Hopium lists on Euronext Growth Paris

Back

Market capitalisation of €351.6 million

Paris – 20 January 2022 – Euronext today congratulates Hopium, a French manufacturer of high-end hydrogen-powered vehicles, on its transfer from the Euronext Access market segment to Euronext Growth (ticker code: ALHPI).

French manufacturer of hydrogen-powered vehicles, Hopium was founded by Olivier Lombard, the youngest winner of the “24 Hours of Le Mans” car race. The company is currently designing the Hopium Machina, the first premium hydrogen-fueled sedan, which promises a neutral carbon footprint, an exceptional autonomy and a record filling time.

Hopium’s transfer on Euronext Growth aims to support the roll-out of its ambitious roadmap leading to the commercialisation of the Hopium Machina by 2025. In 2022, Hopium will start the construction of a plant and of a research and development center with the ambition of becoming the first R&D center dedicated to the hydrogen automotive industry in France.

Hopium was admitted on Euronext Access on 23 December 2020 with a market capitalisation of €12 million. Today, with a market capitalisation of €351.6 million, Hopium is starting a new stage of its journey as a listed company on Euronext Growth following the admission to trading of the 12,795,351 shares making up its equity.

Listing - Hopium

Caption: Olivier Lombard, CEO and Founder of Hopium, and his team rang the bell during a ceremony this morning in the presence of Guillaume Morelli, Director Listing SME France at Euronext, to celebrate the listing of the company.

About Hopium Olivier Lombard, the youngest winner of the 24 Hhours of Le Mans, founded Hopium, a manufacturer of high-end hydrogen-powered vehicles, as an achievement resulting from his experience acquired on the racing circuits. With the automotive culture in his heritage, Olivier Lombard has driven for 7 years hydrogen-powered racing cars, making him the world's most experienced racer in this field. As an open-air laboratory, the race has allowed Olivier Lombard and his team to reflect on new mobility solutions to meet today's environmental challenges. While the transportation sector alone is responsible for 20% of greenhouse gas emissions, the company is positioning itself as a player in climate change. Hopium brings together a team of experts and leading partners at the forefront of innovation in the fields of hydrogen fuel cells, technology and automotive engineering.

Press Release Footer

About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With close to 2,000 listed issuers and around €5.8 trillion in market capitalisation as of end June 2022, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.  
For the latest news, follow us on Twitter (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).

Disclaimer
This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.

This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.

© 2022, Euronext N.V. - All rights reserved.