1st Apr 2022 16:54
HydrogenOne Capital Growth PLC - hydrogen investment fund managed by HydrogenOne Capital LLP - As at December 31, net asset value per share dips to 95.75 pence from 98.0p as at the company's listing on July 30, driven by a fall in listed hydrogen focused stocks in December.
Value of portfolio at the end of December is GBP68.8 million. Portfolio contains 19 listed stocks, including Sunfire AG, HiiROC Ltd and NanoSUN Ltd.
"We have delivered what we said we would when we listed, and done so ahead of schedule. Since the formation of your company, it has become clear the macro environment has been moving quickly. Clean energy, and hydrogen in particular, has a key role to play in achieving the ambitious Net Zero target. This was emphasised at COP26 in Glasgow last November where hydrogen was highlighted as an integral part of the energy transition with numerous declarations made supporting the acceleration of demand and investment," said Chair Simon Hogan.
Current stock price: 109.00 pence
12-month change: up 9.0%
By Dayo Laniyan; [email protected]
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