Hexagon Composites ASA, a leading provider of composite pressure vessels and infrastructure solutions, recently announced that they are considering a personal placement as a way to raise capital for future growth and expansion. This move comes at a time when the company is seeing increased demand for their products and services, and is looking to capitalize on this momentum. The company’s decision to ponder a personal placement comes as no surprise, given the current market conditions and the need for additional funding to support their ambitious growth plans. With a focus on innovation and sustainability, Hexagon Composites ASA has positioned itself as a key player in the composite pressure vessel industry, and is well positioned to take advantage of the growing demand for alternative fuel solutions. By considering a personal placement, Hexagon Composites ASA is looking to tap into new sources of capital that will enable them to accelerate their growth and expand their reach in key markets. This move will not only help the company to strengthen its financial position, but will also provide them with the resources needed to invest in new technologies and develop cutting-edge solutions that will drive future growth. In conclusion, Hexagon Composites ASA’s decision to ponder a personal placement is a strategic move that will enable them to capitalize on the current market opportunities and position themselves for long-term success. With a focus on innovation and sustainability, the company is well positioned to continue its growth trajectory and deliver value to its customers and shareholders alike. As they move forward with their plans for a personal placement, investors can expect to see Hexagon Composites ASA emerge as a key player in the composite pressure vessel industry, driving innovation and growth in the years to come.
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Hexagon Composites ASA, a leading provider of composite pressure vessels and infrastructure solutions, recently announced that they are considering a personal placement as a way to raise capital for future growth and expansion. This move comes at a time when the company is seeing increased demand for their products and services, and is looking to capitalize on this momentum.

The company’s decision to ponder a personal placement comes as no surprise, given the current market conditions and the need for additional funding to support their ambitious growth plans. With a focus on innovation and sustainability, Hexagon Composites ASA has positioned itself as a key player in the composite pressure vessel industry, and is well positioned to take advantage of the growing demand for alternative fuel solutions.

By considering a personal placement, Hexagon Composites ASA is looking to tap into new sources of capital that will enable them to accelerate their growth and expand their reach in key markets. This move will not only help the company to strengthen its financial position, but will also provide them with the resources needed to invest in new technologies and develop cutting-edge solutions that will drive future growth.

In conclusion, Hexagon Composites ASA’s decision to ponder a personal placement is a strategic move that will enable them to capitalize on the current market opportunities and position themselves for long-term success. With a focus on innovation and sustainability, the company is well positioned to continue its growth trajectory and deliver value to its customers and shareholders alike. As they move forward with their plans for a personal placement, investors can expect to see Hexagon Composites ASA emerge as a key player in the composite pressure vessel industry, driving innovation and growth in the years to come.

The recent announcement by Hexagon Composites ASA regarding a private placement of shares has stirred interest in the market. The company has appointed DNB Markets as the sole bookrunner for this placement, with the aim of raising NOK 300 million in proceeds.

The private placement will involve the issuance of new common shares to investors, with the subscription price to be determined through an accelerated book-building process. The net proceeds from this placement will be used for various purposes, including funding potential acquisition opportunities, increasing working capital for Hexagon Agility, supporting Hexagon Purus, reducing long-term debt, and for general corporate purposes.

Investors interested in participating in this private placement must meet certain eligibility criteria and comply with relevant regulations. The minimum application amount has been set at the NOK equivalent of EUR 100,000, although the Board may allocate shares to applicants below this amount, subject to exemptions from prospectus requirements.

Allocation of shares will be at the discretion of the Board, based on various criteria such as ownership in the company, investment history, and sector knowledge. The shares allocated in this private placement will be tradable upon allocation and settled through a delivery versus payment transaction.

The completion of this private placement is subject to corporate resolutions being validly passed, and the share lending agreement being in full force and effect. The company reserves the right to modify or cancel the placement before the allocation is notified.

By structuring this transaction as a private placement, Hexagon Composites ASA aims to raise capital efficiently and at a market-based price. The Board believes that this placement is in compliance with regulatory requirements and is in the best interest of the company and its shareholders.

Overall, the private placement by Hexagon Composites ASA presents an opportunity for investors to participate in the company’s growth and strategic initiatives. With DNB Markets as the sole bookrunner, the placement is expected to be executed smoothly and efficiently. Hexagon Composites ASA recently announced that Advokatfirmaet Schjødt AS is acting as the company’s legal consultant for a pondered personal placement. This information is subject to disclosure obligations under Norwegian Securities Trading Act Category 5-12 and was issued as insider information under the EU Market Abuse Regulation.

The announcement, made by Ingrid Aarsnes, VP ESG & Corporate Compliance at Hexagon Composites ASA, highlights the importance of legal counsel in the upcoming personal placement. This move signifies the company’s commitment to ensuring compliance with relevant regulations and laws in the financial market.

For further information regarding the personal placement, interested parties can contact David Bandele, CFO of Hexagon Composites ASA. The company’s focus on cleaner energy solutions for various industries underscores its dedication to sustainability and innovation.

While the announcement is not intended for publication or distribution in certain jurisdictions such as Australia, Canada, Japan, Hong Kong, South Africa, or the United States, it reflects Hexagon Composites ASA’s strategic approach to financing and growth opportunities. The company is focused on providing cutting-edge solutions for a cleaner energy future, making it a key player in the mobility and industrial sectors.

In conclusion, the pondered personal placement by Hexagon Composites ASA demonstrates the company’s commitment to sustainable practices and growth in the clean energy sector. With legal counsel from Advokatfirmaet Schjødt AS, the company is poised to navigate the complexities of the financial market and ensure compliance with relevant regulations. This strategic move highlights Hexagon Composites ASA’s dedication to innovation and environmental responsibility in the pursuit of a cleaner energy future. Hexagon Composites ASA, a leading provider of composite pressure vessel technology, recently announced a contemplated private placement. This news has sparked interest among investors and industry experts alike, as the company continues to grow and innovate in the field of alternative energy solutions.

The private placement is not intended as a recommendation for investment, but rather as an opportunity for interested parties to participate in the future growth of Hexagon Composites ASA. It is important to note that this announcement does not constitute an offer of any securities described herein, and individuals should be aware of any restrictions that may apply in their jurisdiction.

With a focus on sustainability and reducing carbon emissions, Hexagon Composites ASA is at the forefront of developing advanced solutions for a cleaner energy future. The company’s innovative technology has been recognized globally for its efficiency and reliability, making it a key player in the transition to a more sustainable energy landscape.

As the demand for alternative energy sources continues to rise, Hexagon Composites ASA is well-positioned to capitalize on this trend and deliver cutting-edge solutions to its customers. The contemplated private placement will provide the company with the necessary resources to further expand its operations and accelerate the development of new technologies.

In conclusion, the contemplated private placement by Hexagon Composites ASA represents a significant opportunity for investors to be part of a leading company in the alternative energy sector. With a strong focus on innovation and sustainability, Hexagon Composites ASA is poised for continued growth and success in the years to come. Interested parties should stay tuned for further updates on this exciting development in the world of composite pressure vessel technology.