REG - Hydrogen Utopia Intl - PDMR/Director Share Purchases

Hydrogen Utopia InternationalAnnouncement

01/11/2023 07:45

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RNS Number : 0111S  Hydrogen Utopia International PLC  01 November 2023

 

1 November 2023

 

 

 

Hydrogen Utopia International PLC

 (the "Company" or "HUI")

 

Director/PDMR Share Purchase

 

 

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, has been notified that:

 ·   Howard White, executive director of HUI, has purchased 165,000 Ordinary Shares
     of £0.001 each in the Company on 31 October 2023 at a price of 6p per
     Ordinary Share. Following this purchase Howard White owns 15,475,834 Ordinary
     Shares representing approximately 4.01% of the total voting rights of the
     Company.
 ·   Simon Mann, non-executive Chairman of HUI, has purchased 142,000Ordinary
     Shares of £0.001 each in the Company on 31 October 2023 at a price of 6.975p
     per Ordinary Share. Following this purchase Simon Mann owns 142,000 Ordinary
     Shares representing approximately 0.037% of the total voting rights of the
     Company.
 ·   Steve Medlicott, non-executive director of HUI, has purchased 87,71 Ordinary
     Shares of £0.001 each in the Company on 31 October 2023 at a price of 6.5p
     per Ordinary Share. Following this purchase Steve Medlicott owns 354,386
     Ordinary Shares representing approximately 0.09% of the total voting rights of
     the Company.
 ·   Paul Formanko, non-executive director of HUI, has purchased 75,000 Ordinary
     Shares of £0.001 each in the Company on 31 October 2023 at a price of 6.449p
     per Ordinary Share. Following this purchase Paul Formanko owns 1,275,000
     Ordinary Shares representing approximately 0.33% of the total voting rights of
     the Company.

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 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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