Result of Retail Offer
Clean Power Hydrogen plc has successfully completed its Retail Offer, raising its target of £500,000 before expenses, which will result in the issuance of 33,333,333 Retail Offer Shares at 1.5 pence per share, subject to shareholder approval at the General Meeting on July 20, 2026. Admission of these shares to trading on AIM is expected on or around July 22, 2026, with the new shares ranking equally with existing ordinary shares.
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Unless otherwise defined, definitions contained in this announcement have the same meanings as set out in the Company's announcements dated 1 July 2026 and 2 July 2026.
Clean Power Hydrogen plc
("CPH2" or the "Company")
Result of Retail Offer
Clean Power Hydrogen plc (AIM: CPH2), the UK-based green hydrogen technology company, is pleased to announce that the Retail Offer, announced on 2 July 2026 and which closed at 12:00 p.m. on 6 July 2026, raised the Company's target of £500,000, before expenses.
Accordingly, subject to the passing of Resolutions 1 and 2 at the forthcoming General Meeting (11:00 a.m. on 20 July 2026), the Retail Offer will result in the issue of a total of 33,333,333 Retail Offer Shares at the Issue Price of 1.5 pence per share.
Notice of General Meeting and posting of Circular
The Circular and Notice of General Meeting are available on the Company's website (https://www.cph2.com/investors/circulars-documents/) and were posted to shareholders on 2 July 2026.
Admission and Total Voting Rights
Assuming Resolutions 1 and 2 are passed at the General Meeting application will be made to the London Stock Exchange for admission of the Retail Offer Shares to trading on AIM. It is expected that Admission will become effective and dealings in the Retail Offer Shares will commence on AIM at 8.00 a.m. on or around 22 July 2026.
The Retail Offer Shares will be issued fully paid and will rank pari passu in all respects with the Company's other New Ordinary Shares.
A further update on the Total Voting Rights and the outcome of the Conditional Placing and Subscription will be made in due course.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.