HYDROGEN REFUELING SOLUTIONS (HRS): HRS Wins Euronext 2021 IPO Award in the “Small and Midcap” category-June 7, 2022 17:00

HRS received the Euronext 2021 IPO Award in the “Small & Midcap” category.

Grenoble, June 7, 2022-HRS, Designers and Manufacturers, European Leader in Hydrogen Refueling Stations

At the 10th edition of the Euronext Annual Conference in Paris on June 7, 2022, we announced the awarding of the 2021 Euronext IPO Pricing – “Small & Midcap” category.

Each year, Euronext’s Equity Market Grand Prix aims to highlight the most important businesses in its area of ​​activity and encourage market best practices. For each category, the winner will be selected by an expert judge, taking into account quantitative and qualitative criteria.

In this 2022 edition, four awards have been awarded. Two are IPO categories (Small & Midcap and Large Cap) and two are Equity Financial Transactions (Small & Midcap and Large Cap).

This award pays homage to the success of the initial public offering.

HRS

It has been the largest IPO on the Euronext Growth® market to date. To be on the safe side, this operation, carried out in February 2021, was a huge success.

HRS

Raise 97.3 million euros. This enthusiasm has been supported by a large number of individual investors, as well as major French and international institutional investors. This was indicated by aggregate demand, which was 5.7 times the initial supply of stocks.

This award is

HRS

In 2021, there were a record number of IPOs and 33 transactions with Euronext and Euronext’s growth.

Hassen Rachedi, Founder Chairman and CEO

HRS

Olivier Dez, Deputy Chief Executive Officer, said:

We are very proud to have won this award for the best IPO Small & Midcap 2021 at the Euronext Grand Prix on the stock market. It rewards the largest funding since its inception in the Euronext Growth Market. We would like to express our sincere gratitude to our investors for the trust and enthusiasm surrounding the project, and for all the partners who have contributed to the success of this project.

With the funds raised, we have already significantly accelerated development and played a major role in the democratization of hydrogen in transportation. With high capacity stations of 1 ton / day or more, we plan to accelerate further in the next few months. Manufactured on future industrial premises, these stations are state-of-the-art, France’s leader in this field and can solidify their position as one of the largest manufacturers in Europe. increase.

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About HRS

Hydrogen-Refueling-Solutions created in 2004 (

HRS

), Formerly TSM, is a pioneer in hydrogen mobility. As a European designer and manufacturer of hydrogen refueling stations, we have been working on decarbonizing transportation for over a decade.

With our own know-how and experience

HRS

Has developed all types of hydrogen refueling stations that can be used in all types of fuel cell vehicles and perfectly meet the needs of the fast-growing European market. At the site of Chanshurdrak,

HRS

With mass production capacity to assemble up to 60 units a year at record speed, it takes only 8 weeks. The new 14,300 m² production site in the Grenoble region of Champagne (Isere), planned for fall 2022, will increase HRS capacity to reach 180 stations annually.

During the 2020/2021 fiscal year, we achieved revenue of € 10.5 million. As of December 31, 2021, the company has 79 employees. ISIN code: FR0014001PM5-mnemonic: ALHRS

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Gregory Saint Marc

[email protected]

like that. 01 53 67 36 94

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Ann-Catherine Hello

[email protected]

like that. 01 53 67 36 93


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