Lucas’s comments on how Metacon became the majority shareholder of Botnia Hydrogen. ![]()
Metacon recently announced that it has increased its ownership in Botnia Hydrogen AB and has become the majority shareholder. The transaction was carried out through a set-off issue and does not affect the company’s current cash position. We view the arrangement positively, as it supports Metacon’s expansion into the growing hydrogen-based road transport sector, although the immediate financial impact is likely to be limited.