Proposal for statutory restructuring plan
Inside information
Proposal for statutory restructuring plan
Kolding, Denmark, 25 March 2025 – Green Hydrogen Systems A/S (the "Company") today announces that the enclosed proposal for a statutory restructuring plan will be submitted to the District Court of Kolding (the "Court") and be sent to the Company's known creditors in accordance with section 11 c of the Danish Insolvency Act. The Court has appointed state-authorized public accountant Elan Schapiro as restructuring accountant.
The proposal for a statutory restructuring plan will be presented and voted on at a meeting with creditors to be held on 1 April 2025 at 10:30 AM CEST at the offices of the Court, Kolding Åpark 11, 1st floor, 6000 Kolding, Denmark.
If a proposal for a statutory restructuring plan is not adopted by the creditors, the Court could decide to terminate the in-court restructuring proceedings of the Company. At this stage it is uncertain whether a solution can be found, and further will be provided in due time.
Please see the enclosed proposal for the statutory restructuring plan and appendixes, including an English language translation of the documents.
For more info, please contact:
Ole Sommerlund, Head of Legal, +45 2784 6991, oso@greenhydrogen.dk