Trading on the Frankfurt Stock Exchange

RNS Number : 0757K

Hydrogen Utopia International PLC

19 December 2022

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY  OR INDIRECTLY, IN OR INTO OR FROM   THE UNITED STATES,  AUSTRALIA, CANADA, JAPAN, OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.

 19 December 2022

Hydrogen Utopia International PLC

 (the "Company" or"HUI")

Commencement of Trading on the Open Market of the Frankfurt Stock Exchange

Hydrogen Utopia International PLC, a company specialising in turning non-recyclable mixed waste plastic into carbon-free fuels especially hydrogen, new materials or distributed renewable heat, is pleased to announce that it has been informed by Deutsche Börse AG that trading in its ordinary shares of 0.1p each will commence on the Open Market of the Frankfurt Stock Exchange with effect from today.

Aleksandra Binkowska, CEO of HUI, commented: 

"Over the last two years we had significant investor interest and strong support on the European continent, especially in Germany and Poland. Our cooperation with Linde gives all of us hope that we will make the prospects of building a plastic waste to hydrogen facility come true. To my German Friends, a few words as a thank you, from J.W. Goethe: 'The moment one definitely commits oneself, then providence moves too. All sorts of things occur to help one that would never otherwise have occurred… Unforeseen incidents, meetings, and material assistance, which no man could have dreamed would have come his way'."

The directors of HUI accept responsibility for this announcement.

For more information about the Company, please refer to our website: www.hydrogenutopia.eu

For further information please contact:

Hydrogen Utopia International PLC

Aleksandra Binkowska/Guy Peters 

[phone] 

Alfred Henry Corporate Finance Limited (AQSE Corporate Adviser)

Nick Michaels 

[phone] 

Novum Securities Limited (Broker)                                                                  

Jon Belliss/Colin Rowbury 

[phone]

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.

The pressing need to deal with growing amounts of waste plastic combined with a real momentum in the use of hydrogen from renewable sources may pave the way for a rapid deployment of and investment in HUI facilities.

 

END

 

 

NEXEAKAPFAPAFFA