Dec 21 (Reuters) - Hydrogenics Corp HYG.TO :
* HYDROGENICS ANNOUNCES US$20.5 MILLION PRIVATE PLACEMENT AND TECHNOLOGY PARTNERSHIP WITH AIR LIQUIDE
* HYDROGENICS CORP - ENTERED INTO A SUBSCRIPTION AGREEMENT WITH HYDROGEN COMPANY, A WHOLLY-OWNED SUBSIDIARY OF AIR LIQUIDE S.A.
* HYDROGENICS - TO ISSUE 3.5 MILLION COMMON SHARES OF CO TO AIR LIQUIDE ON A PRIVATE PLACEMENT BASIS FOR ABOUT US$5.80 PER COMMON SHARE
* HYDROGENICS CORP - ENTERED TECHNOLOGY & BUSINESS DEVELOPMENT AGREEMENT WITH AIR LIQUIDE TO JOINTLY DEVELOP PEM ELECTROLYSIS TECHNOLOGIES
* HYDROGENICS - FOLLOWING COMPLETION OF PRIVATE PLACEMENT, AIR LIQUIDE'S INTEREST IN CO IS EXPECTED TO BE ABOUT 18.6%
* HYDROGENICS CORP - SUBSCRIPTION AGREEMENT PROVIDES AIR LIQUIDE TO HAVE PRE-EMPTIVE RIGHTS & RIGHT TO NOMINATE 1 DIRECTOR TO BOARD OF HYDROGENICS
* HYDROGENICS - CO INTENDS TO USE PROCEEDS OF PRIVATE PLACEMENT PRIMARILY FOR PURPOSE OF FUNDING CURRENT OPERATIONS, AMONG OTHERS
* HYDROGENICS CORP - AIR LIQUIDE TO BE SUBJECT TO CERTAIN RESTRICTIONS, INCLUDING LOCK-UP, TRANSFER, STANDSTILL & VOTING RESTRICTIONS