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