Grant of Share Options to Senior Management Team
24 August 2026
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.
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.
Hydrogen Utopia International PLC
(the "Company" or "HUI")
Grant of Share Options to Senior Management Team
Hydrogen Utopia International PLC (LSE: HUI), a pioneering company transforming non-recyclable waste plastic into hydrogen, clean fuels and advanced materials, is pleased to announce that the Board has approved the issue of new share options to our hard-working and loyal employees and consultants of the Company.
The grant of options reflects the ongoing commitment of the Company's employees and consultants, who have forgone pay rises, bonuses and fees over the last years in order to preserve the Company's cash resources as it continues to advance its waste-to-hydrogen and, most importantly, waste-to-SAF strategy. The Board considers that the issue of these options is an appropriate and cost-effective way to recognise and incentivise the team responsible for delivering the Company's growth.
The Board confirms the following grants of options, each with an exercise price of £0.0255 per share:
Duncan Snelling, Chief Technical Officer - 500,000 share options
James Nicholls-May, Chief Financial Officer - 500,000 share options
Paul Warwick, Sales Director - 500,000 share options
Katy O'Rorke, Marketing & Communications Director - 500,000 share options
The options will become exercisable 12 months from the date of grant and will expire 10 years from the date of grant.
If exercised in full, the options would result in the issue of 2,000,000 new ordinary shares, representing approximately 0.42% of the Company's enlarged issued share capital.
Aleksandra Binkowska, Chief Executive Officer of Hydrogen Utopia International PLC, commented:
"Duncan, James, Paul and Katy have stood with this Company since its earliest days, through every setback and every milestone, and their conviction in what we are building has never faltered. This grant of options is a considered gesture of gratitude from the Board, and a recognition that as Hydrogen Utopia enters its next chapter, those who helped lay its foundations should share in the future value of the Company. Thank you. "
Hydrogen Utopia International PLC
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.