REG - Hydrogen Utopia Intl - Appointment of Non-Executive Director

Hydrogen Utopia InternationalAnnouncement

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RNS Number : 8933M  Hydrogen Utopia International PLC  16 June 2025

The information contained within this announcement is deemed by the
Company to constitute inside information stipulated under the Market
Abuse Regulation (EU) No. 596/2014 as it forms part of UK domestic law by
virtue of the European Union (Withdrawal) Act 2018.  Upon the
publication of this announcement via the Regulatory Information Service,
this inside information is now considered to be in the public domain. 
  

16 June 2025

Hydrogen Utopia International PLC

 (the "Company" or "HUI")

 

Appointment of Naser Nuredini as a Non- Executive Director

 

Hydrogen Utopia International PLC (HUI), a company specialising in turning
non-recyclable mixed waste plastic into hydrogen and other carbon-free fuels,
new materials, or distributed renewable heat, is delighted to announce that it
has appointed Mr Naser Nuredini as a Non- Executive Director of HUI with
immediate effect.

As the former Minister of Environment and Physical Planning for the Republic
of North Macedonia, Mr Nuredini was instrumental in driving transformative
environmental and climate policy reforms. Under his leadership, the country
made significant strides towards aligning with EU environmental standards and
global climate commitments. He played a pivotal role in securing substantial
international funding through multilateral financial institutions, enabling
the implementation of major green infrastructure and climate adaptation
projects. His tenure was marked by active engagement on the international
stage, representing North Macedonia in high-level negotiations with the
European Union, the United Nations, and various regional platforms, where he
consistently advocated for ambitious climate action and sustainable
development strategies.

Prior to his public service, Mr Nuredini built a successful career in the
international financial sector. He spent over a decade in London, where he
held senior positions at globally renowned institutions including ING Bank and
UniCredit Bank. There, he led operations in emerging European equity trading
and structured finance, gaining extensive experience in navigating complex
markets and managing risk. He later transitioned into asset management,
serving as director of ESG-focused investment funds, where he championed the
integration of environmental, social, and governance principles into
investment strategies.

Throughout his career, Mr Nuredini has demonstrated an unwavering commitment
to advancing climate-resilient, inclusive growth. His unique blend of policy
leadership and financial acumen positions him as a compelling voice in global
efforts to tackle climate change, promote sustainability, and foster
cross-border collaboration for a greener future.

The Company also announces that it has granted options over 1,470,588 shares
to Mr Nuredini under the terms of the Company's share option scheme. The
options have an exercise price of £0.017 per share and will vest over a
period of 2 years.

Naser Nuredini, commented: "Transforming waste into clean energy isn't just
innovation, it's a bold commitment to a future where environmental
responsibility and economic opportunity go hand in hand. I am excited to
support Hydrogen Utopia's mission to make that future a reality. I have had
the pleasure of working with Aleksandra Binkowska before my appointment, and I
am deeply impressed by the remarkable resilience the Company has demonstrated
under her leadership, particularly during one of the most challenging periods
in the market. Her vision and determination continue to drive Hydrogen Utopia
forward as a force for meaningful, sustainable change."

Aleksandra Binkowska, Chief Executive Officer of HUI, commented: "Mr Naser
Nuredini is a highly respected environmental policy leader and former
government minister, renowned for his influential work at the crossroads of
sustainable development, multilateral diplomacy, and international finance.
With a career spanning both public service and the private sector, he brings a
rare and valuable blend of strategic policy expertise and financial acumen. I
am truly honoured that Mr Nuredini has accepted a seat on the Board of
Hydrogen Utopia International. His international experience, strong diplomatic
presence, and deep-rooted connections will be instrumental in advancing our
mission, not only across the Balkans but on the global stage. I couldn't be
more grateful to have someone of his calibre join us as we work to drive
meaningful environmental change."

For further information, please contact:

 Hydrogen Utopia International PLC                         +44 20 3811 8770

 Aleksandra Binkowska
 Alfred Henry Corporate Finance (Corporate Advisor)   +44 (0) 20 8064 4056

 Nick Michaels/Maya Klein Wassink

 Capital Plus Partners Limited (Broker)               +44 (0)207 432 0505

 Dominic Berger

 Novum Securities Limited (Broker)                    +44 20 7399 9400

 Jon Belliss/Colin Rowbury

 

About Hydrogen Utopia International PLC

 

HUI aims to become one of the leading new European companies specialising in
converting 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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