REG - Clean Power Hydrogen - Result of General Meeting and Total Voting Rights

Clean Power HydrogenAnnouncement

08/01/2025 12:15

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RNS Number : 6102S  Clean Power Hydrogen  08 January 2025

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OR REGULATIONS OF THAT JURISDICTION.

 

8 January 2025

Clean Power Hydrogen plc

 

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

 

Result of General Meeting and Total Voting Rights

 

CPH2, the UK-based green hydrogen technology and manufacturing company that
has developed the IP-protected Membrane-Free Electrolyser ("MFE"), is pleased
to announce the results of the resolutions put to Shareholders of the Company
at the General Meeting held earlier today, convened in connection with the
Fundraising announced on 18 December 2024.

 

All resolutions set out in the Notice of General Meeting were passed by the
requisite majority. The results of the poll for each resolution will be
available shortly on the Company's website at: www.cph2.com
(http://www.cph2.com) .

 

In addition, due to additional demand and to enable certain investors to
maintain their percentage shareholding in the Company following satisfaction
of such additional demand, the Company has conditionally agreed to issue an
additional 787,833 Subscription Shares pursuant to its existing share issuance
authorities. Consequently, the Company will now issue and allot 8,572,662
Placing Shares, 74,612,919 Subscription Shares and 1,017,813 Retail Offer
Shares (together, the "New Shares"), resulting in a total of 84,203,394 New
Shares to be issued in relation to 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, all of the New
Shares, at 8:00 a.m. on 9 January 2025.

 

Following Admission of the New Shares, the Company will have 353,887,521
Ordinary Shares in issue with the Company holding no Ordinary Shares in
treasury. Therefore, the total number of voting rights will also be 353,
887,521. 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

 

Capitalised terms used in this announcement have the meanings given to them in
the announcement released at 4.35 p.m. on 18 December 2024, unless the context
provides otherwise.

 

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

 

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