-+ 0.00%
-+ 0.00%
-+ 0.00%
Clean Power Hydrogen Raises GBP7 Million via Placing, Subscription, Retail Offer
Share
Listen to the news
03:41 AM EDT, 07/16/2026 (MT Newswires) -- Clean Power Hydrogen (CPH2.L) raised 7.3 million pounds sterling in gross proceeds through a firm and conditional placing, conditional and director subscription, and a retail offer of new shares. The offerings comprise an issue of 169,333,333 firm and 40,666,666 conditional placing shares, 243,615,502 subscription and 666,667 director subscription shares, as well as 33,333,333 retail offer shares, according to a Thursday filing. The issue price for all offers was set at 0.015 pound apiece. The green hydrogen technology company will use the net proceeds to execute its revised strategy to transition into a capital-light model.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending