Metacon AB (publ) has received preliminary approval from Nasdaq regarding the relisting of the Nasdaq First North Growth Market

The Board of Directors of Metacon AB (publ) (“Metacon” or the “Company”) applied for and received preliminary approval from Nasdaq Stockholm AB (“Nasdaq”) regarding the admission to trading of its shares on the Nasdaq First North Growth Market. Given that Metacon has formally applied for approval, met the usual conditions at the time of application and finally been approved by Nasdaq, the change of list is expected to be completed in September or in the first half of October 2022.

As previously announced, the Board of Directors believes that changing the market for the Company’s shares on the Nasdaq First North Growth Market is a natural step in This is Metacon development. The move will create better conditions for future value creation for the Company’s shareholders through the expected increased liquidity of This is Metacon securities and an increased interest in the Company from analysts, the public, institutional investors and other stakeholders. The Nasdaq First North Growth Market listing is also considered a quality seal to potential customers, partners and suppliers. Given that Metacon received final approval from Nasdaq, the shares of Metacon will trade with the unchanged ticker META and ISIN code SE0003086214. The shareholders of Metacon is not required to take any action related to the proposed list change.

“Of course we are happy with the positive message from the Nasdaq and look forward to the change in the market place to get better conditions to increase value creation for Metacon and our shareholders, will facilitate future growth and accelerate our international expansion”, commented Christer WiknerPresident and CEO of Metacon.

Counselors

In connection with the completion of the list change, Metacon engaged Advokatfirman Schjødt as legal advisor and negotiated with Aktieinvest AB as a Certified Adviser in connection with the planned listing on the Nasdaq First North Growth Market. Until then, Eminova Fondkommission AB continue to act as a Mentor for Metacon.

For more information, Contact Christer Wiknerby phone 0707-647389 or e-mail info@metacon.se

About Metacon AB (public)

Metacon AB (publ) develops and manufactures energy systems for the production of hydrogen, heat and electricity. The products of the Reforming business area are based, among other things, on a patented technology that creates hydrogen through the so-called catalytic steam reforming of biogas or other hydrocarbons. The development of This is Metacon the reformulation of products is carried out within the wholly owned subsidiary Helbio SA: which is a spin-off from University of Patras, Greece and founded by Professor Xenophon Verykios in 2001. From the beginning, the business has focused on catalysts and advanced reformers for highly efficient hydrogen production.

Metacon also offers complete filling stations for hydrogen and system solutions and facilities for the production of hydrogen by so-called electrolysis, a large and global growing area for small and large-scale production of green hydrogen. Electrolysis is a process of starting and driving a chemical reaction to break down water by adding electricity. If the electricity used is not fossil and green, hydrogen can also be completely climate neutral and green. Green hydrogen can be used in, among other areas, the transport sector, the basic industry and the real estate sector with a better environment and climate as a result.www.metacon.com

For more information see:

www.metacon.com | Twitter: @Metaconab | LinkedIn: www.linkedin.com/company/metaconab

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Metacon AB
Tomtebogatan 2, SE-703 43 Örebro, SWEDEN | Phone: +46 19 126800 | Email: info@metacon.com

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