Final Decision + 49% Acquisition of Ohrid Organics
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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, informs the market that HUI and Essential Energy Holding Corp. ("Essential Energy") ("Parties") have mutually agreed that it would not be in the Parties' best interests, for commercial reasons, to pursue the proposed acquisition of the entire issued share capital of Essential Energy.
HUI is pleased to confirm that the acquisition of 49% of Ohrid Organics Limited is proceeding.
The Company will make further announcements, as appropriate.
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