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HEXo Hexagon Composites ASA News Story

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Brief: Hexagon Composites BoD Recommends To Distribute Hexagon Purus Shares As Dividend-In-Kind

June 7 (Reuters) - Hexagon Composites ASA  HEX.OL :
    * CALLS FOR EGM TO REQUESTS AUTHORIZATION TO DISTRIBUTE UP
TO 25%
OF TOTAL OUTSTANDING SHARES IN HEXAGON PURUS AS DIVIDEND-IN-KIND
TO ITS SHAREHOLDERS
    * AS RESULT OF SHARE DISTRIBUTION HEXAGON COMPOSITES'
OWNERSHIP
WILL DECREASE SIGNIFICANTLY
    * WILL UNDERTAKE A NON-CONTROLLING OWNERSHIP IN HEXAGON
PURUS
    * SUBJECT TO EGM APPROVAL, PROPOSED DIVIDEND IN KIND WILL BE
DISTRIBUTED EARLY IN Q3 2023

Source text for Eikon:  ID:nGNE7yLfY1 
Further company coverage:  HEX.OL 

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