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Hydrogenone Capital Growth Plc ( (GB:HGEN) ) has issued an announcement.
Hydrogen Capital Growth Plc has faced significant challenges, leading to a strategic shift in its operations. The company has changed its investment adviser to RWC Asset Management LLP and its Alternative Investment Fund Manager to Global Fund Management Services Limited, aiming for a managed realization of its remaining assets. The company has been unable to provide additional funding to its portfolio companies due to cash constraints and has been exploring various options to stabilize its financial position, including cost-cutting measures and renegotiating service contracts. The board has recommended a managed wind down policy, with a general meeting scheduled for December 2025 to approve this strategy. The company’s shares were temporarily suspended from trading due to valuation uncertainties and delays in publishing the interim report.
The most recent analyst rating on (GB:HGEN) stock is a Hold with a £0.65 price target. To see the full list of analyst forecasts on Hydrogenone Capital Growth Plc stock, see the GB:HGEN Stock Forecast page.
More about Hydrogenone Capital Growth Plc
Hydrogen Capital Growth Plc (HGEN) is the first London-listed fund focused on investing in clean hydrogen to achieve a positive environmental impact. Launched in 2021, the company aims to deliver capital growth by investing in a diversified portfolio of hydrogen and related assets, while integrating ESG principles. It is classified as an Article 9 climate impact fund under the Sustainable Finance Disclosure Regulation.
Average Trading Volume: 206,554
Technical Sentiment Signal: Sell
Find detailed analytics on HGEN stock on TipRanks’ Stock Analysis page.