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Clean Power Hydrogen PLC Raises £7 Million Through Share Placement

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Clean Power Hydrogen PLC Raises £7 Million Through Share Placement

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An update from Clean Power Hydrogen PLC ( (GB:CPH2) ) is now available.

Clean Power Hydrogen PLC has successfully raised approximately £7.0 million through a placing and subscription of new shares, representing 39.5% of the company’s existing ordinary shares. This fundraising effort, facilitated by Cavendish Capital Markets Limited, is contingent upon shareholder approval at an upcoming General Meeting. The new shares are expected to be admitted for trading on AIM in September 2025, marking a significant step in CPH2’s growth and market positioning.

More about Clean Power Hydrogen PLC

Clean Power Hydrogen PLC (CPH2) is a UK-based company specializing in green hydrogen technology and manufacturing. It has developed a proprietary Membrane-Free Electrolyser (MFE) aimed at providing a cost-effective, scalable, and reliable solution for hydrogen production. The company’s strategic goal is to offer the lowest Levelised Cost of Hydrogen (LCOH) in the green hydrogen market.

Average Trading Volume: 379,245

Technical Sentiment Signal: Sell

Find detailed analytics on CPH2 stock on TipRanks’ Stock Analysis page.

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