METACON AB


Associated tags: University, Electrolysis, Hydrogen, Environment, Heat, Hydrocarbon, Climate, Electricity

Locations: SWEDEN, EU

Metacon and Siemens enter into collaboration for the manufacture of systems for green hydrogen production

Retrieved on: 
Tuesday, May 7, 2024

STOCKHOLM, May 7, 2024 /PRNewswire/ -- Metacon AB (publ) and Siemens AB have signed a Memorandum of Understanding to enter into a partnership with the aim of accelerating the manufacturing of hydrogen production systems in Sweden, for the European market.

Key Points: 
  • STOCKHOLM, May 7, 2024 /PRNewswire/ -- Metacon AB (publ) and Siemens AB have signed a Memorandum of Understanding to enter into a partnership with the aim of accelerating the manufacturing of hydrogen production systems in Sweden, for the European market.
  • One of the key components of PERIC's alkaline technology is efficient and proven 5 MW modules with over 10 years of operating data.
  • Metacon also has access to the 10 MW module that PERIC recently launched and which today, in terms of power and production, is one of the world's largest.
  • With the exclusive right, Metacon now aims to become one of the market leaders in Europe for this type of large-scale hydrogen plants.

Metacon publishes Year-end report for 2023

Retrieved on: 
Thursday, March 28, 2024

On November 9, Metacon announces that they enter into a strategic partnership with WattAnyWhere for the rollout of off-grid EV charging stations.

Key Points: 
  • On November 9, Metacon announces that they enter into a strategic partnership with WattAnyWhere for the rollout of off-grid EV charging stations.
  • On November 13, Metacon announces approved CE marking of HHG 50 for the production of green hydrogen from biogas.
  • On December 4, Metacon announces a change of name of its subsidiary Helbio S.A to Metacon S.A.
    On December 20, the Board of Directors of Metacon announces its intention to decide on a rights issue of units of approximately SEK 120 million.
  • This information is information that Metacon AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation.

Metacon's Nomination Committee for the Annual General Meeting 2024

Retrieved on: 
Monday, March 4, 2024

STOCKHOLM, March 4, 2024 /PRNewswire/ -- In accordance with the resolution of Metacon's Annual General Meeting 2023, the company's Nomination Committee for the Annual General Meeting 2024 shall consist of representatives appointed by the three largest shareholders in terms of voting rights as of December 31, 2023, according to the share register maintained by Euroclear Sweden.

Key Points: 
  • STOCKHOLM, March 4, 2024 /PRNewswire/ -- In accordance with the resolution of Metacon's Annual General Meeting 2023, the company's Nomination Committee for the Annual General Meeting 2024 shall consist of representatives appointed by the three largest shareholders in terms of voting rights as of December 31, 2023, according to the share register maintained by Euroclear Sweden.
  • The member appointed by the largest shareholder in terms of voting rights shall be appointed Chairman of the Nomination Committee.
  • The Nomination Committee has been constituted in accordance with the principles adopted by the Annual General Meeting and has the following composition:
    Shareholders who wish to submit proposals to the Nomination Committee regarding the composition of the Board of Directors can do so by e-mail to [email protected] or by letter to Metacon AB, Nomination Committee, Drottninggatan 1B, 753 10 Uppsala, no later than April 12, 2024.
  • The Nomination Committee's proposals will be presented in the notice to the Annual General Meeting 2024 and will be published on Metacon's website together with the Nomination Committee's reasoned statement.

Metacon raises approximately SEK 100 million in the rights issue

Retrieved on: 
Tuesday, February 20, 2024

STOCKHOLM, Feb. 20, 2024 /PRNewswire/ -- On 19 February 2024, Metacon AB (publ) ("Metacon" or the "Company") announced the preliminary outcome for the Company's rights issue of up to 68,517,160 units, each unit consisting of six (6) shares and two (2) warrants of series TO 1 in the Company (the "Rights Issue"). The subscription price in the Rights Issue was SEK 1.74 per unit, corresponding to SEK 0.29 per share (the warrants of series TO 1 are issued free of charge). The Company has received the final outcome of the Rights Issue, which is in line with the preliminary results, which concludes that 34,215,600 units, corresponding to approximately 49.9 percent of the Rights Issue, have been subscribed for with the support of unit rights. Additionally, 2,727,145 units, corresponding to approximately 4.0 percent of the Rights Issue, have been subscribed for without the support of unit rights. In aggregate, the subscriptions with the support of unit rights and the applications for subscription without the support of unit rights correspond to approximately 53.9 percent of the Rights Issue. Hence, guarantee commitments of 20,531,392 units, corresponding to approximately 30.0 percent of the Rights Issue, will be utilized. The Rights Issue will provide the Company with proceeds of approximately SEK 100.0 million before deduction of costs related to the Rights Issue. Upon full exercise of all the warrants of series TO 1, at the maximum subscription price of SEK 0.44, the Company is expected to raise up to an additional approximately SEK 50.6 million before deduction of cost related to the warrants.

