Hexagon Purus ASA has recently entered into an agreement with Mitsui & Co, Ltd., a significant step in the management of their NOK 800,000,000 Senior Unsecured Convertible Bonds 2023/2028 and NOK 999,950,000 Senior Unsecured Convertible Bonds 2024/2029. The agreement outlines that Mitsui will not be able to exercise its right to convert to ordinary shares or dispose of any Convertible Bonds without obtaining written consent from Hexagon Purus' Board of Directors. This restriction, known as the 'Additional Lock-up,' applies exclusively to Mitsui and aims to ensure stability in the Convertible Bonds' positions until specific dates or until the company achieves profitability. The agreement also specifies exceptions where the Additional Lock-up does not apply, such as in the event of a Corporate Transaction Event or default. Hexagon Purus, a prominent player in the field of zero-emission mobility, specializes in providing hydrogen Type 4 high-pressure cylinders, battery systems, and vehicle integration solutions for fuel cell electric and battery electric vehicles. Their products find application across a wide range of sectors including various types of vehicles, ground storage, distribution, and even aerospace. This strategic focus on sustainable transportation solutions reflects the company's commitment to enabling a cleaner energy future. For further details, interested parties can contact Mathias Meidell, the Investor Relations Director, or Salman Alam, the Chief Financial Officer of Hexagon Purus. The company's innovative contributions to the field can be explored on their website and social media platforms.