Business
Result of GM, Share Capital Reorg & Change of Name
Hydrogen Future Industries PLC announced the successful passing of all resolutions at its General Meeting, including the share capital reorganisation and adoption of a bitcoin treasury policy. The reorganisation involves consolidating every 50 existing ordinary shares of £0.01 each into one consolidated share of £0.50, which will then be subdivided into one new ordinary share of £0.01 and one deferred share of £0.49. To facilitate this, ten new existing ordinary shares will be issued, bringing the total to 120,480,050 before consolidation. Following the reorganisation, the company's issued share capital will consist of 2,409,601 new ordinary shares, representing the total number of voting rights. Dealings in the new ordinary shares will commence on 14 October 2025. The company also confirmed it will proceed with changing its name to energy B plc and will change its registered address to 6 Heddon Street, London. Disclaimer*
About this update from Energy B Plc
[{"type":"text","content":"\n\nHydrogen Future Industries Plc\n(\"HFI\" or the \"Company\")\nResult of General Meeting\nShare Capital Reorganisation\nUpdate on Change of Name and Registered Office Address\nHydrogen Future Industries plc (AQSE: HFI), a developer of a proprietary wind-based green hydrogen production system featuring an advanced aerodynamic wind turbine, announces that, at the General Meeting held earlier today, all resolutions were duly passed on a show of hands, including the adoption of a bitcoin treasury policy and the share capital reorganisation.\nShare Capital Reorganisation\nAs set out in the circular to shareholders convening the General Meeting, following the approval of the share capital reorganisation:\n· every 50 existing ordinary shares of £0.01 each (the \"Existing Ordinary Shares\") in issue as at 6.30 p.m. today will be consolidated into one consolidated shares of £0.50 (\"Consolidated Share\"); and\n· each Consolidated Share will be immediately subdivided into one new ordinary share of £0.01 each (\"New Ordinary Share\") and one deferred share of £0.49 each (\"Deferred Share\").\nTo effect the Capital Reorganisation, ten new Existing Ordinary Shares will be issued so that, immediately prior to the consolidation, the number of Existing Ordinary Shares will be 120,480,050, a number exactly divisible by 50.\nOther than the change in nominal value, the New Ordinary Shares will have the same rights as the Existing Ordinary Shares, including voting and other rights. The Company's new ISIN will be GB00BRJNW354 and new SEDOL will be BRJNW35. The Company's ticker remains unchanged.\nThe New Ordinary Shares will be admitted to the Access Segment of the AQSE Growth Market and dealings will commence at 8:00 a.m. on 14 October 2025.\nFollowing the share capital reorganisation becoming effective, the Company's issued share capital will consist of 2,409,601 New Ordinary Shares. The Company does not hold any New Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company as of 14 October 2025 will be 2,409,601.\nUpdate on Change of Name and Registered Office Adress\nFurther to the announcement on 26 September 2025, the Company confirms that it will proceed with its proposed name change to energy B plc. A further announcement will be made once the change ...