Hydro gets commitment for more than 90 percent of Alumetal shares

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Hydro gets commitment for more than 90 percent of Alumetal shares

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Hydro is a leading industrial company committed to a sustainable future. Our purpose is to create more viable societies by developing natural resources into products and solutions in innovative and efficient ways.

After completion of the transaction, Hydro will have a sufficient majority of shares to initiate steps to delist Alumetal from the WSE and subsequently fully integrate the Polish aluminium recycling company into Hydro.

Subscriptions for the sale of Alumetal shares in the tender offer at PLN 82 per share will only be accepted until Friday, June 30. Hydro's share purchase transaction is expected to be concluded on July 5 and settled on July 7.

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