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
+44 20 3811
8770
Alfred Henry Corporate Finance
Limited (LSE Corporate Adviser)
Nick Michaels/Maya Klein
Wassink
+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 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.
