30 May 2023
Hydrogen Future Industries plc
(“HFI” or the “Company”)
Director/PDMR Shareholding
Hydrogen Future Industries plc (AQSE: HFI), a developer of a proprietary wind-based green hydrogen production system, announces that it was notified on 30 May 2023 that Daniel Maling, Executive Chairman of the Company, purchased 200,000 ordinary shares of 1p each in the Company ("Ordinary Shares") on 24 May 2023 at a price of 6.5p per share.
Following the purchase, Daniel Maling is interested in 1,200,000 Ordinary Shares, representing approximately 2.51 per cent. of the Company’s issued share capital.
Enquiries:
| Hydrogen Future Industries plc | |
| Daniel Maling, Executive Chairman | +44 (0)20 3475 6834 |
| Vigo Consulting (Investor Relations) | |
| Ben Simons | +44 (0) 20 7390 0230 |
| Peter Jacob | |
| Cairn Financial Advisers LLP (AQSE Corporate Adviser) | |
| Ludovico Lazzaretti Liam Murray | +44 (0) 20 72130 880 |
| Peterhouse Capital Limited (Broker) | |
| Duncan Vasey | +44 (0) 20 7469 0930 |
About Hydrogen Future Industries
Hydrogen Future Industries was established to invest in projects and companies focused on the Hydrogen Economy. We are developing a proprietary wind-based hydrogen production system, incorporating hydrogen compression and storage. Through this technology, we aim to significantly reduce the cost of hydrogen production from renewable sources and provide on-demand energy storage in the form of hydrogen at a fraction of the cost of lithium-ion battery storage. Click here for more information about Hydrogen Future Industries.
Visit our website: www.hydrogenfutureindustries.com
Follow us on social media:
LinkedIn: @Hydrogen Future Industries
Twitter: @HydrogenFI
Inside Information
This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company accept responsibility for the contents of this announcement.
| Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | |||||||
| Details of the person discharging managerial responsibilities/person closely associated | |||||||
| Name | Daniel Maling | ||||||
| Reason for notification | |||||||
| Position/Status | Executive Chairman | ||||||
| Initial notification/ Amendment | Initial notification | ||||||
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| Name | Hydrogen Future Industries PLC | ||||||
| LEI | 213800U3MWUSU24ARW11 | ||||||
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
| Description of the financial instrument, type of instrument | Ordinary shares | ||||||
| Nature of the transaction | Purchase of 200,000 ordinary shares | ||||||
| Price(s) and volume(s) | |||||||
| Price(s) | Volume(s) | ||||||
| 6.5p | 200,000 | ||||||
| Aggregated information - Aggregated Volume - Price | N/A | ||||||
| Date of the transaction | 24 May 2023 | ||||||
| Place of the transaction | Off-market transaction | ||||||