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Last checked at 
24 Oct 2025 07:00
24 October 2025
Clean Power Hydrogen plc
("CPH2", the "Company" or the "Group")
Award under Salary Sacrifice Scheme
CPH2, the UK-based green hydrogen technology and manufacturing company that has developed the IP-protected Membrane-Free Electrolyser ("MFE"), announces an award of options (the "Options") under the Salary Sacrifice Scheme established in respect of Chief Executive Officer, Jon Duffy. As announced on 31 July 2025 in connection with the now completed Fundraising, Mr Duffy agreed, pending the successful Site Acceptance Test of the MFE220, to receive 20% of his salary in new Ordinary Shares in lieu of cash remuneration in order to preserve capital and ensure funds are directed towards project activities.
This payment in lieu of salary has been made in the form of the award of Options that will vest on 30 June 2026. The quantum of the award has been calculated based on 5 pence per Ordinary Share, being the price at which shares were issued pursuant to the Fundraising. Accordingly, the Company has awarded 1,038,984 Options under the Company's Unapproved Options Scheme with an exercise price of 1p each and an expiry tenure of ten years from the date of issue.
Following the grant of the Options, the Company has 26,249,883 shares under option, representing 5.23% 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) 203 757 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 has resulted in the delivery of proven and patented disruptive hydrogen technology. Customers benefit from simple, safe and sustainable technology shown to deliver a modular solution to their hydrogen requirements 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 at this scale. 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 | Jon Duffy | |||
2 | Reason for the notification | ||||
a) | Position/status | PDMR - CEO 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 Unapproved Option Scheme | |||
Identification code | GB00BP371R64 | ||||
b) | Nature of the transaction | Grant of options
| |||
c)
| Price(s) and volume(s) | ||||
| Price | Volume | |||
£0.01 | 1,038,984 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | N/A | ||||
- Price | |||||
e) | Date of the transaction | 23 October 2025 | |||
f) | Place of the transaction | Outside a trading venue | |||
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