(Alliance News) - HydrogenOne Capital Growth PLC on Wednesday said it knows of no reason for a recent decline in its share price.

The London-based hydrogen technology investment fund added that it had no exposure to Silicon Valley Bank. Meanwhile, it said it continued to monitor wider market events as they relate to the company.

Hydrogen One Capital Growth will release its annual results next Tuesday.

HydrogenOne Capital Growth shares rose 23% to 50.00 pence each in London on Wednesday morning, but were down 4.9% from last Thursday and 25% lower than on February 28.

By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.