Gaussin jumps on Charbone Hydrogen partnership

Gaussin SA

23/05/2022 08:38

** Shares in Gaussin  ALGAU.PA  are up 7.1%, after rising as
much as 11.7%, following the French transport and logistics
firm's signature of a partnership with Canada's Charbone
Hydrogen  CH.V   urn:newsml:reuters.com:*:nFWN2XD019
    ** The companies say the agreement includes an initial
license fee, technology transfer and know-how of 10 million
euros ($10.60 million) representing all costs, royalties of 5%
for future developments and exclusivity within Canada 
    ** Including today's rise, Gaussin stock has dropped by 38%
YTD​

($1 = 0.9435 euros)

 (Reporting by Elena Vardon)
 ((elena.vardon@tr.com))