REG - Hydrogen Utopia Intl - Non-Executive Chairman Simon Mann

Hydrogen Utopia InternationalAnnouncement

09/05/2025 18:30

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RNS Number : 1570I  Hydrogen Utopia International PLC  09 May 2025

 

Hydrogen Utopia International PLC

 (the "Company" or "HUI")

 

Non-Executive Chairman Simon Mann

 

It is with great sadness that the Board announces the passing of Simon Mann,
Non-Executive Director of HUI.

Simon was a passionate advocate of HUI's mission. He worked tirelessly with
Aleksandra Binkowska to realise the roll out of HUI's waste plastic to
hydrogen facilities.

He will be long remembered and thoroughly missed. Our thoughts are with his
family and friends at this time.

Howard White has been appointed Interim Non-Executive Chairman with immediate
effect.

Aleksandra Binkowska, CEO, commented: "Simon was never the conventional
choice for Chairman, and that's exactly what made him the right one.  He
brought something different, a depth of insight, an extraordinary network, and
an ability to open doors most of us didn't even know existed. His influence
reached far beyond titles or roles. He quietly shaped major decisions and made
space for bold, meaningful work. Due to confidentiality agreements, we can't
disclose all that he was involved in, but those of us who worked closely with
him know just how much he carried and how much he has done for HUI. We were
all present at HUI's Board Meeting just yesterday. He was, as always, focused,
calm, thoughtful, funny, and already looking ahead to the next challenge. He
left in a rush to attend another meeting, and none of us imagined it would be
our last encounter. Simon's legacy will live on, not only in the projects he
led or the organisations he shaped, but in how he made people feel seen,
supported, and inspired.  In my moments of doubt, he used to repeat " HUI has
to work because it's right". His absence is palpable".

For further information, please contact:

Hydrogen Utopia International PLC

Aleksandra Binkowska

+44 20 3811 8770

Alfred Henry Corporate Finance Limited (LSE Corporate Adviser)

Nick Michaels/Maya Klein
Wassink

+44 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 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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