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.
Today confirms that its Prospectus in respect of the anticipated listing of its Ordinary Shares to trading on the standard segment of the Official List of the Financial Conduct Authority (the “Official List”) and to trading on the main market of the London Stock Exchange (together “Admission”), has been approved by the FCA and published by the Company.
The Prospectus is available on the Company’s website: https://www.hydrogenutopia.eu/.
It is expected that Admission will become effective and that dealings in the Company’s Ordinary Shares will commence at 08:00 GMT on 21 December 2022, under the symbol “HUI”.
On Admission, the Company will have 384,320,000 Ordinary Shares in issue, with a market capitalisation of the Company on Admission (based on yesterday’s closing mid share price of 11.2p) of approximately £43 million. The ISIN number is GB00BMFR8J48 and the SEDOL is BMFR8J4.
The Company’s securities are already trading on the Access Segment of the Aquis Growth Market and the OTC QB.
Alfred Henry Corporate Finance Limited is acting as Financial Adviser to the Company in relation to Admission.
Guy Peters, Chairman of HUI, commented:
“Listing on the LSE’s main market is a major milestone for us, commencing the next chapter in HUI’s corporate development. Our focus on using non-recyclable waste plastic to produce hydrogen or other alternative energy sources is aimed at helping Europe and ultimately the rest of the world achieve net zero climate impact.”
Aleksandra Binkowska, CEO of HUI, commented:
“Following Voltaire: ” Go into the London Stock Exchange – a more respectable place than many a court – and you will see representatives from all nations gathered together for the utility of men.” I believe our listing on such a prestigious and strong exchange as the London Main Market will attract international investors and help accelerate building our facilities for turning non-recyclable waste plastic into syngas and hydrogen.“
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
+44 20 3811 8770
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