Approval of all resolutions recommended by the Board of Directors

La Motte-Fanjas (France), May 20, 2020 – 5:45 pm CEST – McPhy (Euronext Paris Compartment C: MCPHY, FR0011742329), a specialist in hydrogen production and distribution equipment, is pleased to announce that all General Meeting’s resolutions recommended by the Board of Directors had been approved.

Following the containment measures taken by the French government due to the Covid-19 epidemic, the Annual Ordinary and Extraordinary General Meeting of Shareholders (the “Meeting”) of McPhy Energy SA (the “Company”) was held today, under the chairmanship of Mr. Pascal Mauberger, Chairman of the Board of Directors of the Company, behind closed doors, without the presence (physical or by telephone or audiovisual conference) of the shareholders, pursuant to Order No. 2020-321 of March 25, 2020.

The Company reminds that the notices of meeting and convocation were published and the notices sent out in accordance with applicable regulations and specifies that all the documents relating to this Meeting were made available and remain available on the Company’s website at the following address: www.mcphy.com/fr/investisseurs/information-financiere/information-financiereassemblee-generale/.

In this context, the Company’s shareholders were able to cast their votes by mail or give their proxy by using the voting form. With a quorum of 40.65% (i.e., 7,467,127 of the shares with voting rights), the Company’s shareholders overwhelmingly adopted all the resolutions recommended by the Board of Directors and thus:

  • Approved the parent company and consolidated financial statements for the financial year 2019;
  • Approved the appropriation of the 2019 income and the write-off of prior losses;
  • Approved the assistance agreement between the Company and Pascal Mauberger, Director and Chairman of the Board of Directors;
  • Approved all Say on Pay related items (including the information mentioned in I of article L. 225-37-3 of the French Commercial Code, the remuneration policy for the Directors, the Chairman of the Board of Directors and the Chief Executive Officer for 2020 as well as their remuneration components for the financial year 2019) and set the overall remuneration package allocated to the Directors for the financial year 2020;
  • Authorized the Company to trade in its own shares in accordance with Article L. 225-209 of the French Commercial Code;
  • Renewed all financial authorizations and delegations to be granted to the Board of Directors;
  • Delegated authority to the Board of Directors to make the necessary amendments to the Articles of Association to bring them into compliance with legal and regulatory provisions; and
  • Renewed the mandate of the statutory auditor, SARL AUDIT EUREX.

In addition, it is recalled that pursuant to a decision of the Board of Directors of the Company dated January 16, 2020, the Board of Directors, upon delegation by the General Meeting of Shareholders of the Company on January 16, 2020, proceeded with the allocation of share subscription warrants (“BSA”) to all shareholders of the Company, the Ecotechnologies Fund and EDF Pulse Croissance Holding having waived the exercise of the BSA allocated to them. The exercise period of the said BSAs having ended on May 18, 2020, the Board of Directors, which met on May 20, 2020 after the General Meeting, noted the capital increase with cancellation of the preferential subscription right for a total amount of €2.1 million by issuing 793,670 new ordinary shares resulting from the exercise of 7,936,700 BSAs.

The full results of the votes of the Meeting are available on the Company’s website at the following address: www.mcphy.com/fr/investisseurs/information-financiere/information-financiereassemblee-generale/.

Upcoming events
Publication of 2020 first-half results, on July 28, 2020 (after market)

About McPhy

In the framework of the energy transition, and as a leading supplier of hydrogen production and distribution equipment, McPhy contributes to the deployment of zero-carbon hydrogen throughout the world.

Thanks to its wide range of products and services dedicated to the industrial, mobility and energy markets, McPhy provides turnkey solutions to its clients adapted to their applications in industrial raw material supply, fuel cell electric car refueling or renewable energy surplus storage and valorization.
As a designer, manufacturer and integrator of hydrogen equipment since 2008, McPhy has three development, engineering and production units based in Europe (France, Italy, Germany).