Key Points: 
  • Additionally, 2,727,145 units, corresponding to approximately 4.0 percent of the Rights Issue, have been subscribed for without the support of unit rights.
  • In aggregate, the subscriptions with the support of unit rights and the applications for subscription without the support of unit rights correspond to approximately 53.9 percent of the Rights Issue.
  • The Rights Issue will provide the Company with proceeds of approximately SEK 100.0 million before deduction of costs related to the Rights Issue.
  • The Rights Issue will provide the Company with proceeds of approximately SEK 100.0 million before deduction of costs related to the Rights Issue.

Metacon publishes prospectus in connection with the rights issue

Retrieved on: 
Tuesday, January 30, 2024

STOCKHOLM, Jan. 30, 2024 /PRNewswire/ -- On 25 January 2024, Metacon AB (publ) ("Metacon" or the "Company") announced that the Board of Directors, with the support of the authorization granted by the extraordinary general meeting held on 24 January 2024, had resolved on a rights issue of units, consisting of new shares and warrants, of approximately SEK 119.2 million (the "Rights Issue). Today, Metacon announces that the prospectus relating to the Rights Issue has been approved by the Swedish Financial Supervisory Authority (the "SFSA") and has been made available on Metacon's webpage, https://metacon.se/rights-issue-2024/ , together with other information related to the Rights Issue (the "Prospectus"). The Prospectus will also be made available on Pareto Securities' webpage, www.paretosec.com, and at the SFAS's webpage, https://www.fi.se/sv/vara-register/prospektregistret/

Key Points: 
  • Today, Metacon announces that the prospectus relating to the Rights Issue has been approved by the Swedish Financial Supervisory Authority (the "SFSA") and has been made available on Metacon's webpage, https://metacon.se/rights-issue-2024/ , together with other information related to the Rights Issue (the "Prospectus").
  • The Prospectus has been prepared as a simplified prospectus for secondary issuances in accordance with Article 14 of Regulation (EU) 2017/1129 (the "Prospectus Regulation").
  • The SFSA, as the Swedish national competent authority, has approved the Prospectus in accordance with Article 20 of the Prospectus Regulation.
  • The SFSA only approves the Prospectus as meeting the standards of completeness, comprehensibility and consistency imposed by the Prospectus Regulation.

Metacon has entered into an exclusive license agreement with PERIC giving Metacon rights to build a 'Gigafactory' for the manufacture of own electrolysis systems

Retrieved on: 
Thursday, January 25, 2024

The agreement gives Metacon an exclusive right for a large number of countries in Europe to manufacture complete Hydrogen Generation Systems (HGS) based on PERIC's world-leading technology for pressurized alkaline electrolysis modules (stacks).

Key Points: 
  • The agreement gives Metacon an exclusive right for a large number of countries in Europe to manufacture complete Hydrogen Generation Systems (HGS) based on PERIC's world-leading technology for pressurized alkaline electrolysis modules (stacks).
  • Metacon will evaluate different forms of financing for the new factory including national and EU support programs.
  • PERIC has also launched a 10 MW electrolysis module, which is the largest in the world today.
  • This information is information that Metacon AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation.

Bulletin from the Extraordinary General Meeting of Metacon AB (publ)

Retrieved on: 
Wednesday, January 24, 2024

STOCKHOLM, Jan. 24, 2024 /PRNewswire/ -- Metacon AB (publ), corporate identity number 556724-1616 (the "Company"), has held an Extraordinary General Meeting today, 24 January 2024, at Advokatfirman Schjødt, Hamngatan 27, Stockholm.

