Hydrogen Utopia International PLC Result of AGM

RNS Number : 2163U

Hydrogen Utopia International PLC

27 June 2024

 

Hydrogen Utopia International PLC  

 (the "Company" or "HUI") 

  

Results of AGM

 

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, announces that, at its Annual General Meeting ("AGM") held earlier today, all of the Resolutions as set out in the AGM Notice were duly passed on a show of hands. On written request, a summary of the votes submitted by proxy before the meeting can be provided.

 

Aleksandra Binkowska, CEO of HUI, commented: "Thank you to all of our shareholders who took the time to visit Ohrid Organics DOO's medical cannabis facilities today. Thank you for believing in our vision and supporting HUI's journey towards building the first commercial size waste plastic to hydrogen facility."

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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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