Hexagon composite9/5/2023 ![]() ![]() ![]() It runs a composites reinforcements plant in Shelby, N.C., that mainly makes products used in wind turbines. Hexagon Devold, based in Langevag, Norway, is Hexagon Composites' composites reinforcements subsidiary. ![]() This information is made public by Hexagon Composites pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.Norwegian composites producer Hexagon Composites ASA is looking at options for its Hexagon Devold AS business, including its sale. Learn more at and follow on Twitter and LinkedIn. Our solutions enable storage, transportation, and conversion to clean energy in a wide range of mobility, industrial and consumer applications. ![]() Hexagon delivers safe and innovative solutions for a cleaner energy future. Telephone: +47 950 38 364 | Hexagon Composites ASA Ingrid Aarsnes, VP Investor Relations and ESG, Hexagon Composites ASA Hexagon Composites holds 650,418 own shares as of the date of this announcement. Transactions will be conducted in accordance with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and Commission Delegated Regulation (EU) No 2016/1052 ("Safe Harbour Regulation"). The share buybacks will be made in accordance with the authorization granted to the Board of Directors by the Company's Annual General Meeting held on 28 April 2022. The third party will make its trading decisions independently of, and uninfluenced by the Company. Hexagon Composites has engaged a third party to carry out the share buybacks in the market. The purpose of the program is to fulfil the Company's obligations under its incentive programs. The buyback program may be carried out in the period from this announcement and until 30 March 2023. 2 March 2023: Hexagon Composite ASA has decided to initiate a buyback of up to 350,000 of its own shares for an amount up to NOK 20 million. ![]()
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