REG - Hydrogen Utopia Intl - Placing

Hydrogen Utopia InternationalAnnouncement

11/06/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250611:nRSK2948Ma&default-theme=true

RNS Number : 2948M  Hydrogen Utopia International PLC  11 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. 
  

 

11 June 2025

Hydrogen Utopia International PLC

 (the "Company" or "HUI")

 

Placing

 

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, is pleased to announce that,
further to the announcement of 6 June 2025, it has raised gross proceeds of
£250,000 from an investor through the placing of 14,285,715 new ordinary
shares ("Placing Shares") at the price of £0.0175 per share under existing
unspent share authorities.

 

The proceeds are intended to be used towards progressing the proposed access
to 10 exclusive licences for InEnTec's advanced TRL9 (Technology Readiness
Level 9) waste-to-hydrogen technology across the Middle East and North Africa
region.

 

Application has been made for the Placing Shares to be admitted to trading on
the London Stock Exchange on or around 16 June 2025 ("Admission") and the
Placing Shares will rank pari passu with the ordinary shares of the Company in
issue.

 

On Admission the Company will have 399,805,715 ordinary shares in issue, each
ordinary share with one voting right. This number should be used by
shareholders as the denominator for the calculation by which shareholders will
determine if they are required to notify their interest in, or a change to
their interest in the Company.

 

The Company is also pleased to announce the appointment of Capital Plus
Partners Ltd as joint broker alongside Novum Securities Limited.

 

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.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  IOEDZGMVMGGGKZZ