Hydrogen Utopia International PLC Director/PDMR Shareholding (4564M)
12 Enero 2023 - 1:00AM
UK Regulatory
TIDMHUI
RNS Number : 4564M
Hydrogen Utopia International PLC
12 January 2023
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN
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WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.
12 January 2023
Hydrogen Utopia International PLC
(the "Company" or " HUI")
Director/PDMR Shareholding
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 Howard White has purchased 350,000 ordinary shares
of 0.1p each in the Company ("Ordinary Shares") at an average price
of 16.1277 per Ordinary Share as set out below. Howard White is an
Executive Director of HUI.
Following this acquisition, Howard White has a total interest in
15,310,834 Ordinary Shares, representing 3.98% of the voting rights
of the Company. The Company has 384,320,000 Ordinary Shares in
issue. The notification below, made in accordance with the
requirements of the Market Abuse Regulation, provides further
information.
The Directors of the Company accept responsibility for the
content of this announcement.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
Details of the person discharging managerial responsibilities
1 / person closely associated
-------------------------------------------------------------------
a) Name Howard White
--- ---------------------------- -------------------------------------
Reason for the notification
2
--- -------------------------------------------------------------------
a) Position/status Executive Director
--- ---------------------------- -------------------------------------
b) Initial notification Initial notification
/Amendment
--- ---------------------------- -------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
--- -------------------------------------------------------------------
a) Name Hydrogen Utopia International PLC
--- ---------------------------- -------------------------------------
b) LEI 213800COE9HVHUKUE126
--- ---------------------------- -------------------------------------
Details of the transaction(s): section to be repeated
4 for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
--- -------------------------------------------------------------------
a) Description of the Ordinary Shares of 0.1p each
financial instrument, ISIN: GB00BMFR8J48
type of instrument
Identification code
--- ---------------------------- -------------------------------------
b) Nature of the transaction Purchase of Ordinary Shares
--- ---------------------------- -------------------------------------
c) Price(s) and volume(s) Price Volume
---------------------- --------
Average Price:
16.1277p (Highest
price:16.4p; lowest
price: 15.9p) 350,000
---------------------- --------
--- ---------------------------- -------------------------------------
d) Date of the transaction 11 January 2023
--- ---------------------------- -------------------------------------
e) Place of the transaction London Stock Exchange
--- ---------------------------- -------------------------------------
ENDS
For further information please contact:
Hydrogen Utopia International PLC
Aleksandra Binkowska/Guy Peters
+44 20 3811 8770
Alfred Henry Corporate Finance Limited (AQSE Corporate
Adviser)
Nick Michaels
+44 20 3772 0021
Novum Securities Limited (Broker)
Jon Belliss/Colin Rowbury
+44 20 7399 9400
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.
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END
DSHBIGDBDSBDGXB
(END) Dow Jones Newswires
January 12, 2023 02:00 ET (07:00 GMT)
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