Hexagon Purus ASA: Results for the first quarter 2024 Selected key developments in Q1 2024: All-time high quarterly revenue of NOK 407 million in the first quarter of 2024, up 67% from the first quarter of 2023;EBITDA of NOK -97 million in the first quarter of 2024. This corresponds to an EBITDA margin of -24%, up from -46% in the first quarter of 2023;Issued convertible bond of approximately NOK 1,000 million following approval by an Extraordinary General Meeting (EGM) on 11 January 2024. Bond issue supported by Mitsui & Co., Ltd., Hy24 and Hexagon Composites;Construction of all new pro...
Hexagon Purus ASA: Invitation to the presentation of first quarter 2024 results Hexagon Purus ASA's first quarter results 2024 will be released on 3 May 2024, 07:00 CET. Morten Holum (CEO) and Salman Alam (CFO) will present the results at 08:30 CET and the presentation will be broadcasted live via . The presentation will be held in English and will be virtual. A recording of the presentation will be made available on For more information: Mathias Meidell, IR Director, Hexagon Purus ASATelephone: +47 909 82 242 | Salman Alam, CFO, Hexagon Purus ASA Telephone: +47 476 12 713 | Ab...
Hexagon Purus ASA: Minutes of Annual General Meeting The annual general meeting of Hexagon Purus ASA was held today, 16 April 2024 in Oslo, Norway. All proposals on the agenda were adopted as proposed. Complete minutes of the annual general meeting are attached to this release and are also available on For more information Mathias Meidell, IR Director, Hexagon Purus ASA Telephone: +47 909 82 242 | About Hexagon Purus ASA Hexagon Purus enables zero emission mobility for a cleaner energy future. The company is a world leading provider of hydrogen Type 4 high-pressure cylin...
Correction: Hexagon Purus ASA: Integrated Annual Report 2023 (Oslo, 19 March 2024) The Board of Directors of Hexagon Purus ASA has approved the company's Integrated Annual Report for 2023. 2023 represents the inaugural integrated annual report for Hexagon Purus, bringing together financial and sustainability reporting into a combined document, recognizing the significance of sustainability to our operational and financial performance. Please find attached the Integrated Annual Report for 2023 (PDF and European Single Electronic Format). The report is also available on . For more ...
Hexagon Purus ASA: Notice of Annual General Meeting The Annual General Meeting of Hexagon Purus ASA will be held on 16 April 2024 at 10:00 CET at the offices of law firm Schjødt, Tordenskiolds Gate 12, Oslo, Norway. Please find attached the notice of the Annual General Meeting with attendance/proxy forms and the Board of Directors' proposed resolutions for the Annual General Meeting. All documents related to the Annual General Meeting are available at Shareholders should note that additional information on proceedings of the meeting may be given and announced on the company's webs...
Hexagon Purus ASA: Integrated Annual Report 2023 (Oslo, 19 March 2024) The Board of Directors of Hexagon Purus ASA has approved the company's Integrated Annual Report for 2023. 2023 represents the inaugural integrated annual report for Hexagon Purus, bringing together financial and sustainability reporting into a combined document, recognizing the significance of sustainability to our operational and financial performance. Please find attached the Integrated Annual Report for 2023 (PDF and European Single Electronic Format). The report is also available on . For more information:...
Hexagon Purus ASA: Issue of shares under the Company's LTIP plan The long term incentive plan of December 2020 (the "2020 LTIP") for Hexagon Purus ASA (the "Company") vested upon approval of the 2023 annual financial statements. Consequently, the Company's board of directors, has resolved to issue in total 909,742 new shares to the entitled employees pursuant to the authorization to issue shares granted on 25 May 2023. Following registration of the share issue, the Company's registered share capital will be NOK 27,770,719.80, divided into 277,709,198 shares, each having a face value of NO...
