distributed or sent into Australia, Canada, Japan or
the United States. The issue, exercise, purchase or sale of subscription rights
and the subscription or purchase of shares in the Company are subject to
specific legal or regulatory restrictions in certain jurisdictions. Neither the
Company nor the Managers assume any responsibility in the event there is a
violation by any person of such restrictions.

The distribution of this release may in certain jurisdictions be restricted by
law. Persons into whose possession this release comes should inform themselves
about and observe any such restrictions. Any failure to comply with these
restrictions may constitute a violation of the securities laws of any such
jurisdiction. Carnegie is acting for the Company and no one else in connection
with the Private Placement and will not be responsible to anyone other than the
Company for providing the protections afforded to their respective clients or
for providing advice in relation to the Private Placement and/or any other
matter referred to in this release.

http://www.netfonds.no/quotes/release.php?id=20190409.OBI.20190409S100

Rahl · april 10, 2019, 6:12am

Solid overtegning altså. Nel går bra