The company’s international subsidiaries ensure a global sales coverage of McPhy’s innovative hydrogen solutions.

McPhy is listed on NYSE Euronext Paris (Segment C, ISIN code: FR0011742329; ticker: MCPHY).

www.mcphy.com

Media relations

NewCap
Nicolas Merigeau
T. +33 (0)1 44 71 94 98
mcphy@newcap.eu

Investor relations

NewCap
Théodora Xu | Emmanuel Huynh
T. +33 (0)1 44 71 20 42
mcphy@newcap.eu

 

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“Future of hydrogen: hype or hope”

The World Energy Council in Finland is a network of leaders and practitioners promoting an affordable, stable and environmentally sensitive energy system.

On Monday, 18 May 2020, the WEC Finland organizes with the great support of the FCH-JU, a webinar entitled “The future of hydrogen: hope or hype”.

Among the leading hydrogen players invited “on e-stage” to share their prospective views, Bertrand AMELOT Chief Sales Officer of McPhy, gives a keynote about the McPhy approach towards large-scale deployment of alkaline electrolysis.

Info & Registration

| Webinar ‘Future of hydrogen: Hype or Hope”
Monday,18 may 2020

| Keynote of Bertrand AMELOT, Chief Sales Officer McPhy
Monday, 18 may 2020 at 11.55 CEST
“100-MW scale alkaline electrolysers by 2030 – the McPhy approach”

https://wecfinland.fi/events/the-future-of-hydrogen-webinar/

 

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McPhy announces that Bryan Garnier brokerage firm initiates coverage for listed company analysis

La Motte-Fanjas (France), May 13, 2020 – 5:45 pm CEST – McPhy (Euronext Paris Compartment C: MCPHY, FR0011742329), a specialist in hydrogen production and distribution equipment, is pleased to announce the initiation of coverage of its stock by BRYAN GARNIER with a study entitled “Time for hydrogen to realize its potential”.

This coverage aims at increasing McPhy’s international visibility and broaden its investors base.

The executive summary of BRYAN GARNIER’s analysis note is available at the following address: https://medias.bryangarnier.com/equity/Prez/INITIATION_MCPHY_ENERGY_2020_04_corporate_version.pdf

The McPhy stock is also covered by the brokerage firms Gilbert Dupont / Société Générale Group and Portzamparc / BNP Paribas Group.

Upcoming events

• Annual General Meeting, on May 20, 2020
• Publication of 2020 first-half results, on July 28, 2020 (after market)

About McPhy

In the framework of the energy transition, and as a leading supplier of hydrogen production and distribution equipment, McPhy contributes to the deployment of zero-carbon hydrogen throughout the world.

Thanks to its wide range of products and services dedicated to the industrial, mobility and energy markets, McPhy provides turnkey solutions to its clients adapted to their applications in industrial raw material supply, fuel cell electric car refueling or renewable energy surplus storage and valorization.
As a designer, manufacturer and integrator of hydrogen equipment since 2008, McPhy has three development, engineering and production units based in Europe (France, Italy, Germany).

The company’s international subsidiaries ensure a global sales coverage of McPhy’s innovative hydrogen solutions.

McPhy is listed on NYSE Euronext Paris (Segment C, ISIN code: FR0011742329; ticker: MCPHY).

www.mcphy.com

Media relations

NewCap
Nicolas Merigeau
T. +33 (0)1 44 71 94 98
mcphy@newcap.eu

Investor relations

NewCap
Théodora Xu | Emmanuel Huynh
T. +33 (0)1 44 71 20 42
mcphy@newcap.eu

 

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McPhy specifies the conditions for the Annual General Meeting of May 20, 2020, issues an update on the impact of the Covid-19 pandemic on its activity and recalls the terms of the exercise of stock warrants

La Motte-Fanjas (France), April 29, 2020 – 5:45 pm CEST – McPhy (Euronext Paris Compartment C: MCPHY, FR0011742329) is a specialist in hydrogen production and distribution equipment.

