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.    

10 November 2025 

Hydrogen Utopia International PLC

(the "Company" or "HUI")

Extension of IPO Warrants

Hydrogen Utopia International PLC ("HUI" or the "Company"), a company holding the right to negotiate access to exclusive licences for the deployment of commercially proven InEnTec PEM Melter technology and developing its own proprietary process to convert non-recyclable plastic waste into hydrogen and other low-carbon fuels, is pleased to announce that the Directors have resolved to extend the term of the Company's warrants to subscribe for 40,000,000 ordinary shares issued to investors in connection with the placing and subscription undertaken at the time of the Company's IPO on the Access segment of the Aquis Stock Exchange on 6 January 2022 ("IPO Warrants").

Having secured the right to negotiate access to exclusive licences for the proven InEnTec PEM Melter technology across the MENA region, particularly within the Gulf Cooperation Council (GCC) countries, and following the recent granting of an Investment Registration Certificate by the Ministry of Investment of Saudi Arabia (MISA), the Company is now well positioned to advance its current negotiations into proposed commercialisation and partnerships across the region. The Board believes this is an exciting milestone and an appropriate time to extend the term of the IPO Warrants as HUI accelerates its expansion into high-growth markets.

The Kingdom of Saudi Arabia remains at the forefront of this regional transformation, championing clean energy innovation under Vision 2030. HUI is actively engaged in potential joint developments and commercial collaborations in Saudi Arabia and is in early discussions with its partners in Oman. Their shared objective is  turning non-recyclable plastics into valuable hydrogen fuel, advancing national sustainability and circular economy goals.

The Company expects to provide further updates as soon as practicable.

IPO Warrant Extension Details

IPO Warrant holders will now be entitled to subscribe for one new ordinary share for each share originally subscribed for in the placing and subscription undertaken in connection with the Company's IPO on the Access segment of the Aquis Stock Exchange on 6 January 2022. The exercise  period has been extended so that the IPO Warrants may now be exercised at any time up to the fourth anniversary of the Company's Admission to trading on the London Stock Exchange, namely until 9 January 2027.

The exercise price remains 15p per ordinary share, and all other terms and conditions of the IPO Warrants remain unchanged.

Howard White and Aleksandra Binkowska hold 13,333,334 and 266,666 IPO Warrants, respectively. The Directors holding IPO Warrants did not participate in the Board's consideration and approval of this extension.

The Board would like to take this opportunity to thank all shareholders for their continued confidence, loyalty, and belief in HUI's long-term vision.

For further information, please contact: 

Hydrogen Utopia International PLC

Aleksandra Binkowska                  

+44 7795235181

Alfred Henry Corporate Finance Limited (LSE Corporate Adviser)

Nick Michaels/Maya Klein Wassink                                                                         

+44 20 8064 4056

Novum Securities Limited (Broker)                                                                    

Jon Belliss/Colin Rowbury                                           

+44 20 7399 9400

Capital Plus Partners Limited (Broker)

Dominic Berger

+44 (0)207 432 0505

About Hydrogen Utopia International PLC 

HUI aims to become one of the leading new European 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 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.