Senior Management Team Strengthened

RNS Number : 6403I

Clean Power Hydrogen

06 December 2022

 

6 December 2022

Clean Power Hydrogen Plc

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

Senior Management Team Strengthened

CPH2, the UK-based green hydrogen technology and manufacturing company that has developed the IP-protected Membrane-Free Electrolyser ("MFE"), is pleased to confirm that Arash Selahi has been promoted to the position of Chief Operating Officer. Mr Selahi has been the Company's Head of Operations since May 2022 and has an extensive background in managing industrial manufacturing facilities in a range of sectors.

In this role, Mr Selahi will be focused on leading the safe and sustainable operations of the business through the development and implementation of the most efficient processes possible for the delivery of the Company's product to the market. Mr Selahi will continue to promote a culture of continuous improvement coupled with placing safety and inclusivity at the centre of the Company's operations.

Further to previous announcements, the Company is pleased to confirm that James Hobson has taken up his role of Chief Financial Officer ("CFO") and executive director. As such, Clive Brook has now retired from his role as CFO and as a director of the Company.

The Company is also in the process of identifying a new Chief Technical Officer to join in early 2023 and further supplement the strengthened management team.

Jon Duffy, Chief Executive Officer of CPH2, commented:

" We are delighted to announce the promotion of Arash to his role as the Group's Chief Operating Officer and to welcome James in his role as Chief Financial Officer. Both roles will aid in further strengthening the senior management of the Company and will enhance our structure as we upscale the business to deliver on our existing order book and the increasingly strong indication of interest in our products that we are seeing.

I'd like to express the Board's sincere thanks and good wishes to Clive for his hard work and commitment in seeing the Company through its early development and the rigorous IPO process."

For more information, please contact:

Clean Power Hydrogen Plc	via Camarco
Jon Duffy, Chief Executive Officer
Cenkos Securities plc - NOMAD & Broker
Neil McDonald	[phone]
Peter Lynch	[phone]
Adam Rae	[phone]
Camarco PR	+ 44(0) 20 3 757 4980
Billy Clegg
Owen Roberts
Fergus Young

To find out more, please visit: https://www.cph2.com

Overview of CPH2

CPH2 is the holding company of Clean Power Hydrogen Group Limited ("CleanPower") 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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