Metacon AB (publ) (“Metacon” or the “Company”) announces that trading in the Company’s shares will begin today, 26 September 2022, on the Nasdaq First North Growth Market.
The shares are traded on Nasdaq First North Growth Market with unchanged ticker META and ISIN code SE0003086214. There is no offer or issuance of new shares in connection with the Company’s shares being admitted to trading on the Nasdaq First North Growth Market. The shareholders of Metacon will not be required to take any action in connection with the list change.
“This is a milestone for Metacon and at the same time a natural step in the company’s plan to be able to develop into a larger international company in green hydrogen. We are now increasing our visibility to investors and we’re obtaining better conditions for value creation for Metacon and our shareholders”, commented Christer Wikner, President & CEO of Metacon.
Advisors
In connection with the completion of the list change, Metacon has engaged the law firm Schjødt as legal advisor.
About Metacon AB (publ)
Metacon AB (publ) develops and manufactures energy systems for the production of hydrogen, heat and electricity. The products in the Reforming business area are based, among other things, on a patented technology that generates hydrogen through so-called catalytic steam reforming of biogas or other hydrocarbons. The development of Metacon’s reforming products is done within the wholly owned subsidiary Helbio S.A: which is a spin-off from the University of Patra, Greece and was founded by Professor Xenophon Verykios in 2001. From the very beginning, the business has focused on catalysts and advanced reformers for highly efficient hydrogen production.
Metacon also offers complete filling stations for hydrogen and system solutions and facilities for the production of hydrogen through so-called electrolysis, a large and globally growing area for small- and large-scale production of green hydrogen. Electrolysis is a process of starting and driving a chemical reaction to cleave water by adding electricity. If the electricity used is non-fossil and green, hydrogen will also be completely climate neutral and green. Green hydrogen can be used in, among other areas, the transport sector, the basic industry and the real estate sector with a better environment and climate as a result. www.metacon.com
Read the most up to date Fuel Cell and Hydrogen Industry news at FuelCellsWorks
