Results of Retail Offer

Further to the announcement by the Company in respect of the Retail Offer dated 18 December 2024 (the "Retail Offer Announcement"), Clean Power Hydrogen Plc (AIM: CPH2), is pleased to announce that, following the closing of the Retail Offer on the BookBuild platform on 20 December 2024, the Company has conditionally raised total gross proceeds of £0.076 million (the "Retail Offer") by way of a successful subscription for a total of 1,017,813 Retail Offer Shares at the Issue Price of 7.5 pence per share in connection with the Retail Offer.

In addition, due to additional demand in the Subscription, the Company has issued an additional 999,592 Subscription Shares. Consequently, it is now anticipated that the Company will issue and allot 8,572,662 Placing Shares, 73,825,086 Subscription Shares and 1,017,813 Retail Offer Shares (together, the "New Shares"), resulting in a total of 83,415,561 New Shares to be issued in relation to the Fundraising.

Posting of Circular & Notice of General Meeting

The Fundraising is conditional on obtaining approval of the Shareholders at a General Meeting of the Company, to be held at Apex Office Space, 1 Water Vole Way, Doncaster DN4 5JP at 11:00 a.m. on 8 January 2025.

The Circular, containing the Notice of the General Meeting, which sets out the Resolutions and further details on the Fundraising, has today been posted to Shareholders and is available on the Company's website. The Circular includes a unanimous Board recommendation that all Shareholders vote in favour of the Resolutions.

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, subject to the passing of the Resolutions at the General Meeting. 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 353,099,688 Ordinary Shares in issue with the Company holding no Ordinary Shares in treasury. Therefore, the total number of voting rights will also be 353,099,688. 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.