5 June 2025
Clean Power Hydrogen plc
("CPH2", the "Company" or the "Group")
2025 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 6 May 2025 all employees of the Company were invited to participate in its HMRC compliant 'Save As You Earn' scheme (the "Scheme").
A total of 21 employees of the Company applied to participate in the Scheme, resulting in the grant of options to subscribe for an aggregate of 2,437,990 new Ordinary Shares in the Company (the "Options") on 4 June 2025.
The Options have an exercise price, calculated in accordance with the rules of the Scheme, of 4.8 pence per Option (representing a 20% discount to the closing mid-market price per Ordinary Share on 2 May 2025, 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 July 2028.
Following these option grants, the Company has 25,883,399 shares under option. This represents, following the increase in options mentioned above, 7.30% of the issued share capital of the Company.
ENDS
For more information, please contact:
| Clean Power Hydrogen plc | via Camarco |
| Jon Duffy, Chief Executive Officer | |
| James Hobson, Chief Financial Officer | |
| | |
| Cavendish Capital Markets Limited - NOMAD & Broker | |
| Neil McDonald | +44 (0)131 220 9771 |
| Peter Lynch | +44 (0)131 220 9772 |
| Adam Rae | +44 (0)131 220 9778 |
| | |
| Camarco PR | + 44(0) 20 3 757 4980 |
| Owen Roberts | |
| Kirsty Duff | |
To find out more, please visit: https://www.cph2.com
Overview of CPH2
CPH2 is the holding company of Clean Power Hydrogen Group Limited 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. CPH2 is listed on the AIM market and trades under the ticker LON:CPH2.
| 1
| Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA") | ||||
| a) | Name | Arash Selahi | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | PDMR - COO of Clean Power Hydrogen Group Limited, subsidiary of Clean Power Hydrogen plc | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Clean Power Hydrogen plc | |||
| b) | LEI | 9845009D2AB08E5BF491 | |||
| 4
| Details of the transaction(s): section to be repeated for (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 instrument, type of instrument | Grant of options to subscribe for new ordinary shares under the Company's SAYE Scheme | |||
| | | ||||
| Identification code | GB00BP371R64 | ||||
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| b) | Nature of the transaction | Grant of options
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| c)
| Price(s) and volume(s) | | | | |
| |
| Price | Volume | | |
| | | £0.048 | 153,333 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | N/A | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e) | Date of the transaction | 4 June 2025
| |||
| f) | Place of the transaction | Outside a trading venue | |||
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