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Clean Power Hydrogen PLC ( (GB:CPH2) ) has provided an announcement.
Clean Power Hydrogen PLC has announced a retail offer to raise up to £0.3 million through the issuance of new ordinary shares, priced at 7.5 pence per share. This retail offer is separate from a previously announced £6.0 million fundraising via a conditional placing and subscription, with the proceeds aimed at supporting the company’s strategic initiatives. The retail offer is available to UK-based retail shareholders, reflecting the company’s commitment to engaging its existing retail investor base. The completion of the retail offer is contingent upon the successful completion of the placing and subscription, with trading of the new shares expected to commence on the AIM market by 9 January 2025.
More about Clean Power Hydrogen PLC
Clean Power Hydrogen PLC operates in the renewable energy industry, focusing on the development and production of hydrogen-based energy solutions. The company is involved in creating innovative hydrogen technologies to support clean and sustainable energy systems.
YTD Price Performance: -35.23%
Average Trading Volume: 532,261
Technical Sentiment Consensus Rating: Buy
Learn more about CPH2 stock on TipRanks’ Stock Analysis page.
