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Hydrogenone Capital Growth Plc Suspends Listing Amid Valuation Delays

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Hydrogenone Capital Growth Plc Suspends Listing Amid Valuation Delays

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Hydrogenone Capital Growth Plc ( (GB:HGEN) ) just unveiled an announcement.

Hydrogenone Capital Growth Plc has announced a temporary suspension of its stock listing due to delays in obtaining necessary information for evaluating its portfolio. The company is facing material uncertainties regarding the valuation of its investments, which has impacted its ability to publish its Net Asset Value and interim financial report on time. The board is working with new advisers to resolve these issues and plans to seek shareholder approval for a managed realisation strategy to address the company’s financial challenges.

The most recent analyst rating on (GB:HGEN) stock is a Hold with a £0.65 price target. To see the full list of analyst forecasts on Hydrogenone Capital Growth Plc stock, see the GB:HGEN Stock Forecast page.

More about Hydrogenone Capital Growth Plc

Hydrogenone Capital Growth Plc is a London-listed fund that invests in clean hydrogen, focusing on the development and growth of hydrogen technologies and infrastructure.

Average Trading Volume: 268,907

Technical Sentiment Signal: Sell

See more insights into HGEN stock on TipRanks’ Stock Analysis page.

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