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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Clean Power Hydrogen Plc | LSE:CPH2 | London | Ordinary Share | GB00BP371R64 | ORD GBP0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.50 | 3.85% | 13.50 | 13.00 | 14.00 | 13.50 | 13.00 | 13.00 | 597,111 | 08:18:37 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Offices-holdng Companies,nec | 0 | -3.44M | -0.0128 | -10.55 | 36.24M |
TIDMCPH2
RNS Number : 4928D
Clean Power Hydrogen
22 June 2023
22 June 2023
Clean Power Hydrogen plc
("CPH2", the "Company" or the "Group")
2023 Save As You Earn Scheme
CPH2, the UK-based green hydrogen technology and manufacturing company that has developed the IP-protected Membrane-Free Electrolyser ("MFE"), announces that on 30 May 2023 all employees of the Company were invited to participate in its HMRC compliant 'Save As You Earn' scheme (the "Scheme").
A total of 18 employees of the Company, including three of the Company's 'persons discharging managerial responsibility' ("PDMRs"), applied to participate in the Scheme, resulting in the grant of options to subscribe for an aggregate of 489,264 new Ordinary Shares in the Company (the "Options") on 21 June 2023.
The Options have an exercise price, calculated in accordance with the rules of the Scheme, of 22 pence per Option (representing a 20% discount to the closing mid-market price per Ordinary Share on 26 May 2023, 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 August 2026.
Pursuant to the Scheme, the following PDMRs applied to participate in the Scheme and have been granted Options in the amounts shown below.
Options granted --------------------------------------- ---------------- Jon Duffy, Chief Executive Officer 32,727 James Hobson, Chief Financial Officer 40,909 Arash Selahi, Chief Operating Officer 32,727
Following these option grants, the Company has 22,355,821 shares under option. This represents, following the increase in options mentioned below, 8.34% of the issued share capital of the Company.
The notifications below provide further details in relation to the grant of Options to the PDMRs listed above.
For more information, please contact:
Clean Power Hydrogen plc via Camarco Jon Duffy, Chief Executive Officer James Hobson, Chief Financial Officer Cenkos Securities plc - NOMAD & Broker +44 (0)131 220 Neil McDonald 9771 +44 (0)131 220 Peter Lynch 9772 +44 (0)131 220 Adam Rae 9778 + 44(0) 20 3757 Camarco PR 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. The Group's MFE technology is already commercially available and demonstrating cost efficiencies and technological advantages. CPH2 is listed on the AIM market and trades under the ticker LON:CPH2.
Details of the person discharging managerial responsibilities 1 ("PDMR") / person closely associated ("PCA") a) Name Jon Duffy -------------------------------------------- ----------------------------------------------- Reason for the notification 2 --------------------------------------------------------------------------------------------- a) Position/status PDMR - CEO of Clean Power Hydrogen plc -------------------------------------------- ----------------------------------------------- b) Initial notification /Amendment Initial notification -------------------------------------------- ----------------------------------------------- Details of the issuer, emission allowance market participant, 3 auction platform, auctioneer or auction monitor --------------------------------------------------------------------------------------------- a) Name Clean Power Hydrogen plc -------------------------------------------- ----------------------------------------------- b) LEI 9845009D2AB08E5BF491 -------------------------------------------- ----------------------------------------------- Details of the transaction(s): section to be repeated for 4 (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted --------------------------------------------------------------------------------------------- a) Description of the financial Grant of options to subscribe for instrument, type of instrument 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 GBP0.22 32,727 d) Aggregated information - Aggregated volume N/A - Price e) Date of the transaction 21 June 2023 -------------------------------------------- ----------------------------------------------- f) Place of the transaction Outside a trading venue -------------------------------------------- ----------------------------------------------- Details of the person discharging managerial responsibilities 1 ("PDMR") / person closely associated ("PCA") a) Name James Hobson -------------------------------------------- ----------------------------------------------- Reason for the notification 2 --------------------------------------------------------------------------------------------- a) Position/status PDMR - CFO of Clean Power Hydrogen plc -------------------------------------------- ----------------------------------------------- b) Initial notification /Amendment Initial notification -------------------------------------------- ----------------------------------------------- Details of the issuer, emission allowance market participant, 3 auction platform, auctioneer or auction monitor --------------------------------------------------------------------------------------------- a) Name Clean Power Hydrogen plc -------------------------------------------- ----------------------------------------------- b) LEI 9845009D2AB08E5BF491 -------------------------------------------- ----------------------------------------------- Details of the transaction(s): section to be repeated for 4 (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted --------------------------------------------------------------------------------------------- a) Description of the financial Grant of options to subscribe for instrument, type of instrument 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 GBP0.22 40,909 d) Aggregated information - Aggregated volume N/A - Price e) Date of the transaction 21 June 2023 -------------------------------------------- ----------------------------------------------- f) Place of the transaction Outside a trading venue -------------------------------------------- ----------------------------------------------- Details of the person discharging managerial responsibilities 1 ("PDMR") / person closely associated ("PCA") a) Name Arash Selahi -------------------------------------------- ----------------------------------------------- Reason for the notification 2 --------------------------------------------------------------------------------------------- a) Position/status PDMR - COO of Clean Power Hydrogen plc -------------------------------------------- ----------------------------------------------- b) Initial notification /Amendment Initial notification
-------------------------------------------- ----------------------------------------------- Details of the issuer, emission allowance market participant, 3 auction platform, auctioneer or auction monitor --------------------------------------------------------------------------------------------- a) Name Clean Power Hydrogen plc -------------------------------------------- ----------------------------------------------- b) LEI 9845009D2AB08E5BF491 -------------------------------------------- ----------------------------------------------- Details of the transaction(s): section to be repeated for 4 (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted --------------------------------------------------------------------------------------------- a) Description of the financial Grant of options to subscribe for instrument, type of instrument 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 GBP0.22 32,727 d) Aggregated information - Aggregated volume N/A - Price e) Date of the transaction 21 June 2023 -------------------------------------------- ----------------------------------------------- f) Place of the transaction Outside a trading venue -------------------------------------------- -----------------------------------------------
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(END) Dow Jones Newswires
June 22, 2023 02:00 ET (06:00 GMT)
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