Clean Power Hydrogen Launches 2025 Save as You Earn Scheme
Why we think this is neutral
The RNS announcement is about the launch of a Save as You Earn Scheme for employees, which is a routine corporate action and does not contain any significant news that would impact the company's performance or outlook.
Key Points
- CPH2 has launched a new Save as You Earn Scheme for employees
- 21 employees have applied to participate, resulting in the grant of 2,437,990 share options
- The options have an exercise price of 4.8 pence per share, representing a 20% discount to the previous closing price
Summary
The green hydrogen technology company has launched a new employee share option scheme, allowing staff to purchase shares at a discounted price.
Clean Power Hydrogen plc (CPH2) has announced the launch of its 2025 Save as You Earn Scheme, which allows employees to purchase the company's shares at a 20% discount to the market price. A total of 21 employees have applied to participate in the scheme, resulting in the grant of options to subscribe for 2,437,990 new ordinary shares.
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