Nel ASA: Key information relating to the subsequent offering

(Oslo, 28 February 2017) Reference is made to announcement by Nel ASA (the "Company" or "NEL") on 27 February 2017 concerning a private placement of new shares and a subsequent offering with non-tradable subscription rights for eligible shareholders.

Date on which the terms of the subsequent offering was announced:27 February 2017
Last day including right to receive subscription rights:27 February 2017
First day excluding right to receive subscription rights:         28 February 2017
Record date:1 March 2017
Maximum number of new shares in the subsequent offering:            10,000,000
Subscription price:               NOK 2.72
Shall the rights be listed:    NO

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This article was originally posted on news.cision.com -

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