Entry of a Strategic Investor - Conclusion of an Investment Agreement and a Cooperation Agreement with Johnson Matthey

ACCESSWIRE
25 May 2022, 22:25 GMT+10

BERLIN, GERMANY / ACCESSWIRE / May 25, 2022 / Enapter AG (ISIN: DE000A255G02) today successfully concluded negotiations for the entry of a strategic investor. Enapter has agreed on an investment agreement and a cooperation agreement with Johnson Matthey (ISIN: GB00BZ4BQC70), a multinational specialty chemicals and sustainable technologies company headquartered in London, United Kingdom.

Johnson Matthey will acquire approximately 1.05 million Enapter shares at a price of EUR 19.00 per share within the framework of the current capital increase, thus investing a total amount of approximately EUR 20 million. Furthermore, Enapter and Johnson Matthey have agreed on a strategic cooperation in the field of catalysts and membrane development with a minimum term until 31 March 2026. During the term of the cooperation, the cooperation partners will share joint developments and grant a license to use each other's proprietary developments after an exclusivity period of 36 months.

End of public disclosure under MAR Article 17

Additional Information

About Enapter AG:
Enapter is an award-winning energy technology company producing highly efficient hydrogen generators to replace fossil fuels. Its patented and proven Anion Exchange Membrane (AEM) technology allows for the mass production of low-cost, plug-&-play electrolysers for green hydrogen at any scale. The modular systems are already used in 47 countries in sectors like energy, mobility, industry, heating and telecommunications.

Company Contacts

Enapter AG
Reinhardstr. 35 10117 Berlin
info@enapterag.de
https://enapterag.de/en/

SOURCE: Enapter AG

View source version on accesswire.com:
https://www.accesswire.com/702661/Entry-of-a-Strategic-Investor--Conclusion-of-an-Investment-Agreement-and-a-Cooperation-Agreement-with-Johnson-Matthey

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Chicago Chronicle.

More Information

76 ℉

Mostly Cloudy / Windy in Chicago/Midway

International

Section

UK's Telegraph news block in Russia due to war coverage

MOSCOW, Russia: The UK newspaper, the Telegraph, has been blocked in Russia, following a request from the Russian prosecutor-general.The TASS ...

Airbus captain tries to land at Lahore runway closed two years ago

LAHORE, Pakistan - An Airbus 320 carrying 171 passengers narrowly avoided an accident at Allama Iqbal International Airport, Pakistan's second-largest ...

Biden vows to combat effects of Supreme Court decision on Roe v. Wade

WASHINGTON, DC - U.S. President Joe Biden on Friday vowed to "do all in my power" to protect a woman's ...

Myanmar junta minister discusses nuclear cooperation with Russia

YANGON, Myanmar - According to military-run media, a junta delegation discussed nuclear technology collaboration with a Russian state-owned atomic energy ...

U.S. to provide Tk2.3 crore as emergency funding for northern Bangladesh

DHAKA, Bangladesh - The United States Agency for International Development (USAID) is providing more than Tk2.3 crore in emergency funding ...

661 pound freshwater fish caught in Cambodia river

PHNOM PENH, Cambodia: Cambodian villagers on the Mekong River have caught a stingray fish weighing 661 pounds, which is the ...

Illinois

Section