General Meeting to be held in closed session

In the current health context of the Covid-19 pandemic, McPhy has exceptionally decided to hold its Annual General Meeting of May 20, 2020 at 11:00 am CEST in closed session, without the presence (physical or by conference / video call) of its shareholders or other participants (such as the auditors or staff representative bodies), at the Company’s head offices, 1115 route de Saint-Thomas, 26190 La Motte-Fanjas, France.
This decision is a result of the measures adopted by the French Government, and notably order 2020-321 of March 25, 2020 pertaining to the holding of Shareholders’ Meetings.
The minutes of the Annual General Meeting will be made available to shareholders on the Company’s website: www.mcphy.com/fr/investisseurs/information-financiere/information-financiereassemblee-generale/.

Voting procedures at the General Meeting

The eligibility to participate in the Annual General Meeting is subject to having shares registered in the Company’s shareholders’ account in accordance with the terms indicated in the convening notice published in the BALO public notices on April 10, 2020, available on the Company’s website in the Shareholders’ Meetings section.

In these conditions, the Company’s shareholders will be able to exercise their voting rights exclusively via a postal voting form or by granting proxy to the Chairman of the AGM. Therefore, no admission cards will be issued.

The completed and signed postal voting form or proxy provided to the Chairman of the AGM should therefore be sent:

  • either by email to emilie.maschio@mcphy.com by 11:59 pm CEST on Sunday May 17, 2020, which is recommended within the current context;
  • or by regular post to BNP PARIBAS Securities Services, CTO Assemblées Générales, Les Grands Moulins de Pantin, 9 rue du Débarcadère, 93761 Pantin Cedex, France.

Registered shareholders will receive the voting form with their usual convocation.
For bearer shareholders, the postal voting or proxy form must be accompanied by the shareholding certificate issued by the approved intermediary who manages the securities account.

The postal voting form is also available in the Shareholders’ Meetings section of the Company’s website (www.mcphy.com/fr/investisseurs/information-financiere/information-financiereassemblee-generale/).

Written questions

Given the exceptional circumstances associated with the Covid-19 pandemic, written questions may be sent to the Chairman of the Board of Directors by email at the following address: emilie.maschio@mcphy.com, which is the preferred method, or by recommended letter with acknowledgment of receipt, no later than the fourth business day prior to the date of the AGM, i.e. Thursday, May 14, 2020. They should be accompanied by the shareholding certificate.

Availability of documents relating to the AGM

All the documents relating to this Annual General Meeting are made available to shareholders on the Company’s website (www.mcphy.com/fr/investisseurs/information-financiere/information-financiereassemblee-generale/).

Update on the impact of the Covid-19 pandemic on the Group’s activity

As previously announced (press releases of March, 10 and 30), faced with the Covid-19 pandemic, the Group has taken measures to protect the health of its employees, clients and partners and to uphold its commitments under the best possible conditions.

Thus, in order to take effective action within a rapidly changing context, the Group has implemented business continuity plans across all its sites that are updated according to changes in the situation in each country. The production sites in France and Germany have remained operational with limited on-site resources and strengthened safety conditions. In Italy, operations on the San Miniato site were suspended on March 23 and are gradually resuming.

Within this uncertain context, risks have been identified regarding delays in the execution of the Group’s contracts, notably due to the domino effect of any delays McPhy may see from its suppliers. At this stage, the extent of these delays cannot be accurately quantified, and will depend on the ability of the Group’s suppliers to meet their own commitments, on the length of the restrictions put in place by the various governments, on the extent of the global resumption in activity and on the Group’s ability to make up for the delays.

Moreover, the realization of certain contracts with potential new clients is likely to be delayed or suspended due to the cancelling or pushing back of key sector events. As a result, the Group’s short- and medium-term order book and revenue are likely to be affected by delays and impacts that are currently impossible to precisely estimate.

