Hydrogen Utopia International PLC Notice of AGM and Posting of 2023 Final Results

RNS Number : 2161R

Hydrogen Utopia International PLC

05 June 2024

 

Hydrogen Utopia International PLC  

 (the "Company" or "HUI") 

  

Notice of Annual General Meeting

Posting of 2023 Final Results

 

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 the Final Results for the year ending 31 December 2023 ("2023 Final Results"), the Notice of Annual General Meeting and the Form of Proxy has been sent to shareholders. The 2023 Final Results and the Notice of Annual General Meeting are available on the Company's website: https://www.hydrogenutopia.eu.

 

The Annual General Meeting will be held at Unique Resort, Str. Partizanska no.56, Ohrid, North Macedonia and via digital conference call details on 27 June 2024 at 1.00 p.m (CET) (12.00 p.m. BST). Conference call details will be circulated in advance of the Annual General Meeting.

 

Aleksandra Binkowska, CEO of HUI, commented: "Our potential partnership with Ohrid Organics is expected to significantly accelerate the prospects of a rollout of a waste plastic to hydrogen facility in North Macedonia. I have decided to hold this year's AGM in North Macedonia to give our shareholders the opportunity to visit Ohrid Organics DOO's operating facilities firsthand."

 

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For further information, please contact:  

 

Hydrogen Utopia International PLC 

Aleksandra Binkowska             

[phone]      

 

Alfred Henry Corporate Finance Limited (LSE Corporate Adviser)  

Nick Michaels/Maya Klein Wassink                                                    

[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 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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