REG - Clean Power Hydrogen - Issue of Ordinary Shares

Clean Power HydrogenAnnouncement

16/01/2025 09:30

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RNS Number : 5979T  Clean Power Hydrogen  16 January 2025

 

16 January 2025

Clean Power Hydrogen plc

 

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

 

Issue of Ordinary Shares

 

CPH2, the UK-based green hydrogen technology and manufacturing company that
has developed the IP-protected Membrane-Free Electrolyser ("MFE"), is pleased
to announce that it has issued 536,666 new Ordinary Shares (the "New Shares")
at an issue price of 7.5 pence per share to satisfy additional demand
following the recent fundraising announced on 18 December 2024. The New Shares
are being issued under its existing authorities. The Company does not intend
to issue any further shares as part of the fundraising.

 

Admission and Total Voting Rights

 

Application has been made to the London Stock Exchange for the New Shares to
be admitted to trading on AIM. Admission is expected to become effective in
respect of, and dealings on AIM are expected to commence in, the New Shares,
at 8:00 a.m. on 20 January 2025.

 

Following Admission of the New Shares, the Company will have 354,424,187
Ordinary Shares in issue with the Company holding no Ordinary Shares in
treasury. Therefore, the total number of voting rights will also be
354,424,187. This figure may be used by Shareholders as the denominator for
the calculations by which they will determine if they are required to notify
their interest in, or a change to their interest in, the share capital of the
Company under the FCA's Disclosure Guidance and Transparency Rules.

 

For further 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
 Kirsty Duff

 

Further information on the Company can be found on its website at:
https://www.cph2.com/

 

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