McPhy pledges to communicate, as soon as possible, any objective information that could clarify the impact of this pandemic on its industrial and commercial roadmap.

In order to minimize the impacts on its cash position and to ensure the continuity of its operations, McPhy has implemented cost reduction measures and has planned to initiate the necessary procedures enabling it to benefit from the aid announced by the French government and the European Union (partial activity measures, cancellation or deferral of tax payments, etc.) The Group has also received an agreement in principle from its banking partners to formalize additional State-backed credit lines of €4 million. Lastly, in order to strengthen its financial flexibility and secure access to additional resources, the Company renewed on April 10 its equity financing line with Kepler Cheuvreux for a period of two years, representing an indicative amount of €18.3 million (press release 14, April 2020).

Bolstered by a solid and secured financial situation to continue its activity, McPhy has confidence in the pertinence of its corporate project to enable it to cope with the challenges of this pandemic. Indeed, the Group is driven by robust fundamentals and the positive outlook for the hydrogen and energy transition market, which will be more relevant than ever in the post-crisis world.

McPhy is fully committed to achieving its “Driving Clean Energy Forward” corporate project, i.e. being able to accelerate the roll-out of zero-carbon ecosystems thanks to its zero-carbon hydrogen production and distribution equipment, and strongly believes in the possibility of seizing new opportunities once this global crisis is over.

Reminder regarding the admission for trading on the Euronext Paris regulated market of shares resulting from the exercise of the Company’s BSA stock warrants

McPhy’s Extraordinary Shareholders’ Meeting of January 16, 2020 approved the resolution concerning the issuance of 14,773,307 BSA stock warrants enabling all shareholders (with the exception of Fonds Ecotechnologies and EDF Pulse Croissance Holding, who have agreed not to exercise any warrants allocated to them) to participate in the operation and benefit from the same subscription conditions.

As a reminder, the stock warrants can be exercised from January 17, 2020 until May 18, 2020, i.e. two days before the Company’s Annual General Meeting called to approve its annual accounts for the year to December 31, 2019. These stock warrants give holders the right to subscribe to new shares at a price of €2.70 per share. One stock warrant is attributed for each share held, and 10 stock warrants allow the holder to subscribe to one new ordinary share. The exercise of the stock warrants could strengthen the Company’s shareholders’ equity by up to €2.8 million.

At March 31, 2020, 4,059,490 of these stock warrants had been exercised, resulting in the issuance of 405,949 new shares representing €1.1 million.

Upcoming events
• Annual General Meeting, on May 20, 2020
• Publication of 2020 first-half results, on July 28, 2020 (after market)

About McPhy

In the framework of the energy transition, and as a leading supplier of hydrogen production and distribution equipment, McPhy contributes to the deployment of zero-carbon hydrogen throughout the world.

Thanks to its wide range of products and services dedicated to the industrial, mobility and energy markets, McPhy provides turnkey solutions to its clients adapted to their applications in industrial raw material supply, fuel cell electric car refueling or renewable energy surplus storage and valorization.
As a designer, manufacturer and integrator of hydrogen equipment since 2008, McPhy has three development, engineering and production units based in Europe (France, Italy, Germany).

The company’s international subsidiaries ensure a global sales coverage of McPhy’s innovative hydrogen solutions.

McPhy is listed on NYSE Euronext Paris (Segment C, ISIN code: FR0011742329; ticker: MCPHY).

www.mcphy.com

Media relations

NewCap
Nicolas Merigeau
T. +33 (0)1 44 71 94 98
mcphy@newcap.eu

Investor relations

NewCap
Théodora Xu | Emmanuel Huynh
T. +33 (0)1 44 71 20 42
mcphy@newcap.eu

 

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Renewal of an equity financing line to strengthen the Company’s financial flexibility

La Motte-Fanjas (France), April 14, 2020 – 7:45 am CEST – McPhy (Euronext Paris Compartment C: MCPHY, FR0011742329), a specialist in hydrogen production and distribution equipment, today announces the renewal of an equity financing line with Kepler Cheuvreux.

