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Green Hydrogen Systems Director's Dealing 2021

Jun 17, 2021

3401_rns_2021-06-17_a91e1592-3f46-4e0f-9b40-d3d3b815672a.pdf

Director's Dealing

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GREEN HYDROGEN SYSTEMS

Company announcement 6/2021

Reporting of transactions made by persons discharging managerial responsibilities and persons closely associated with them in Green Hydrogen Systems' shares

Kolding, Denmark, 17 June 2021 – Reference is made to company announcement no. 1/2021 dated 7 June 2021 as published by Green Hydrogen Systems A/S in connection with the initial public offering (the "Offering") and admission to trading and official listing of Green Hydrogen Systems' shares on Nasdaq Copenhagen A/S.

Pursuant to the Market Abuse Regulation article 19, Green Hydrogen Systems hereby notifies receipt of information of the following transactions made by persons discharging managerial responsibilities in Green Hydrogen Systems and persons closely associated with them in Green Hydrogen Systems' shares and other financial instruments linked thereto.

Transactions made in connection with the Offering

In connection with the Offering, the following transactions have been made by persons discharging managerial responsibilities in Green Hydrogen Systems and persons closely associated with them in Green Hydrogen Systems' shares and other financial instruments linked thereto:

1. Details of the person discharging managerial responsibilities/person closely associated
a) Name Thyge Boserup
2. Reason for the notification
a) Position/status Chairman of the board of directors in Green Hydrogen Systems A/S
b) Initial notification/amendment Initial notification
3. Details of the issuer, emission, allowance market participant, auction platform, auctioneer or auction monitor
a) Name Green Hydrogen Systems A/S
b) LEI 984500COESDF699DEC11
4. Details of the transaction(s):
a) Description of the financial instrument, type of instrument Shares
Identification code Temporary Purchase Certificates (temporary ISIN: DK0061540424) to be exchanged with shares (permanent ISIN: DK0061540341)
b) Nature of the transaction Subscription for new shares
c) Price(s) and volume(s) Price(s) Volume(s)

Nordager 21 – DK-6000 Kolding – Tel: +45 7550 3500 – Email: [email protected] – www.greenhydrogen.dk


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DKK 40 25,000
d) Aggregated information - Aggregated volume - Price Average price per share: DKK 40
Total number of shares: 25,000
Total price: DKK 1,000,000
e) Date of the transaction 17 June 2021
f) Place of the transaction Outside a trading venue
1. Details of the person discharging managerial responsibilities/person closely associated
--- --- --- ---
a) Name Karen-Marie Katholm
2. Reason for the notification
a) Position/status Member of the board of directors in Green Hydrogen Systems A/S
b) Initial notification/amendment Initial notification
3. Details of the issuer, emission, allowance market participant, auction platform, auctioneer or auction monitor
a) Name Green Hydrogen Systems A/S
b) LEI 984500COESDF699DEC11
4. Details of the transaction(s):
a) Description of the financial instrument, type of instrument Identification code Shares
Temporary Purchase Certificates (temporary ISIN: DK0061540424) to be exchanged with shares (permanent ISIN: DK0061540341)
b) Nature of the transaction Subscription for new shares
c) Price(s) and volume(s) Price(s) Volume(s)
DKK 40 12,500
d) Aggregated information - Aggregated volume - Price Average price per share: DKK 40
Total number of shares: 12,500
Total price: DKK 500,000
e) Date of the transaction 17 June 2021
f) Place of the transaction Outside a trading venue
1. Details of the person discharging managerial responsibilities/person closely associated
--- --- ---
a) Name Christian Clausen
2. Reason for the notification
a) Position/status Member of the board of directors in Green Hydrogen Systems A/S
b) Initial notification/amendment Initial notification
3. Details of the issuer, emission, allowance market participant, auction platform, auctioneer or auction monitor
a) Name Green Hydrogen Systems A/S
b) LEI 984500COESDF699DEC11
4. Details of the transaction(s):

Nordager 21 - DK-6000 Kolding - Tel: +45 7550 3500 - Email: [email protected] - www.greenhydrogen.dk


