Hydrogen-Refueling-Solutions (HRS) lists on Euronext Growth Paris – Largest IPO on Euronext Growth Paris since the creation of the market segment

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Hydrogen-Refueling-Solutions (HRS) lists on Euronext Growth Paris – Largest IPO on Euronext Growth Paris since the creation of the market segment

Founded in 2004, Hydrogen-Refueling-Solutions (HRS) is a pioneer in hydrogen mobility. A European designer and manufacturer of hydrogen refuelling stations, the company has been committed to the decarbonisation of transport for over 10 years.

HRS was listed on 9 February through the admission to trading of the 15,160,851 shares making up its equity, of which 3,343,695 new shares were issued under a Global Offering1, excluding the over-allotment option.

The admission and issue price of HRS shares was set at €25.30 per share. Market capitalisation was €383.57   million on the day of listing. The offering raised €84.6 million altogether.

The offering was a resounding success with international institutional and individual investors. The public offering was oversubscribed 4.85 times and the open price offering was oversubscribed 12.34 times.

Article Published: 09/02/2021