Sandnes (Norway), 11 September 2024
Reference is made to previous stock exchange announcements by Soiltech ASA (OSE ticker: STECH) regarding the merger with Oceanteam, with Soiltech as the acquiring company, and the subsequent listing of all shares in Soiltech on Euronext Expand, a regulated market operated by Oslo Børs. Trading in the Shares on Euronext Expand commences today, 11 September 2024.
“This is a milestone in Soiltech’s history. Soiltech is a technology company supporting the decarbonisation work in the oil and gas industry. We have had steady and profitable growth over the years and the IPO gives us access to growth capital to continue the growth. We see increased demand for our technologies for waste reduction, waste recycling and reuse, driven by stricter environmental requirements globally”, says Jan Erik Tveteraas, CEO of Soiltech.
About Soiltech
Soiltech is an innovative technology company specializing in the treatment, recycling and sustainable handling of contaminated water and solid waste at site. Our technologies enable cost savings and lower CO2 emissions through waste reduction, waste recovery and reuse.
Soiltech operates world-wide and is headquartered in Norway
For more information, contact:
Tove Vestlie, CFO
Telephone: (+47) 90 69 06 48
Jan Erik Tveteraas, CEO
Telephone: (+47) 95 21 49 25