Hydrogen-Refueling-Solutions (HRS) lists on Euronext Growth Paris

Largest IPO on Euronext Growth Paris since the creation of the market segment
by IFSC News
09 Feb 2021
IFSC

International Financial Services Centre

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.

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