Hexagon delivers safe and innovative solutions for a cleaner energy future. The Group has 1100 employees across 23 global locations.
Hexagon Composites ASA (the “Company” or “Hexagon Composites”) announced its intention on August 24, 2020, to spin off Hexagon Purus and apply for Hexagon Purus’ shares to be admitted to trading on Euronext Growth Oslo/Merkur Market, a multilateral trading facility operated by the Oslo Stock Exchange.
Statsminister Erna Solberg og olje- og energiminister Tina Bru avholdt nylig sitt toppmøte for hydrogen, hvor næringslivet ble invitert til å gi innspill til det kommende veikartet for hydrogen i Norge.
Please see attached document.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG OR JAPAN OR THE UNITED STATES, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.
Reference is made to the stock exchange notice in relation to the Written Resolution dated November 17 2020, proposing, amongst other items, a waiver from the dividend restriction to enable the transfer of up to 15% of the Company’s shares in Hexagon Purus to the shareholders of the Company, in conjunction with the intended Spin Off of Hexagon Purus.
Hexagon Composites ASA (“Hexagon”) has requested Nordic Trustee AS as Bond Trustee to issue a notice of written resolution in respect of its NOK 1,100,000,000 senior unsecured bond issue, HEX03 - ISIN NO0010846280 (the "Bond"), in the context of proposing certain amendments to the terms of the Bond as set out in the attached notice of the written resolution.
The extraordinary general meeting of Hexagon Composites ASA was held today, Friday 13 November 2020 in Aalesund, Norway.
Hexagon Purus has signed a multi-year master frame agreement with Everfuel to deliver multiple units of newly designed 45-foot, hydrogen distribution systems. The systems will be used to transport hydrogen to refueling stations serving hydrogen fuel cell electric passenger car fleets (e.g. taxis), trucks and buses, driving the transition to green hydrogen in several European cities. At signing, Everfuel ordered its first six distribution units under the new frame agreement.
Reference is made to the stock exchange announcement issued by Hexagon Composites on 22 September 2020, regarding our Virtual Capital Markets Day on 17 November 2020.
In the third quarter of 2020, Hexagon Group generated NOK 770 (770) million in revenues and recorded an operating profit before depreciation (EBITDA) of NOK 65 (49) million. Hexagon Ragasco results remained robust and Agility experienced a record strong quarter as it recovered from the sharp impacts of the global pandemic in the previous quarter. Hexagon Mobile Pipeline, however, remained impacted by the pandemic and resulting macro factors, as well as lower North American onshore oil and gas activity.
Hexagon Purus, a subsidiary of Hexagon Composites, has been awarded a purchase order by Hino Trucks, a Toyota Group company, for three trucks as part of their development plan for Project Z.
Hexagon Purus has signed a contract with Stadler Rail to develop cylinder storage system for the first hydrogen commuter train in the U.S.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, JAPAN, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA OR THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSESSIONS, ANY STATE OF THE UNITED STATES OF AMERICA AND THE DISTRICT OF COLUMBIA) OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.
An Extraordinary General Meeting of Hexagon Composites ASA will be held on 13 November 2020 at 13:00 CET at the company’s offices in Korsegata 4B, Aalesund, Norway.
Hexagon Composites (“The Company”), as reported in its Stock Exchange Release of 8 October 2020, approached Bondholders in regards to its senior unsecured bond issue (HEX03 - ISIN NO NO0010846280), detailing a proposal to amend the terms of the Bond to ring-fence Hexagon Purus from the definition of the Hexagon Group and permit a one-time non-cash distribution of up to 25% of the shares of Hexagon Purus to existing Hexagon Composites ASA shareholders.
Hexagon Composites ASA’s third quarter 2020 results will be released on 6 November 2020, 07:00 CET.
Reference is made to the stock exchange release made on 8 October 2020 by Hexagon Composites ASA (“Hexagon” or the “Company”) regarding a notice of written resolution in respect of its senior unsecured bond issue, HEX03 - ISIN NO NO0010846280. Hexagon has been notified by Nordic Trustee AS as Bond Trustee that the proposal has received a sufficient number of negative votes for the proposal to be rejected prior to the expiry of the voting period. The proposed amendments to the terms of the bond are thus withdrawn.
Hexagon Composites ASA (“Hexagon” or the “Company”) has requested Nordic Trustee AS as Bond Trustee to issue a notice of written resolution in respect of its NOK 1,100,000,000 senior unsecured bond issue, HEX03 - ISIN NO NO0010846280 (the "Bond"), in the context of proposing certain amendments to the terms of the Bond, as set out in the attached copy of the notice and presentation prepared in connection with the written resolution.
Sindre Rotevatn, Senior Finance Manager and primary insider in Hexagon Composites, has today transferred the ownership of 7,000 shares in Hexagon Composites from his company Bonsens AS to him personally. The company is 100% controlled by Sindre Rotevatn.
Hexagon Composites will host a virtual Capital Markets Day on Tuesday 17 November 2020, from 09:00-12:00 CET.
Our solutions enable storage, transport and conversion to cleanenergy in a wide range of g-mobility & e-mobility, industry and consumer applications.
Hexagon provides clean fuel solutions to major OEMs & fleets around the world
Hexagon’s fuel tanks are ideal for light-duty vehicles due to their light weight, safety, efficiency and durability
Hexagon’s Mobile Pipeline solutions enable safe gas distribution where a pipeline does not exist
Our LPG cylinders are the modern alternative to steel cylinders combining safety, quality, design and innovation
Hexagon is at the forefront of providing clean energy solutions for the maritime industry
Hexagon is at the forefront of providing clean energy solutions for the rail industry
2020 marks the beginning of a new era for energy: as the potential for hydrogen to become part of our global energy system becomes a reality, we can expect fewer emissions and improved security and flexibility
Chairman and CEO of Air Liquide and Co-chair of the Hydrogen Council