2025 Save as You Earn Scheme
Company granted 2.4m SAYE scheme options to 21 employees at 4.8p per share.
- Options granted 2,437,990
- Exercise price 4.8p per share
- Employees participating 21
- Total shares under option 25,883,399
- Percentage of issued capital 7.30%
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CPH2, the UK-based green hydrogen technology and manufacturing company that has developed the IP-protected Membrane-Free Electrolyser ("MFE"), announces that on 6 May 2025 all employees of the Company were invited to participate in its HMRC compliant 'Save As You Earn' scheme (the "Scheme").
A total of 21 employees of the Company applied to participate in the Scheme, resulting in the grant of options to subscribe for an aggregate of 2,437,990 new Ordinary Shares in the Company (the "Options") on 4 June 2025.
The Options have an exercise price, calculated in accordance with the rules of the Scheme, of 4.8 pence per Option (representing a 20% discount to the closing mid-market price per Ordinary Share on 2 May 2025, being the previous business day prior to the invitation to participate in the Scheme being made). Subject to the rules of the Scheme participants will be able to exercise their Options within six-months commencing on 1 July 2028.
Following these option grants, the Company has 25,883,399 shares under option. This represents, following the increase in options mentioned above, 7.30% of the issued share capital of the Company.
| a) | Name | Arash Selahi |
| 2 | Reason for the notification | |
| a) | Position/status | PDMR - COO of Clean Power Hydrogen Group Limited, subsidiary of Clean Power Hydrogen plc |
| b) | Initial notification /Amendment | Initial notification |
| a) | Name | Clean Power Hydrogen plc |
| b) | LEI | 9845009D2AB08E5BF491 |
| a) | Description of the financial instrument, type of instrument | Grant of options to subscribe for new ordinary shares under the Company's SAYE Scheme |
| Identification code | GB00BP371R64 | |
| b) | Nature of the transaction | Grant of options |
| c) | Price(s) and volume(s) | |
| Price | Volume | |
| £0.048 | 153,333 | |
| d) | Aggregated information | |
| - Aggregated volume | N/A | |
| - Price | ||
| e) | Date of the transaction | 4 June 2025 |
| f) | Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.