21 June 2023
Clean Power Hydrogen Plc
("CPH2", the "Company" or the "Group")
Result of AGM
CPH2, the UK-based green hydrogen technology and manufacturing company that has developed the IP-protected Membrane-Free Electrolyser ("MFE"), announces that, at the AGM held earlier today, all the resolutions put to the meeting were duly passed.
The results of the proxy votes were as follows:
|
| Resolutions | For | % of votes cast* | Against | % of votes cast*
| Withheld |
|
| Ordinary Resolutions: |
|
|
|
|
|
| 1 | To receive the Annual Report and Accounts for the year ended 31 December 2022 | 16,262,214 | 94.09 | 1,021,696 | 5.91 | 7,570 |
| 2 | To elect James Hobson as a Director who, having been appointed since the last annual general meeting, retires and offers himself for election | 17,281,470 | 100.00 | 724 | 0.00 | 9,286 |
| 3 | To reappoint PKF Littlejohn LLP as Auditor of the Company and to authorise the Directors to agree its remuneration | 17,210,068 | 99.75 | 43,522 | 0.25 | 37,890 |
| 4 | To authorise the Directors to allot shares | 17,276,530 | 99.95 | 8,230 | 0.05 | 6,720 |
|
| Special Resolutions: | | | | | |
| 5 | To disapply the statutory pre-emption rights of the Companies Act 2006 | 17,107,873 | 98.98 | 176,764 | 1.02 | 6,843 |
| 6 | To authorise the Company to purchase its own shares | 16,843,094 | 97.44 | 441,666 | 2.56 | 6,720 |
*excluding votes withheld
The full text of each of the resolutions is set out in the Notice of AGM, available on the Company's website (www.cph2.com)
For more information, please contact:
| Clean Power Hydrogen Plc | via Camarco |
| Jon Duffy, Chief Executive Officer James Hobson, Chief Financial Officer | |
| | |
| Cenkos Securities plc - 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 |
| Billy Clegg | |
| Owen Roberts | |
| Lily Pettifar | |
To find out more, please visit: https://www.cph2.com
Overview of CPH2
CPH2 is the holding company of Clean Power Hydrogen Group Limited ("Clean Power") 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. The Group's MFE technology is already commercially available and demonstrating cost efficiencies and technological advantages. CPH2 is listed on the AIM market and trades under the ticker LON:CPH2.
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