Hydrogen Future Industries plc Issuance of New Equity Shares for Service Fees
Key Ideas
  • Hydrogen Future Industries plc issued 2,906,250 new ordinary shares at 1.6 pence per share to creditors for consultancy and service provider fees.
  • The shares will be subject to a 6-month lock-in agreement and are expected to be admitted to trading on the Aquis Stock Exchange AQSE Growth Market.
  • The company aims to reduce hydrogen production costs from renewable sources by utilizing its wind-based green hydrogen production system.
  • Hydrogen Future Industries focuses on investing in projects and companies within the Hydrogen Economy to provide on-demand energy storage through hydrogen at a lower cost compared to lithium-ion batteries.
Hydrogen Future Industries plc, listed on AQSE as HFI, has issued 2,906,250 new ordinary shares at 1.6 pence per share to certain creditors in lieu of cash for consultancy and service provider fees. These shares will be under a 6-month lock-in agreement after Admission to the Aquis Stock Exchange AQSE Growth Market, expected around 31 January 2025. Post-Admission, the company's total issued share capital will be 64,656,250 ordinary shares with each share holding one vote. The Hydrogen Future Industries' wind-based green hydrogen production system aims to lower hydrogen production costs from renewable sources while providing cost-efficient on-demand energy storage using hydrogen. The company is dedicated to investing in Hydrogen Economy projects to enhance energy storage solutions at a reduced price compared to traditional lithium-ion batteries.
ADVANCEH2

Our vision is to be the world's leading online platform for advancing the use of hydrogen as a critical piece needed to deliver net-zero initiatives and the promise of a clean H2 energy future.

© 2025 AdvanceH2, LLC. All rights reserved.