CEO Laurent Carme, acting upon delegation of the Board of Directors, has decided to renew a financing line. The operation will be carried out on the basis of (i) the existing delegations of power granted by the Shareholders’ Meeting of June 26, 2018 (17th resolution), limited to 1,000,000 shares, and (ii) any other decision or delegation of powers agreed by any Shareholders’ Meeting convened after the signing of the contract, limited to 2,500,000 shares.

In accordance with the terms of the agreement, Kepler Cheuvreux has pledged to subscribe to a maximum of 3,500,000 shares (representing, for information purposes, an issued amount of €18.3 million (1)), on its own initiative, over a maximum timeframe of 24 months, subject to contractual conditions being satisfied. The shares will be issued on the basis of a volume-weighted average share price over the two trading days prior to each issue, minus a maximum discount of 5%. These conditions allow Kepler Cheuvreux to guarantee the share subscription over time, as part of a firm commitment.

McPhy retains the option of suspending or terminating this agreement at any time.

Assuming full drawdown of this financing line, a shareholder with a 1.00% stake in McPhy prior to its implementation would see its stake reduced to 0.84%, on an undiluted basis (2).

The number of shares issued under this agreement and admitted for trading will be the subject of a Euronext notice and a press release on McPhy’s website.

This issue will not be subject to a prospectus requiring a visa from the AMF French stock market authority.

Footnotes
(1) Based on the closing share price of April 9, 2020 (i.e. €5.23)
(2) Based on 17,731,800 shares comprising the Company’s share capital at March 31, 2020

Upcoming events
• Annual General Meeting, on May 20, 2020
• Publication of 2020 first-half results, on July 28, 2020 (after market)

About McPhy

In the framework of the energy transition, and as a leading supplier of hydrogen production and distribution equipment, McPhy contributes to the deployment of zero-carbon hydrogen throughout the world.

Thanks to its wide range of products and services dedicated to the industrial, mobility and energy markets, McPhy provides turnkey solutions to its clients adapted to their applications in industrial raw material supply, fuel cell electric car refueling or renewable energy surplus storage and valorization.
As a designer, manufacturer and integrator of hydrogen equipment since 2008, McPhy has three development, engineering and production units based in Europe (France, Italy, Germany).

The company’s international subsidiaries ensure a global sales coverage of McPhy’s innovative hydrogen solutions.

McPhy is listed on NYSE Euronext Paris (Segment C, ISIN code: FR0011742329; ticker: MCPHY).

www.mcphy.com

Media relations

NewCap
Nicolas Merigeau
T. +33 (0)1 44 71 94 98
mcphy@newcap.eu

Investor relations

NewCap
Théodora Xu | Emmanuel Huynh
T. +33 (0)1 44 71 20 42
mcphy@newcap.eu

 

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Keep up with our news by following us on

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McPhy equips two projects in zero-emission mobility

• McPhy has been chosen to equip, by the end of the year, the “mobility” component of a zero-carbon hydrogen ecosystem in the Centre-Val de Loire region in France, a large-scale project dedicated to the energy transition
• Conclusive first test phase on a station recently installed by McPhy in the Grand Ouest region in France enabling the regional hydrogen infrastructure to be densified
• These two projects confirm the relevance of the technological positioning of the McFilling “starter kit”, enabling regional hydrogen mobility to be initiated under the best performance and competitive cost conditions
• With 25 stations in reference (1), McPhy confirms its leadership in the field of zero-emission mobility

La Motte-Fanjas (France), April 9, 2020 – 8:45 am CEST – McPhy (Euronext Paris Compartment C: MCPHY, FR0011742329), a specialist in hydrogen production and distribution equipment, today announces that it has been chosen to equip two projects in the field of zero-emission mobility.

