HYON changes name to Knox Energy Solutions AS in a transformation to build an energy investment company.
(HYON; OSE: HYON) Reference is made to the stock exchange announcement by Hyon AS (the “Company”) on 16 April 2024 regarding the Company’s extraordinary general meeting resolution to issue 156,647,596 new shares (the “New Shares”) and to change the Company’s name and purpose in order to complete the transaction with Blue Concept Ltd. announced by the Company on 31 March 2024 (the Transaction”).
The share capital increase related to the issuance of the 156,647,596 New Shares and the change of the Company’s name and purpose has today been registered in the Norwegian Register of Business Enterprises. The Company’s new registered share capital is NOK 2,122,151.17, divided into 212,215,117 shares, each with a nominal value of NOK 0.01. Each share represents one vote at the Company’s general meeting.
The Company (ticker HYON) changes name to Knox Energy Solutions AS (ticker KNOX) in a transformation to build an energy investment company.
The Company’s primary asset today is 20% shareholding in Rapid Oil Ltd, a company that owns 15% of the fully carried Fyne licence, planned to start production late 2026.
The Company will seek investments into projects and acquisitions in the energy sector.
As announced on 16 March 2024, Geir Aune and Georges Lambert have been elected as the board of directors. The change in board members has not been registered yet, as the registration must be submitted as a separate notification, since an application for a D-number is required.
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HYON changes name to Knox Energy Solutions AS in a transformation to build an energy investment company. source