Restoration to Trading and Financial Position

Summary by AI ^BETAClose X

Clean Power Hydrogen plc has requested the lifting of its trading suspension following a proposed fundraising, with the Firm Placing element raising approximately £2.54 million in gross proceeds. The net proceeds from this placement are expected to provide sufficient working capital through December 2026, addressing the company's constrained working capital position. If the remaining fundraising elements are completed, the total net proceeds will support a shift towards a capital-light model focused on strategic partnerships, manufacturing agreements, and technology licensing, providing at least 12 months of working capital through June 2027.

Disclaimer*

Clean Power Hydrogen PLC

07 July 2026

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7 July 2026

Clean Power Hydrogen plc

("CPH2", the "Company" or the "Group")

Restoration to Trading and Financial Position

Clean Power Hydrogen plc (AIM: CPH2), the UK-based green hydrogen technology company, confirms that it has requested the suspension of trading in the Company's ordinary shares to be lifted at 7.30 a.m. today. This follows the announcement of the proposed Fundraising on 1 July 2026.

The Firm Placing element of the Fundraising, which raised gross proceeds of approximately £2.54 million, is expected to complete today following the Admission of the Firm Placing Shares to trading on AIM. The net proceeds of the Firm Placing are expected to address the Company's constrained working capital position by providing the Company with sufficient working capital through to December 2026.

Subject to completion of the remaining elements of the Fundraising, the total net proceeds are expected to support the Company's revised strategic direction with a focus on transitioning towards a capital-light model, centred on strategic partnerships, manufacturing agreements and the global licensing of its proprietary technology and are expected to provide the Company with sufficient working capital for at least the 12-month period ending June 2027.

For more information, please contact:

Clean Power Hydrogen plc	+44 (0)130 232 8075
Richard Scott, Chief Executive Officer Elect
James Hobson, Chief Financial Officer

Cavendish Capital Markets Limited - NOMAD & Joint Broker
Neil McDonald	+44 (0)131 220 9771
Peter Lynch	+44 (0)131 220 9772
Hanna Leijonmarck	+44 (0)20 7220 6029

Turner Pope Investments (TPI) Limited - Joint Broker
Andy Thacker	+44 (0)20 3657 0050
Guy McDougall

Background on CPH2

CPH2 is the holding company of Clean Power Hydrogen Group Limited which has a decade of dedicated research and product development experience that has delivered global patents in breakthrough hydrogen and oxygen production technology. The Group's strategic objective is to deliver the lowest lifetime LCOH in the market in relation to the production of hydrogen for the growing electrolysis or decentralised markets and alternative energy markets. CPH2 is listed on the AIM market and trades under the ticker AIM:CPH2.

For more information: https://www.cph2.com

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