These commercial successes confirm the relevance of our McFilling “starter kit” that is attracting clients thanks to its competitive price and its performances. This is an equipment that we have specifically scaled to rapidly and efficiently initiate a regional hydrogen project, before helping them deploy larger capacity stations (…)

A genuine driver of economic development and a source of sustainable growth, the objective of the first project located in the Centre Val de Loire region (2) is to convert surplus renewable electricity (wind and solar) into green gas. The resulting zero-carbon hydrogen will partly replace networks fossil gas but also meet clean mobility requirements thanks to the dedicated McFilling 20-350 by McPhy refueling station that will be installed there at the end of the year.

Located in the Grand Ouest region, the aim of the second project (3) is to refuel light vehicles (350 bar and partial refueling of 700 bar vehicles), but also heavy-duty vehicles for transporting people. The McPhy station was installed in mid-March 2020 and a first test phase has been successfully carried out.

Laurent Carme, Chief Executive Officer of McPhy, states: “We are delighted to have been chosen to be involved in two projects aiming to roll-out zero-emission mobility. These commercial successes confirm the relevance of our McFilling “starter kit” that is attracting clients thanks to its competitive price and its performances. This is an equipment that we have specifically scaled to rapidly and efficiently initiate a regional hydrogen project, before helping them deploy larger capacity stations that will meet future growth in their hydrogen needs. In the longer term, our ambition is to continue implementing genuine zero-carbon ecosystems, connected to renewable energy sources, producing zero-carbon hydrogen for value-creating mobility, industrial or energy applications.”

McPhy: a key partner in the roll-out of zero-emission mobility solutions

Making it possible to densify the hydrogen infrastructure, McPhy’s McFilling 20-350 station has numerous advantages. It is a robust technology that has demonstrated a very high availability rate. Its compact design and modularity allow it to evolve so as to support any other phase of a project.

The new generation of “starter kit”, selected for the two previously-mentioned projects, has an infrared connector that makes it possible to offer a refueling solution to vehicles with 350 bar pressure and a partial refueling solution (approximately 60%) to vehicles requiring a 700 bar refueling pressure.

McPhy’s “starter kit” model is a tried-and-tested technology that has already been chosen to equip numerous projects, notably for the cities of Paris and Rouen and as part of the “EAS-HyMob” project in Normandy.

Zero-emission hydrogen mobility at the heart of the energy transition

Hydrogen is a clean alternative fuel that significantly reduces the transport sector’s pollution. Indeed, a key characteristic of hydrogen vehicles is that they do not emit any pollutants, just water vapor.

With their high degree of autonomy and rapid refueling time, these vehicles are attracting a growing number of communities, constructors, fleet managers, fueling station operators and logistics platform operators. They notably appreciate the perfect combination of ease of use, continuity of service and contribution to the fight against air pollution.

In this context, with 25 stations in reference (4), McPhy is establishing itself as a key partner in the roll-out of zero-emission mobility solutions.

Station hydrogène McPhy

Illustration of a McFilling 20-350 station equipped with an infrared connector for partially refueling
700 bar vehicles (Toyota Mirai pictured). A large number of car manufacturers are committed to
hydrogen and an increasing number of 700 bar models is available for sale.

Footnotes
(1) Installed, being installed or under development references as of April 9, 2020
(2) The name of the client is confidential at this stage
(3) The name of the client is confidential at this stage
(4) Installed, being installed or under development references as of April 9, 2020

Upcoming events

• Annual General Meeting, on May 20, 2020
• Publication of 2020 first-half results, on July 28, 2020 (after market)

About McPhy

In the framework of the energy transition, and as a leading supplier of hydrogen production and distribution equipment, McPhy contributes to the deployment of zero-carbon hydrogen throughout the world.

Thanks to its wide range of products and services dedicated to the industrial, mobility and energy markets, McPhy provides turnkey solutions to its clients adapted to their applications in industrial raw material supply, fuel cell electric car refueling or renewable energy surplus storage and valorization.
As a designer, manufacturer and integrator of hydrogen equipment since 2008, McPhy has three development, engineering and production units based in Europe (France, Italy, Germany).