Key Points: 
  • STOCKHOLM, Jan. 24, 2024 /PRNewswire/ -- Metacon AB (publ), corporate identity number 556724-1616 (the "Company"), has held an Extraordinary General Meeting today, 24 January 2024, at Advokatfirman Schjødt, Hamngatan 27, Stockholm.
  • The Extraordinary General Meeting resolved, in accordance with the board of directors' proposal, to amend § 4 and § 5 in the articles of association.
  • The Extraordinary General Meeting resolved, in accordance with the board of directors' proposal, to authorise the board of directors to, on one or several occasions up until the next annual general meeting, resolve on issues of shares, warrants and/or convertibles.
  • The minutes from the Extraordinary General Meeting, including the complete resolutions, will be made available at the Company and on the Company's website, www.metacon.com .

Notice to Extraordinary General Meeting in Metacon AB (publ)

Retrieved on: 
Wednesday, December 20, 2023

556724-1616 (the "Company"), are hereby invited to the extraordinary general meeting to be held on 24 January 2024 at 09.00 CET at Advokatfirman Schjødt, Hamngatan 27, Stockholm.

Key Points: 
  • 556724-1616 (the "Company"), are hereby invited to the extraordinary general meeting to be held on 24 January 2024 at 09.00 CET at Advokatfirman Schjødt, Hamngatan 27, Stockholm.
  • The proxy, in its original form, as well as any registration certificates, should be submitted well in advance of the meeting to Metacon AB (publ), "EGM", Drottninggatan 1B, SE-753 10 Uppsala, Sweden.
  • The board of directors proposes that the extraordinary general meeting shall resolve to authorise the board of directors to, on one or several occasions up until the next annual general meeting, resolve on issues of shares, warrants and/or convertibles.
  • In the event that the extraordinary general meeting resolves in accordance with the board of directors' proposal under this item 8, this issue authorisation shall replace the issue authorisation that the annual general meeting adopted on 8 June 2023.

Westport Joins Forces with Transportation and Energy Partners to Demonstrate ICE Hydrogen-Powered Transport in Sweden

Retrieved on: 
Tuesday, December 12, 2023

The collaboration between Westport and key transportation and energy partners includes:

Key Points: 
  • The collaboration between Westport and key transportation and energy partners includes:
    KAJ Inrikes, fleet operator, a "green-focused" haulage company, performing transport for IKEA and other key customers in the Älmhult and Jönköping area.
  • Metacon AB, hydrogen fuel provider, a Sweden-based supplier of energy technology, including electolyzers and reformers for refining biogas into fossil-free hydrogen.
  • Hydri AB, hydrogen infrastructure company, building and operating a complete network of green hydrogen refueling stations in Sweden.
  • Kaj Johansson, president of KAJ Inrikes, commented, "As the first heavy transport hauler in Sweden to be Euro VI compliant, we take emissions reduction very seriously.

Westport Joins Forces with Transportation and Energy Partners to Demonstrate ICE Hydrogen-Powered Transport in Sweden

Retrieved on: 
Tuesday, December 12, 2023

VANCOUVER, BC, Dec. 12, 2023 /PRNewswire/ --Westport Fuel Systems Inc. ("Westport" or the "Company") (TSX: WPRT) (Nasdaq: WPRT), a leading supplier of advanced alternative fuel systems and components for the global transportation industry, today announced the successful completion of a heavy transport demonstration with KAJ Inrikes and others, of its H2 HPDI™ fuel system-equipped prototype truck hauling a trailer filled with IKEA home-furnishing products in Älmhult, Sweden. This is the second validation of the H2 HPDI system in a heavy haul application with a major fleet in the last 60 days1 and represents an important step in accelerating decarbonization in the heavy-duty transport industry.

Key Points: 
  • The collaboration between Westport and key transportation and energy partners includes:
    KAJ Inrikes, fleet operator, a "green-focused" haulage company, performing transport for IKEA and other key customers in the Älmhult and Jönköping area.
  • Metacon AB, hydrogen fuel provider, a Sweden-based supplier of energy technology, including electolyzers and reformers for refining biogas into fossil-free hydrogen.
  • Hydri AB, hydrogen infrastructure company, building and operating a complete network of green hydrogen refueling stations in Sweden.
  • Kaj Johansson, president of KAJ Inrikes, commented, "As the first heavy transport hauler in Sweden to be Euro VI compliant, we take emissions reduction very seriously.