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| a) | Description of the financial instrument, type of instrument Identification code | Shares
Temporary Purchase Certificates (temporary ISIN: DK0061540424) to be exchanged with shares (permanent ISIN: DK0061540341) | |
| --- | --- | --- | --- |
| b) | Nature of the transaction | Subscription for new shares | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| | | DKK 40 | 125,000 |
| d) | Aggregated information
– Aggregated volume
– Price | Average price per share: DKK 40
Total number of shares: 125,000
Total price: DKK 5,000,000 | |
| e) | Date of the transaction | 17 June 2021 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | | |
| --- | --- | --- | --- |
| a) | Name | Thomas Thune Andersen | |
| 2. | Reason for the notification | | |
| a) | Position/status | Member of the board of directors in Green Hydrogen Systems A/S | |
| b) | Initial notification/amendment | Initial notification | |
| 3. | Details of the issuer, emission, allowance market participant, auction platform, auctioneer or auction monitor | | |
| a) | Name | Green Hydrogen Systems A/S | |
| b) | LEI | 984500COESDF699DEC11 | |
| 4. | Details of the transaction(s): | | |
| a) | Description of the financial instrument, type of instrument Identification code | Shares | |
| | | Temporary Purchase Certificates (temporary ISIN: DK0061540424) to be exchanged with shares (permanent ISIN: DK0061540341) | |
| b) | Nature of the transaction | Subscription for new shares | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| | | DKK 40 | 31,250 |
| d) | Aggregated information
– Aggregated volume
– Price | Average price per share: DKK 40 | |
| | | Total number of shares: 31,250 | |
| | | Total price: DKK 1,250,000 | |
| e) | Date of the transaction | 17 June 2021 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| --- | --- | --- |
| a) | Name | Lars Valsøe Bertelsen |
| 2. | Reason for the notification | |
| a) | Position/status | Member of the board of directors in Green Hydrogen Systems A/S |

Nordager 21 – DK-6000 Kolding – Tel: +45 7550 3500 – Email: [email protected] – www.greenhydrogen.dk


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b) Initial notification/amendment Initial notification
3. Details of the issuer, emission, allowance market participant, auction platform, auctioneer or auction monitor
a) Name Green Hydrogen Systems A/S
b) LEI 984500COESDF699DEC11
4. Details of the transaction(s):
a) Description of the financial instrument, type of instrument Shares
Identification code Temporary Purchase Certificates (temporary ISIN: DK0061540424) to be exchanged with shares (permanent ISIN: DK0061540341)
b) Nature of the transaction Subscription for new shares
c) Price(s) and volume(s) Price(s) Volume(s)
DKK 40 5,000
d) Aggregated information - Aggregated volume - Price Average price per share: DKK 40
Total number of shares: 5,000
Total price: DKK 200,000
e) Date of the transaction 17 June 2021
f) Place of the transaction Outside a trading venue
1. Details of the person discharging managerial responsibilities/person closely associated
--- --- --- ---
a) Name ArosBay Invest ApS
2. Reason for the notification
a) Position/status Closely associated person to Lars Valsøe Bertelsen, member of the board of directors of Green Hydrogen Systems A/S
b) Initial notification/amendment Initial notification
3. Details of the issuer, emission, allowance market participant, auction platform, auctioneer or auction monitor
a) Name Green Hydrogen Systems A/S
b) LEI 984500COESDF699DEC11
4. Details of the transaction(s):
a) Description of the financial instrument, type of instrument Identification code Shares
Temporary Purchase Certificates (temporary ISIN: DK0061540424) to be exchanged with shares (permanent ISIN: DK0061540341)
b) Nature of the transaction Subscription for new shares
c) Price(s) and volume(s) Price(s) Volume(s)
DKK 40 7,500
d) Aggregated information - Aggregated volume - Price Average price per share: DKK 40
Total number of shares: 7,500
Total price: DKK 300,000
e) Date of the transaction 17 June 2021

Nordager 21 - DK-6000 Kolding - Tel: +45 7550 3500 - Email: [email protected] - www.greenhydrogen.dk


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f) Place of the transaction Outside a trading venue

