Broker Appointment & Successful £850k Fundraise
Hydrogen Utopia International PLC
24 July 2026
The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.
24 July 2026
Hydrogen Utopia International PLC
(the "Company" or "HUI")
Broker Appointment & Successful £850k Fundraise
Hydrogen Utopia International PLC (LSE: HUI), a pioneering company transforming non-recyclable waste plastic into hydrogen, clean fuels and advanced materials, focusing on advanced fuels such as jet fuel and Sustainable Aviation Fuel (SAF), is pleased to announce the successful completion of a fundraise of £850,000 and the appointment of Clear Capital Markets as its sole broker with immediate effect. The Company would like to thank its outgoing broker for its support to date.
The Company has raised gross proceeds of £850,000 through the issue of 42,500,000 new ordinary shares at an issue price of 2.0p per share. The net proceeds of the fundraise will be used by the Company to support its expansion in Saudi Arabia, to advance the Fortress Fuels initiative, and to extend its exclusive licence agreements with Inentec, all of which the Board believes represent significant strategic opportunities for the Company as it continues to broaden its geographic footprint, diversify its operating base, and advance its ambitions in JP8 and SAF production.
This comes against a backdrop of growing global energy security concerns, with Brent crude having crossed $100 per barrel yesterday amid escalating Middle East tensions, and US Gulf Coast jet fuel spot prices trading at approximately $3.57 per gallon, underscoring the strategic importance of alternative, non-fossil-fuel-derived energy sources such as those HUI's technology is designed to provide.
Application has been made for the 42,500,000 new ordinary shares to be admitted to the Equity Shares (Transition) Category of the Official List of the FCA and to trading on the London Stock Exchange's Main Market for listed securities. Admission is expected to occur at 8.00 a.m. on or around 30 July 2026. The new ordinary shares will rank pari passu in all respects with the Company's existing ordinary shares.
Following Admission, the Company will have 475,135,273 ordinary shares in issue, each carrying one voting right. The Company holds no shares in treasury. Accordingly, the total number of voting rights in the Company will be 475,135,273.
Hydrogen Utopia International PLC
Aleksandra Binkowska
+4478 8077 0880
Alfred Henry Corporate Finance Limited (LSE Corporate Adviser)
Nick Michaels/Maya Klein Wassink
+44 20 8064 4056
Clear Capital Markets (Broker)
Bob Roberts
+44 (0)20 3869 6081
About Hydrogen Utopia International PLC
HUI aims to become one of the leading new companies specialising in converting 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 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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