HUI’s First Institutional Investor Placing
Hydrogen Utopia International PLC has successfully raised £600,000 through a strategic placement of 26,666,667 new ordinary shares at 2.25 pence per share, along with 13,333,334 warrants exercisable at 3 pence. These funds will accelerate growth in Saudi Arabia and other GCC markets, support the commercial deployment of Inentec 'PEM' melter technology, and advance the company's role in the clean energy transition. Following admission of the new shares on or around December 15, 2025, the company will have 432,635,273 ordinary shares in issue.
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Hydrogen Utopia International PLC, a pioneering company converting non-recyclable mixed waste plastic into hydrogen and other carbon-free fuels, new materials, or distributed renewable heat, is delighted to announce a strategic placement with its first institutional investor.
The placing raised gross proceeds of £600,000 through the placing of 26,666,667 new ordinary shares at the price of 2.25 per share under existing share authorities ("Placing Shares"). In addition, the investor will receive 13,333,334 warrants priced at 3p, issued at a ratio of one warrant for every two placing shares. Each warrant can be exercised for one share and will remain valid for 24-month from the date of issue.
Proceeds will accelerate the Company's growth in the Kingdom of Saudi Arabia (KSA) where HUI has already received a MISA (Ministry of Investment Saudi Arabia) licence and support from SIRC (Saudi Investment Recycling Company) and RDIA (Research, Development and Innovation Authority) and other key GCC (Gulf Cooperation Council) markets. Further, it will also support the commercial deployment of the Inentec 'PEM' melter commercial waste-to-hydrogen technologies and advance HUI's role in the global transition to clean energy.
Application has been made for the Placing Shares to be admitted to trading on the London Stock Exchange on or around 15 December 2025 ("Admission") and the Placing Shares will rank pari passu with the ordinary shares of the Company in issue.
On Admission the Company will have 432,635,273 ordinary shares in issue, each ordinary share with one voting right. This number should be used by shareholders as the denominator for the calculation by which shareholders will determine if they are required to notify their interest in, or a change to their interest in the Company.
Aleksandra Binkowska, CEO of Hydrogen Utopia International PLC, commented: "This is a transformative milestone for HUI. We are delighted to welcome a strategic institutional investor whose confidence will enable rapid scaling in leading hydrogen markets. This partnership highlights the strong impact of our technology in turning mixed plastic waste and any other organic waste into sustainable, low-carbon hydrogen energy in the GCC. I sincerely thank our investor for their support and their belief in our mission."
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.