Cavendish Hydrogen ASA - Board Resolution to Increase Share Capital
Prenumeration
Beskrivning
| Land | Norge |
|---|---|
| Lista | Oslo Bors |
| Sektor | Energi & Miljö |
| Industri | Energikällor |
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June 2, 2026 - Oslo Norway: Reference is made to the stock exchange announcement by Cavendish Hydrogen ASA (the "Company", Oslo Børs Ticker: CAVEN) on May 5, 2026 where the Company announced a strategic equity investment and long-term cooperation with BHDT GmbH ("BHDT") including an issuance of new shares to BHDT through a direct share issue (the "Share Issue").
The board of directors of the Company has today, on June 2, 2026 and in accordance with the board authorization granted by the annual general meeting on May 26, 2026, resolved to issue 5,940,749 new shares to BHDT, each with a nominal value of NOK 2 and at a subscription price of NOK 8.73 per share, equivalent to a total cash contribution to the Company of about NOK 52 million.
Completion of the Share Issue is inter alia conditional upon the share capital increase being registered with the Norwegian Register of Business Enterprises, expecting to take place on or about June 19, 2026. Following the Share Issue, the Company's new share capital will be NOK 79,117,788 divided into 39,558,894 shares, each with a par value of NOK 2.
The Company will send a separate stock exchange announcement once the registration has been made.
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