RCS - Hydrogen Utopia Intl - Cessation of trading on AQSE

Hydrogen Utopia InternationalAnnouncement

15/02/2023 08:15

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RNS Number : 9331P  Hydrogen Utopia International PLC  15 February 2023

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PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED
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JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.

 

15 February 2023

 

Hydrogen Utopia International PLC

 (the "Company" or "HUI")

 

Cessation of trading on AQSE

Hydrogen Utopia International PLC, a company specialising in turning
non-recyclable mixed waste plastic into hydrogen and other carbon-free fuels,
new materials or distributed renewable heat, announces that trading in its
ordinary shares ("Ordinary Shares") on the AQSE Main Market ("AQSE") ceased at
4:30 p.m. yesterday, 14 February 2023.

Trading in the Ordinary Shares will continue on the London Stock Exchange, the
Open Market of the Frankfurt Stock Exchange and the OTCQB.

Shareholders do not need to take any action in relation to their shareholdings
- trading will continue on the above markets automatically.

The Directors of the Company accept responsibility for the content of this
announcement.

 

For further information please contact:

 

Hydrogen Utopia International PLC

Aleksandra Binkowska/Guy Peters

+44 20 3811 8770

 

Alfred Henry Corporate Finance Limited (AQSE Corporate Adviser)

Nick
Michaels

+44 20 3772 0021

 
 
 

Novum Securities Limited (Broker)
 

Jon Belliss/Colin
Rowbury

+44 20 7399 9400

 

About Hydrogen Utopia International PLC

HUI aims to become one of the leading new European companies specialising in
turning non-recyclable mixed waste plastic into hydrogen and other carbon-free
fuels, new materials or distributed renewable heat.

 

A HUI facility uses non-recyclable mixed waste plastic as feedstock and turns
it into syngas from which new products and energy can be produced. HUI
anticipates that its revenues will be derived from a variety of sources,
dependent upon location and configuration of the HUI facilities, including the
sale of syngas, hydrogen and other gases, electricity and heat sales, and the
payment to it of fees for a given quantity of non-recyclable mixed waste
plastic received at a HUI facility.

 

HUI will target areas where there is significant private sector interest or
potential, financial backing is accessible and or where substantial EU and/or
government funded sources of grants and loans are or may be available. The
global increase in fossil fuel-based energy prices reinforces the need for
alternative, price competitive energy sources, which HUI's business model can
provide.

 

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