Director and Employee Share Option Repricing
10 October 2025
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Hydrogen Utopia International PLC
(the "Company" or "HUI")
Director and Employee Share Option Repricing
Hydrogen Utopia International PLC (LSE: HUI), a company developing technology to convert non-recyclable waste plastics into hydrogen and other clean energy, announces that the Remuneration Committee, led by Steve Medlicott and Paul Formanko, has undertaken a review of director and employee remuneration and incentive arrangements.
Over the past twelve months, the Company has operated with a minimal cost base, during which both executive and non-executive directors have forgone the majority of their salaries to preserve cash resources. During this period, the Company has also revised its strategic focus, which, despite operational progress, has coincided with a decline in the Company's share price. As a result, previously awarded share options are now substantially out of the money.
Following careful consideration, the Remuneration Committee has resolved to reprice certain existing share options and to grant new options to directors and employees in recognition of unpaid remuneration and to provide appropriate long-term incentives aligned with shareholder interests.
Please see the entire contents of the announcement via the London Stock Exchange here: Director and Employee Share Option Repricing - 17:01:43 10 Oct 2025 - HUI News article | London Stock Exchange
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.