Metacon Invest €1.5 Million into Helbio and Increases its Shareholding

By August 26, 2019 < 1   min read  (181 words)

August 26, 2019 |

Fuel Cells Works, Metacon signs EPC partner agreement with GISAB (Jernbro) in electrolysis

Helbio Holdings has carried out a share capital increase of €1.5 million. Metacon AB subscribed for the full amount of the placement and was granted full allocation.

As a result, 14.087 new shares were issued at a subscription price of €106.48. Following the capital increase, Helbio Holdings capital is made up of 154,954 shares with a nominal value of €1 each, equating to a total share capital of €154,954. Metacon’s ownership in Helbio Holdings amounts to 56.63% post the new issuance of shares. Helbio Holdings S.A. owns 100% of Helbio S.A.

“We are happy with the result of the rights issue, the largest in the company’s history. The positive outcome will facilitate continued progress in the product development and increased production capacity for our products.” says, Xenophon Verykios, CEO of Helbio.

About Metacon AB (publ)
Metacon AB (publ) is an international energy technology company. It offers patented technology for cost efficient and environmentally friendly production of hydrogen, through a catalyst process, for the transportation, industrial, commercial- and residential real estate sector.

Read the most up to date Fuel Cell and Hydrogen Industry news at FuelCellsWorks


Author FuelCellsWorks

More posts by FuelCellsWorks
error: Alert: Content is protected !!