Hexagon Purus ASA: Award of performance share units and restricted share units Hexagon Purus ASA ("Purus" or "the Group") has decided to provisionally award up to 1,040,000 Restricted Share Units ("RSUs") and 1,940,000 Performance Share Units ("PSUs", collectively, the "Units") which may result in an award of maximum 4,920,000, shares to executive management and other leading employees of the Group under the 2024 Long-Term Incentive Program (the "LTIP"). The purpose of the program is to align the interests of the participants with those of the Company's shareholders. The number of shares t...
Hexagon Purus ASA: Results for the fourth quarter 2023 Selected key developments in Q4 2023 and after balance sheet date: Revenue of NOK 366 million in the fourth quarter of 2023. Full-year 2023 revenue ended at NOK 1,320 million, up 37% year-over-year;EBITDA ended at NOK -129 million in the fourth quarter of 2023. Full-year 2023 EBITDA ended at NOK -445 million, translating to a relative EBITDA margin of -34%, up from -42% for the full-year 2022 and 54% for the full-year 2021; Raised approximately NOK 1,000 million in gross proceeds from a convertible bond issue announced in Decem...
Hexagon Purus selected by New Flyer for the fourth time as partner for the hydrogen bus market in North America (Oslo, Norway, 7 February 2024) Hexagon Purus, a world leading manufacturer of zero-emission mobility and infrastructure solutions, has been selected as supplier of hydrogen cylinders for the fourth year in a row by New Flyer, a subsidiary of NFI Group Inc. (“NFI”), a leading independent global manufacturer of bus and coach solutions, playing an active leadership role in zero-emission transportation. New Flyer proudly delivers low- and zero-emission heavy-duty transit buses to cus...
Hexagon Purus ASA – Settlement of bond issue completed Reference is made to the announcement by Hexagon Purus ASA (the "Company") of 20 December 2023 concerning the completion of the issue of convertible bonds with gross proceeds of approximately NOK 1,000 million (the "Bond Issue"). The Bond Issue was approved by the Company's Extraordinary General Meeting on 11 January 2024. Settlement of the Bond Issue has now been completed and bonds have been issued to the subscribers. As communicated in the 20 December 2023 announcement, the Board of Directors has resolved to include Nicole Verme...
Hexagon Purus ASA: Invitation to the presentation of fourth quarter 2023 results Hexagon Purus ASA's fourth quarter results 2023 will be released on 13 February 2024, 07:00 CET. Morten Holum (CEO) and Salman Alam (CFO) will present the results at 08:30 CET and the presentation will be broadcasted live via . The presentation will be held in English and will be virtual. A recording of the presentation will be made available on For more information: Mathias Meidell, IR Director, Hexagon Purus ASATelephone: +47 909 82 242 | Salman Alam, CFO, Hexagon Purus ASA Telephone: +47 476 12 71...
Hexagon Purus opens new hydrogen infrastructure and systems manufacturing hub in Weeze, Germany (Oslo, 25 January 2024) Hexagon Purus, a world leading manufacturer of zero-emission mobility and hydrogen infrastructure solutions, has expanded its primary manufacturing facility in Weeze, Germany for engineering and production of hydrogen infrastructure products including systems for distribution, refueling and stationary storage. Hexagon Purus is ramping up its capacity to meet growing customer demand for hydrogen infrastructure solutions as the world transitions to clean energy sou...
Notifiable transaction Hexagon Purus ASA (the "Company") has received the attached notification form concerning the purchase of bonds in the Company by Hexagon Composites ASA, a closely associated enterprise of Jon Erik Engeset, who is a member of the Company's board of directors. Please refer to the attached form for further information. This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act Attachment
Hexagon Purus ASA: Minutes of Extraordinary General Meeting The extraordinary general meeting of Hexagon Purus ASA was held today, 11 January 2023 at 12:00 (CET). All proposals on the agenda were adopted as proposed. Complete minutes of the extraordinary general meeting are attached to this release and are also available on For additional information, please contact: Salman Alam, CFO, Hexagon PurusTelephone: | (mailto: ) Mathias Meidell, Director Investor Relations, Hexagon PurusTelephone: | (mailto: ) About Hexagon Purus Hexagon Purus en...
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