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RNS Number : 4973E HydrogenOne Capital Growth PLC 10 April 2025
LEI: 213800PMTT98U879SF45
10 April 2025
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
HydrogenOne Capital Growth plc
("HydrogenOne" or the "Company")
Investment Adviser Update
HydrogenOne today updates that, further to the announcement made on 11
December 2024, HydrogenOne Capital LLP (the "Investment Adviser") confirms
that discussions with Cordiant Capital Inc. ("Cordiant") regarding a potential
transaction to purchase the Investment Adviser have not reached an agreement,
and that the long stop for the proposed transaction has passed.
The Investment Adviser remains focused on delivering value for shareholders
and continues to engage with a number of other parties who have expressed
interest in the acquisition of the Investment Adviser. Further updates will be
provided as appropriate.
- Ends -
Notes
For further information, please visit www.hydrogenonecapitalgrowthplc.com
(http://www.hydrogenonecapitalgrowthplc.com) or contact:
HydrogenOne Capital LLP - Investment Adviser Tel: +44 20 3830 8231
JJ Traynor / Richard Hulf
Barclays Bank PLC - Corporate Broker Tel: +44 20 7623 2323
Dion Di Miceli BarclaysInvestmentCompanies@barclays.com
Stuart Muress
James Atkinson
Burson Buchanan - Financial PR Tel: +44 (0) 20 7466 5000
Henry Harrison-Topham Email: HGEN@buchanancomms.co.uk (mailto:HGEN@buchanancomms.co.uk)
Henry Wilson
Samuel Adams
About HydrogenOne:
HydrogenOne is the first London-listed hydrogen fund investing in clean
hydrogen for a positive environmental impact. The Company was launched in 2021
with an investment objective to deliver an attractive level of capital growth
by investing in a diversified portfolio of hydrogen and complementary hydrogen
focused assets. INEOS Energy is a strategic investor in HydrogenOne. The
Company is listed on the London Stock Exchange's main market (ticker code:
HGEN). The Company is an Article 9 climate impact fund with an ESG policy
integrated in investment decisions and asset monitoring.
The Company's Investment Adviser, HydrogenOne Capital LLP (FRN: 954060), is an
appointed representative of Thornbridge Investment Management LLP (FRN:
713859) which is authorised and regulated by the Financial Conduct Authority.
IMPORTANT NOTICE
This announcement contains (or may contain) certain forward-looking statements
with respect to certain of the Company's plans and/or the plans of one or more
of its investee companies and their respective current goals and expectations
relating to their respective future financial condition and performance and
which involve a number of risks and uncertainties. The Company cautions
readers that no forward- looking statement is a guarantee of future
performance and that actual results could differ materially from those
contained in the forward-looking statements.
This announcement contains inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014, as it forms part of UK domestic law ("MAR"). Upon
publication of this announcement, the inside information is now considered to
be in the public domain for the purposes of MAR. The person responsible for
arranging the release of this announcement on behalf of the Company is
HydrogenOne Capital LLP.
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