REG - Clean Power Hydrogen - Exercise of Options - Issue of Equity

Clean Power HydrogenAnnouncement

03/07/2024 07:00

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RNS Number : 8861U  Clean Power Hydrogen  03 July 2024

 

 

3 July
2024

Clean Power Hydrogen plc

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

Exercise of Options - Issue of Equity

CPH2, the UK-based green hydrogen technology and manufacturing company that
has developed the IP-protected Membrane-Free Electrolyser ("MFE") announces
that today 1,500,000 new Ordinary Shares (the 'New Ordinary Shares') were
issued pursuant to the exercise of options under the Company's Unapproved
Share Option Scheme.

 

Application has been made to the London Stock Exchange for the New Ordinary
Shares to be admitted to trading on AIM ("Admission"). Dealings in the New
Ordinary Shares are expected to commence on or around 8.00 a.m. on 8 July
2024.

 

Following Admission, the Company's enlarged issued share capital will comprise
269,684,127 ordinary shares with voting rights in the Company. As the Company
holds no shares in treasury, this is the total number of the voting rights in
the Company which may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest, or a change in the interest, in the share capital of the Company
under Chapter 5 of the FCA's Disclosure Guidance and Transparency Rules as
reflected in the Company's articles of incorporation.

 

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 3757 4980
 Billy Clegg
 Owen Roberts
 Lily Pettifar

 

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 ("Clean
Power") 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.

 

 

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