Brief: Nel Signs Collaboration Agreement, Conducts Private Placement With Samsung E&A

Nel ASA

12/03/2025 06:19

March 12 (Reuters) - Nel ASA NEL.OL:

SAID ON TUESDAY SIGNS COLLABORATION AGREEMENT AND CONDUCTS PRIVATE PLACEMENT WITH SAMSUNG E&A

SAMSUNG E&A WILL PURCHASE 10% OF NEWLY ISSUED NEL  SHARES THROUGH DIRECT PLACEMENT

POST TRANSACTION OWNERSHIP OF 9.1%

TOTAL CONSIDERATION IS ABOUT NOK 353 MILLION

AS RESULT OF TRANSACTION, SAMSUNG E&A WILL BECOME LARGEST SINGLE SHAREHOLDER IN NEL

Source text: ID:nWkr4WxJMK

Further company coverage: NEL.OL

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