REG - Clean Power Hydrogen - Senior Management Team Strengthened

Clean Power HydrogenAnnouncement

06/12/2022 07:01

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RNS Number : 6403I  Clean Power Hydrogen  06 December 2022

 

 

 

6 December 2022

 

Clean Power Hydrogen Plc

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

 

Senior Management Team Strengthened

 

CPH2, the UK-based green hydrogen technology and manufacturing company that
has developed the IP-protected Membrane-Free Electrolyser ("MFE"), is pleased
to confirm that Arash Selahi has been promoted to the position of Chief
Operating Officer. Mr Selahi has been the Company's Head of Operations since
May 2022 and has an extensive background in managing industrial manufacturing
facilities in a range of sectors.

 

In this role, Mr Selahi will be focused on leading the safe and sustainable
operations of the business through the development and implementation of the
most efficient processes possible for the delivery of the Company's product to
the market. Mr Selahi will continue to promote a culture of continuous
improvement coupled with placing safety and inclusivity at the centre of the
Company's operations.

 

Further to previous announcements, the Company is pleased to confirm that
James Hobson has taken up his role of Chief Financial Officer ("CFO") and
executive director. As such, Clive Brook has now retired from his role as CFO
and as a director of the Company.

 

The Company is also in the process of identifying a new Chief Technical
Officer to join in early 2023 and further supplement the strengthened
management team.

 

Jon Duffy, Chief Executive Officer of CPH2, commented:

 

"We are delighted to announce the promotion of Arash to his role as the
Group's Chief Operating Officer and to welcome James in his role as Chief
Financial Officer. Both roles will aid in further strengthening the senior
management of the Company and will enhance our structure as we upscale the
business to deliver on our existing order book and the increasingly strong
indication of interest in our products that we are seeing.

 

I'd like to express the Board's sincere thanks and good wishes to Clive for
his hard work and commitment in seeing the Company through its early
development and the rigorous IPO process."

 

For more information, please contact:

 

 Clean Power Hydrogen Plc                    via Camarco
 Jon Duffy, Chief Executive Officer

 Cenkos Securities plc - 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
 Billy Clegg
 Owen Roberts
 Fergus Young

 

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. The Group's MFE technology is already commercially available and
demonstrating cost efficiencies and technological advantages. CPH2 is listed
on the AIM market and trades under the ticker LON:CPH2.

 

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