1. Details of the person discharging managerial responsibilities/person closely associated
a) Name Nordic Alpha Partners Fund I K/S
2. Reason for the notification
a) Position/status Closely associated person to Troels Øberg, vice chairman of the board of directors of Green Hydrogen Systems A/S and Jakob Fuhr Hansen, member of the board of directors of Green Hydrogen Systems A/S
b) Initial notification/amendment Initial notification
3. Details of the issuer, emission, allowance market participant, auction platform, auctioneer or auction monitor
a) Name Green Hydrogen Systems A/S
b) LEI 984500COESDF699DEC11
4.1 Details of the transaction(s):
a) Description of the financial instrument, type of instrument Identification code Shares
Temporary Purchase Certificates (temporary ISIN: DK0061540424) to be exchanged with shares (permanent ISIN: DK0061540341)
b) Nature of the transaction Subscription for new shares
c) Price(s) and volume(s) Price(s) Volume(s)
DKK 40 929,562
d) Aggregated information - Aggregated volume - Price Average price per share: DKK 40
Total number of shares: 929,562
Total price: DKK 37,182,480
e) Date of the transaction 17 June 2021
f) Place of the transaction Outside a trading venue
4.2 Details of the transaction(s):
a) Description of the financial instrument, type of instrument Identification code Shares
Temporary Purchase Certificates (temporary ISIN: DK0061540424) to be exchanged with shares (permanent ISIN: DK0061540341)
b) Nature of the transaction Lending of shares in connection with the Overallotment Option granted by the Company to the Stabilization Manager on behalf of the Joint Global Coordinators
c) Price(s) and volume(s) Price(s) Volume(s)
N/A 4,125,000
d) Aggregated information - Aggregated volume - Price Average price per share: N/A
Total number of shares: 4,125,000
Total price: N/A
e) Date of the transaction 17 June 2021
f) Place of the transaction Outside a trading venue

Nordager 21 - DK-6000 Kolding - Tel: +45 7550 3500 - Email: [email protected] - www.greenhydrogen.dk


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GREEN HYDROGEN SYSTEMS

1. Details of the person discharging managerial responsibilities/person closely associated
a) Name Norlys Holding A/S
2. Reason for the notification
a) Position/status Closely associated person to Lars Valsøe Bertelsen, member of the board of directors in Green Hydrogen Systems A/S
b) Initial notification/amendment Initial notification
3. Details of the issuer, emission, allowance market participant, auction platform, auctioneer or auction monitor
a) Name Green Hydrogen Systems A/S
b) LEI 984500COESDF699DEC11
4. Details of the transaction(s):
a) Description of the financial instrument, type of instrument Identification code Shares
Temporary Purchase Certificates (temporary ISIN: DK0061540424) to be exchanged with shares (permanent ISIN: DK0061540341)
b) Nature of the transaction
c) Price(s) and volume(s) Price(s) Volume(s)
DKK 40 92,956
d) Aggregated information
- Aggregated volume
- Price Average price per share: DKK 40
Total number of shares: 92,956
Total price: DKK 3,718,240
e) Date of the transaction 17 June 2021
f) Place of the transaction Outside a trading venue

For more info please contact:

Investors: Jens Holm Binger, Head of IR, +45 6065 6525, [email protected]

Media: Aleksandra Lozinska, Head of Marketing and Media Relations, +45 4414 0344, [email protected]

Green Hydrogen Systems in brief

Green Hydrogen Systems is a clean technology company and a leading provider of standardised and modular electrolysers for the production of green hydrogen solely based on renewable energy. With its wide range of possible applications, green hydrogen plays a key role in the ongoing fundamental shift in our energy systems towards a net-zero emission society in 2050. As a result, the demand for green hydrogen is surging, requiring a significant scale-up of electrolysis capacity. Founded in 2007 and building on more than 10 years of technology development, Green Hydrogen Systems today have a commercially proven and cost-competitive electrolysis technology endorsed by leading green energy companies.

Nordager 21 – DK-6000 Kolding – Tel: +45 7550 3500 – Email: [email protected] – www.greenhydrogen.dk