REG - Clean Power Hydrogen - 2025 Save as You Earn Scheme

Clean Power HydrogenAnnouncement

05/06/2025 07:00

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RNS Number : 5033L  Clean Power Hydrogen  05 June 2025

 

 

5 June
2025

Clean Power Hydrogen plc

("CPH2", the "Company" or the "Group")

2025 Save as You Earn Scheme

CPH2, the UK-based green hydrogen technology and manufacturing company that
has developed the IP-protected Membrane-Free Electrolyser ("MFE"), announces
that on 6 May 2025 all employees of the Company were invited to participate in
its HMRC compliant 'Save As You Earn' scheme (the "Scheme").

 

A total of 21 employees of the Company applied to participate in the Scheme,
resulting in the grant of options to subscribe for an aggregate of 2,437,990
new Ordinary Shares in the Company (the "Options") on 4 June 2025.

 

The Options have an exercise price, calculated in accordance with the rules of
the Scheme, of 4.8 pence per Option (representing a 20% discount to the
closing mid-market price per Ordinary Share on 2 May 2025, being the previous
business day prior to the invitation to participate in the Scheme being made).
Subject to the rules of the Scheme participants will be able to exercise their
Options within six-months commencing on 1 July 2028.

 

Following these option grants, the Company has 25,883,399 shares under option.
This represents, following the increase in options mentioned above, 7.30% of
the issued share capital of the Company.

 

ENDS

 

For more information, please contact:

 

 Clean Power Hydrogen plc                                via Camarco
 Jon Duffy, Chief Executive Officer
 James Hobson, Chief Financial Officer

 Cavendish Capital Markets Limited - NOMAD & Broker
 Neil McDonald                                           +44 (0)131 220 9771
 Peter Lynch                                             +44 (0)131 220 9772
 Adam Rae                                                +44 (0)131 220 9778

 Camarco PR                                              + 44(0) 20 3 757 4980
 Owen Roberts
 Kirsty Duff

 

To find out more, please visit: https://www.cph2.com (https://www.cph2.com)

 

Overview of CPH2

CPH2 is the holding company of Clean Power Hydrogen Group Limited which has
almost a decade of dedicated research and product development experience. This
experience has resulted in the creation of simple, safe and sustainable
technology which is designed to deliver a modular solution to the hydrogen
production market in a cost-effective, scalable, reliable and long-lasting
manner. The Group's strategic objective is to deliver the lowest LCOH in the
market in relation to the production of green hydrogen. CPH2 is listed on the
AIM market and trades under the ticker LON:CPH2.

 

 1    Details of the person discharging managerial responsibilities ("PDMR") /

    person closely associated ("PCA")

 a)   Name                                                         Arash Selahi
 2    Reason for the notification
 a)   Position/status                                              PDMR - COO of Clean Power Hydrogen Group Limited, subsidiary of Clean Power
                                                                   Hydrogen plc
 b)   Initial notification /Amendment                              Initial notification
 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Clean Power Hydrogen plc
 b)   LEI                                                          9845009D2AB08E5BF491
 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted
 a)   Description of the financial instrument, type of instrument  Grant of options to subscribe for new ordinary shares under the Company's SAYE

                                                                 Scheme

      Identification code                                          GB00BP371R64

 b)   Nature of the transaction                                    Grant of options

 c)   Price(s) and volume(s)

                                                                                         Price                 Volume
                                                                                         £0.048                153,333

 d)   Aggregated information

      - Aggregated volume                                          N/A

      - Price

 e)   Date of the transaction                                      4 June 2025

 f)   Place of the transaction                                     Outside a trading venue

 

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