REG - Hydrogen Utopia Intl - Director/PDMR Shareholding

Hydrogen Utopia InternationalAnnouncement

30/12/2024 07:00

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RNS Number : 5674R  Hydrogen Utopia International PLC  30 December 2024

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.    

30 December 2024

 

Hydrogen Utopia International PLC

 (the "Company" or "HUI")

 

Director/PDMR Shareholding

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 Howard White has
purchased 500,000 ordinary shares of 0.1p each in the Company ("Ordinary
Shares") at an average price of GBP 0.027 per Ordinary Share.

Following this acquisition, Howard White, Executive Director of HUI, has a
total interest in 16,775,834 Ordinary Shares, representing 4.35% of the voting
rights of the Company.

The Company has 385,520,000 Ordinary Shares in issue.

The notifications below, made in accordance with the requirements of the
Market Abuse Regulation, provides further information.

Howard White, Executive Director of HUI, commented: "I believe HUI shares
offer exceptional value at this time; I have gifted myself a belated Christmas
present."

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                                         Howard White
 2    Reason for the notification
 a)   Position/status                                                              Executive Director
 b)   Initial notification /Amendment                                              Initial notification
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 a)   Name                                                                         Hydrogen Utopia International PLC
 b)   LEI                                                                          213800COE9HVHUKUE126

 4    Details of the transaction(s): section to be repeated for (i) each type of
      instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted
 a)   Description of the financial instrument, type of instrument Identification   Ordinary Shares of 0.1p each
      code

                                                                                   ISIN: GB00BMFR8J48

 b)   Nature of the transaction                                                    Purchase of Ordinary Shares
 c)   Price(s) and volume(s)

    Price  Volume
                                                                                       0.027  500,000

 
 d)   Date of the transaction                                                      27 December 2024
 e)   Place of the transaction                                                     London Stock Exchange

 

d)

Date of the transaction

27 December 2024

e)

Place of the transaction

London Stock Exchange

 

ENDS

 

For further information please contact:

 

Hydrogen Utopia International PLC

Aleksandra Binkowska

+44 20 3811 8770

 

Alfred Henry Corporate Finance Limited (AQSE Corporate Adviser)

Nick Michaels/Maya Klein
Wassink

+44 (0) 20 8064 4056
 
 

 

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 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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