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Photocat A/S: 4th Quarter 2016 Interim Report S

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Post# of 301275
(Total Views: 121)
Posted On: 02/23/2017 11:45:17 AM
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Posted By: News Desk 2018
Photocat A/S: 4th Quarter 2016 Interim Report

SIGNIFICANT EVENTS

DURING Q4.2016

  • Photocat delivered 15 tonnes of NOxOFF to Germany.
  • The Berlin based bitumen membrane manufacturer Quandt Dachbanen held the symposium "Building with Conscience". The event celebrated Quandt's contribution to the air quality in Berlin.
  • Photocat and Quandt extended the existing agreement regarding NOxOFF increasing revenue expectations for 2017.
  • Photocat assigned Quandt as distributor of Photocat Garden for the German and Austrian market.
  • Photocat assigned PICA AB as a distributor of Photocat Garden for the Swedish market.
  • Photocat entered into partnership with Prefabricados Roda S.L. to offer NOxOFF concrete tiles.
  • Photocat entered into partnership with Prefabricados Adybor to offer NOxOFF concrete tiles.
  • ASAK Miljøstein A/S launched its collaboration with Bellona to reduce NOx levels in Norwegian cities.
  • Nethe Rosa Hjørland elected as new boardmember at the extraordinary general assembly.
AFTER Q4.2016
  • Photocat enters into partnership with Troldtekt A/S to develop a new line of photocatalytic acoustic ceilings.
  • Photocat completed a private placement of MSEK 11.8 in equity to Danish institutional investor.
  • Photocat established a warrants program for management and key employees

About Photocat: Photocat manufactures patented coating materials for both outdoor and indoor applications with the effect to degrade NOx and VOCs when exposed to light. Both NOx and VOCs are severely damaging to human health. Photocat's patented technology is a very efficient and an economically viable alternative to many of the traditional technologies targeting NOx (e.g. bus catalysts, flue gas cleaning etc.). Photocat's shares are listed on Nasdaq Stockholm, First North with the ticker symbol PCAT. The company's Certified Advisor is Redeye AB

For More Information, Please Contact: Adam Sagedahl, Strategic Director at Photocat                    Tel: +45 42 75 95 46                          e-mail: adam.sagedahl@photocat.net   

Photocat A/S is obliged to publicize this information in accordance with the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at CET 17:30 on February 23rd 2017. 

Attachments:

http://www.globenewswire.com/NewsRoom/Attachm...7eb0cc3c45



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