Clean Power Hydrogen Exercise of Options - Issue of Equity
July 03 2024 - 2:00AM
RNS Regulatory News
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
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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END
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