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An announcement from Clean Power Hydrogen PLC ( (GB:CPH2) ) is now available.
Clean Power Hydrogen plc announced the successful passing of all resolutions at its recent General Meeting, relating to a fundraising initiative. As part of the fundraising, the company will issue over 84 million new shares, and these will be listed on the AIM market of the London Stock Exchange starting January 9, 2025. This share issuance is expected to strengthen CPH2’s capital base, allowing existing investors to maintain their stakes and potentially enhance the company’s market position in the green hydrogen sector.
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 the Membrane-Free Electrolyser (MFE), which is protected by intellectual property rights, focusing on advancing sustainable energy solutions.
YTD Price Performance: 3.50%
Average Trading Volume: 386,952
Technical Sentiment Consensus Rating: Buy
Find detailed analytics on CPH2 stock on TipRanks’ Stock Analysis page.
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