The company’s international subsidiaries ensure a global sales coverage of McPhy’s innovative hydrogen solutions.

McPhy is listed on NYSE Euronext Paris (Segment C, ISIN code: FR0011742329; ticker: MCPHY).

www.mcphy.com

Media relations

NewCap
Nicolas Merigeau
T. +33 (0)1 44 71 94 98
mcphy@newcap.eu

Investor relations

NewCap
Théodora Xu | Emmanuel Huynh
T. +33 (0)1 44 71 20 42
mcphy@newcap.eu

 

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Keep up with our news by following us on

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Information regarding the measures adopted by McPhy within the context of the Covid-19 pandemic

La Motte-Fanjas (France), March 30, 2020 – 5:45 pm CEST – McPhy (Euronext Paris Compartment C: MCPHY, FR0011742329) is a specialist in hydrogen production and distribution equipment.

Faced with the Covid-19 pandemic, McPhy has been determined to act as soon as possible by adopting the appropriate decisions to ensure that all its employees, clients and partners are protected. Remote working has thus been generalized for all staff whose activity allows this.

Following the various governmental measures announced since the Group published its 2019 annual results earlier this month, activity pertaining to the assembly of electrolyzers and the production of stacks at the San Miniato site in Tuscany, Italy, has been temporarily suspended since March 23 for a month. McPhy’s other production sites remain operational to date, with limited resources and strengthened safety conditions.

Furthermore, business continuity plans have been implemented across all of the Group’s sites, in strict compliance with the World Health Organization’s recommendations and the measures adopted by the authorities in the various countries in which the Group operates.

The Covid-19 pandemic will have an impact on the Group’s activity and its 2020 prospects, but it is difficult to quantify these impacts at the time of this press release, notably because of the uncertainty regarding the evolution and extent of the pandemic, as well as the duration of the lockdown measures imposed by governments.

The Group is currently assessing these impacts and regularly updating its estimates according to the evolution of the health situation, in order to best adapt its business continuity and staff protection measures.

Within this unprecedented context, cost reductions and the postponement of tax and social security payment deadlines have been implemented, it being specified that the Group is looking at a number of possibilities aimed at anticipating its additional future cash and working capital requirements related to the continuation of the health crisis over the coming months. As a reminder, the Group had a cash position of €13 million at the end of December 2019.

McPhy has confidence in its resilience and the solidity of its corporate project, driven by robust fundamentals and the hydrogen market’s positive outlook, enabling it to cope with the challenges of this pandemic.

Upcoming events

  • Annual General Meeting, on May 20, 2020
  • Publication of 2020 first-half results, on July 28, 2020 (after market)

About McPhy

In the framework of the energy transition, and as a leading supplier of hydrogen production and distribution equipment, McPhy contributes to the deployment of zero-carbon hydrogen throughout the world.

Thanks to its wide range of products and services dedicated to the industrial, mobility and energy markets, McPhy provides turnkey solutions to its clients adapted to their applications in industrial raw material supply, fuel cell electric car refueling or renewable energy surplus storage and valorization.
As a designer, manufacturer and integrator of hydrogen equipment since 2008, McPhy has three development, engineering and production units based in Europe (France, Italy, Germany).

The company’s international subsidiaries ensure a global sales coverage of McPhy’s innovative hydrogen solutions.

McPhy is listed on NYSE Euronext Paris (Segment C, ISIN code: FR0011742329; ticker: MCPHY).

www.mcphy.com

Media relations

NewCap
Nicolas Merigeau
T. +33 (0)1 44 71 94 98
mcphy@newcap.eu

Investor relations

NewCap
Théodora Xu | Emmanuel Huynh
T. +33 (0)1 44 71 20 42
mcphy@newcap.eu

 

Connect with us!

Keep up with our news by following us on

LinkedIn    and    Twitter