Clean Power Hydrogen plc Announces Successful General Meeting and Fundraising Results
Key Ideas
- All resolutions at the General Meeting of Clean Power Hydrogen plc were passed, including the approval for additional share issuance.
- The company will issue a total of 84,203,394 new shares as part of the fundraising efforts.
- Admission to the London Stock Exchange for the new shares is expected to occur on January 9, 2025.
- Following the admission of new shares, the company will have 353,887,521 ordinary shares in issue with no shares held in treasury.
Clean Power Hydrogen plc, a UK-based green hydrogen technology and manufacturing company, has announced the successful outcome of its General Meeting held in connection with a recent fundraising initiative. The meeting saw all resolutions passed, allowing the company to proceed with its plans. Additionally, due to high demand, Clean Power Hydrogen plc will issue a total of 84,203,394 new shares, comprising Placing Shares, Subscription Shares, and Retail Offer Shares. These efforts aim to support the company's growth and development in the green hydrogen sector. The new shares are set to be admitted to trading on AIM, with trading expected to begin on January 9, 2025. Following this admission, the company's total voting rights will amount to 353,887,521 ordinary shares, with none held in treasury. Shareholders are encouraged to refer to the company's website or contact the provided individuals for further details.