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Tiedotteet
NEL ASA: Nel ASA: Nel and GM collaborate on cost competitive renewable hydrogen production
16.11.
2022

(Detroit, USA and Oslo, Norway, 16 November 2022) Nel Hydrogen US, a subsidiary of Nel ASA (Nel, OSE: NEL), has entered into a joint development agreement with General Motors (NYSE: GM) to help accelerate the industrialization of Nel's proton exchange membrane (PEM) electrolyser platform. By combining GM's extensive fuel cell expertise and Nel's deep knowledge of electrolysers, the two companies are looking to enable more cost competitive sources of renewable hydrogen.

Tiedotteet
NEL ASA: Nel ASA: Receives 40 MW electrolyser order from undisclosed North European client
14.11.
2022

(Oslo, 14 November 2022) Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Nel, OSE:NEL), has signed a NOK 120 million contract for alkaline electrolyser equipment with a high quality North European energy company. The contract also includes front-end engineering and design (FEED) study related to the deliveries.

This contract is for alkaline electrolyser equipment and related FEED, and includes pass-through mechanisms for steel and nickel price adjustments. Production of electrodes is estimated to be completed by end-2023.

ENDS

Tiedotteet
NEL ASA: Nel ASA: Share capital increase registered
25.10.
2022

(Oslo, 25 October 2022) Reference is made to the stock exchange announcement by Nel ASA (the "Company") on 21 October regarding the issuance of shares in Nel ASA. The share capital increase pertaining to the issuance of the 34,200 new shares has now been registered with the Norwegian Register of Business Enterprises. The Company's new registered share capital is 312,665,060.80, divided into 1,563,325,304 shares, each with a par value of NOK 0.20.

ENDS

For further information, please contact:

Kjell Christian Gyllensten Bjørnsen, CFO, +47 917 02 097

Tiedotteet
NEL ASA: Nel ASA: Exercise of employee share options and issue of shares
21.10.
2022

(Oslo, 21 October 2022) Nel ASA (the Company) today has resolved, in accordance with the authorization granted by the extraordinary general meeting on 2 August 2022, to issue 34,200 new shares to fulfil the Company's obligations in the groupwide share option program comprising all employees in Nel fulfilling certain criteria, specified in the Company's annual report (note 2.5), thereby increasing the Company's share capital by NOK 6,840. In total 2 employees in the group exercised options at the strike price of NOK 7.80. The options were granted in 2019.

ENDS

Tiedotteet
NEL ASA: Nel ASA: Third quarter 2022 financial results
20.10.
2022

(Oslo, 20 October 2022) Nel ASA (Nel, OSE:NEL) reported revenues of NOK 183 million in the third quarter of 2022, down from NOK 229 million in the same quarter of 2021. Third quarter order intake was NOK 775 million, up 456% from the same quarter last year, heavily impacted by the 200MW, EUR 45 million, purchase order from an undisclosed US customer. At the end of the third quarter the order backlog was 2 103 million, up 107% from Q3 2021.

Tiedotteet
NEL ASA: Nel ASA: Receives a NOK 600 million purchase order from Woodside Energy
15.10.
2022

(Oslo, 15 October 2022) Nel Hydrogen Electrolyser AS, a subsidiary of Nel ASA (Nel, OSE:NEL), has entered into a contract for alkaline electrolyser equipment from Australian company Woodside Energy for its proposed hydrogen project, H2OK, in Ardmore in the state of Oklahoma, US. The contract has a total value of about NOK 600 million.

"We are extremely proud to be elected by Woodside Energy, a quality company with a strong track record of developing high-quality assets, for this exciting and meaningful project", says Nel's CEO Håkon Volldal.

Tiedotteet
NEL ASA: Nel ASA: Invitation to presentation of Q3 2022 results
13.10.
2022

(Oslo, 13. October 2022) Nel ASA (Nel, OSE:NEL) will publish its third quarter 2022 report on Thursday 20 October at 07:00 CET, and host a presentation at 08:00 CET.

The presentation will be a virtual event only, followed by a Q&A session.

Tiedotteet
NEL ASA: Nel ASA: Receives funding from US Department of Defense, Engineer Research and Development Center- Construction Engineering Research Laboratory
4.10.
2022

(Oslo, October 4, 2022) Nel Hydrogen US, a subsidiary of Nel ASA (Nel, OSE: NEL), has been granted $5.6 million in funding from the US Department of Defense (DoD) for accelerating advanced PEM electrolyser stack development, to enable low-cost hydrogen storage and resiliency applications, in collaboration with the Engineer Research and Development Center- Construction Engineering Research Laboratory (ERDC- CERL).

Tiedotteet
NEL ASA: Nel ASA: Receives purchase order for a containerized electrolyser for sustainable aviation fuel production
13.9.
2022

(Oslo, 13 September 2022) Nel Hydrogen US, a subsidiary of Nel ASA (Nel, OSE:NEL), has received a contract for a containerized PEM electrolyser from LanzaJet, a leading developer of biofuel technology in the United States.

Tiedotteet
NEL ASA: Nel ASA: Mandatory notification of trade by primary insiders
26.8.
2022

(Oslo, 26 August 2022) Anders Søreng, CTO of Nel ASA ("Nel") has today sold 65,000 shares in Nel at an average share price of NOK 15.5687. After the transaction, Mr. Søreng holds 135,000 shares in Nel. Also, Jon André Løkke, Board Member of Nel, has today sold 450,000 in Nel at an average price of NOK 15.5844 per share. After the transaction, Mr. Løkke holds 550,000 shares in Nel.

This information is subject to the disclosure requirements in articles 19 of the Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the Norwegian Securities Trading Act.

Nel ASA