tiprankstipranks
Advertisement
Advertisement

Nel ASA Corrects Historical Insider Shareholding Record

Story Highlights
  • Nel ASA is a global hydrogen technology firm supplying electrolysers and fueling equipment to decarbonize key industrial sectors.
  • Nel ASA disclosed and registered a previously unreported 4,064-share holding linked to board member Hanna Blume, reinforcing regulatory compliance on insider ownership.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nel ASA Corrects Historical Insider Shareholding Record

Claim 30% Off TipRanks

NEL ASA ( (NLLSF) ) has provided an announcement.

Nel ASA, a leading hydrogen technology company focused on renewable hydrogen production and fueling solutions, supplies equipment that enables decarbonization in transportation, refining, steel, and ammonia industries. With nearly a century of history, the group has built a global footprint around electrolysers and hydrogen infrastructure supporting the green hydrogen economy.

The company disclosed a previously unreported historical shareholding of 4,064 Nel shares held since 2020 by the spouse of board member Hanna Blume, which has now been registered in line with securities regulations. Following this correction, Blume and her closely associated parties together hold 4,064 shares and no options in Nel, underscoring the firm’s efforts to ensure accurate insider ownership records and compliance with EU and Norwegian market abuse and securities rules.

The most recent analyst rating on (NLLSF) stock is a Hold with a NOK2.30 price target. To see the full list of analyst forecasts on NEL ASA stock, see the NLLSF Stock Forecast page.

More about NEL ASA

Nel ASA is a Norway-based pure-play hydrogen technology company with roots dating back to 1927 and a global presence. It specializes in electrolyser technology for producing renewable hydrogen and hydrogen fueling equipment for road vehicles, targeting decarbonization across sectors such as transportation, refining, steel, and ammonia.

YTD Price Performance: -6.09%

Average Trading Volume: 4,332,406

Current Market Cap: NOK3.85B

For a thorough assessment of NLLSF stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1