Fusion Fuel Announces Extraordinary General Meeting and Upcoming Board Changes
Fusion Fuel (Nasdaq: HTOO) will hold an Extraordinary General Meeting on November 6, 2025 in Dublin to seek shareholder approval for board changes and capital-authority resolutions.
The company proposes electing Pierce Crosby and Steven Gold as Class II independent directors and delegating authority to the Board to increase authorized share capital to support potential large-scale strategic transactions, including digital and commodity asset treasury initiatives. Two current directors, Jeffrey Schwarz and Rune Lundetræ, will step down after the EGM.
Fusion Fuel (Nasdaq: HTOO) terrà una Assemblea Generale Straordinaria il 6 novembre 2025 a Dublino per ottenere l'approvazione da parte degli azionisti riguardo a cambiamenti nel consiglio e alle risoluzioni relative all'autorità del capitale.
La società propone di eleggere Pierce Crosby e Steven Gold come direttori indipendenti di Classe II e di delegare al Consiglio l'autorità di aumentare il capitale autorizzato per supportare potenziali operazioni strategiche su larga scala, comprese iniziative di tesoreria di asset digitali e di materie prime. Due attuali direttori, Jeffrey Schwarz e Rune Lundetræ, si dimetteranno dopo l'EGM.
Fusion Fuel (Nasdaq: HTOO) celebrará una Junta General Extraordinaria el 6 de noviembre de 2025 en Dublín para obtener la aprobación de los accionistas sobre cambios en el consejo y resoluciones sobre la autoridad de capital.
La empresa propone elegir a Pierce Crosby y Steven Gold como directores independientes de Clase II y delegar al Consejo la autoridad para aumentar el capital autorizado para respaldar posibles transacciones estratégicas a gran escala, incluidas iniciativas de tesorería de activos digitales y de materias primas. Dos directores actuales, Jeffrey Schwarz y Rune Lundetræ, dimitirán tras la AGM.
Fusion Fuel (나스닥: HTOO)는 주주 승인을 얻기 위해 2025년 11월 6일에 더블린에서 임시 주주총회를 개최하여 이사회 변경 및 자본권한 결의에 대해 논의할 예정입니다.
회사는 Pierce Crosby와 Steven Gold를 2등급 독립 이사로 선출하고, 이사회에 대규모 전략적 거래를 지원하기 위해 승인된 자본을 증가시키는 권한을 위임하며, 디지털 자산 및 원자재 자산의 재무 자문 이니셔티브를 포함합니다. 현 이사 두 명인 Jeffrey Schwarz와 Rune Lundetræ는 총회 후 물러날 예정입니다.
Fusion Fuel (Nasdaq: HTOO) tiendra une Assemblée Générale Extraordinaire le 6 novembre 2025 à Dublin afin d'obtenir l'approbation des actionnaires sur des changements au sein du conseil et des résolutions relatives à l'autorisation du capital.
La société propose d'élire Pierce Crosby et Steven Gold en tant qu'administrateurs indépendants de Classe II et de déléguer au Conseil l'autorité d'augmenter le capital autorisé pour soutenir d'éventuelles transactions stratégiques d'envergure, y compris des initiatives de trésorerie pour les actifs numériques et les matières premières. Deux administrateurs actuels, Jeffrey Schwarz et Rune Lundetræ, se retireront après l'AGEX.
Fusion Fuel (Nasdaq: HTOO) wird am 6. November 2025 in Dublin eine außerordentliche Hauptversammlung abhalten, um die Zustimmung der Aktionäre zu Änderungen im Vorstand und zu Beschlüssen zur Kapitalautorisierung zu erhalten.
Das Unternehmen schlägt vor, Pierce Crosby und Steven Gold als unabhängige Direktoren der Klasse II zu wählen und dem Vorstand die Befugnis zu erteilen, das genehmigte Kapital zu erhöhen, um potenzielle groß angelegte strategische Transaktionen zu unterstützen, einschließlich Initiativen für Treasury-Aktivitäten im Bereich digitaler Vermögenswerte und Rohstoffe. Zwei amtierende Direktoren, Jeffrey Schwarz und Rune Lundetræ, werden nach der EGM zurücktreten.
Fusion Fuel (ناسداك: HTOO) ستعقد اجتماع الهيئة العامة غير العادية في 6 نوفمبر 2025 في دوبلن للحصول على موافقة المساهمين بشأن تغييرات المجلس وقرارات سلطة رأس المال.
تقترح الشركة انتخاب Pierce Crosby و Steven Gold كمديرين مستقلين من الفئة II وتفويض المجلس بسلطة زيادة رأس المال المصرح به لدعم صفقات استراتيجية محتملة واسعة النطاق، بما في ذلك مبادرات الخزينة للأصول الرقمية والسلع. سيستقيل مديران حاليان، Jeffrey Schwarz و Rune Lundetræ، بعد الجمع العام.
Fusion Fuel (Nasdaq: HTOO) 将于 2025 年 11 月 6 日 在都柏林举行一场非常股东大会，以寻求股东对董事会变动及资本授权决议的批准。
公司提议任命 Pierce Crosby 与 Steven Gold 为 II 类独立董事，并授权董事会增加授权资本以支持潜在的大规模战略交易，包括数字资产及大宗商品资产的财政管理计划。两名现任董事 Jeffrey Schwarz 与 Rune Lundetræ 将在股东大会后辞任。
- EGM scheduled for November 6, 2025 in Dublin
- Nomination of Pierce Crosby and Steven Gold as independent directors
- Board authorized to increase authorized share capital for strategic flexibility
- Two incumbent directors, Jeffrey Schwarz and Rune Lundetræ, will depart post-EGM
- Past 2024 investor breach required rapid restructuring to safeguard viability
Insights
Board refresh and share‑capital authorization set for shareholder vote at the
Fusion Fuel proposes two new independent directors and asks shareholders to authorize an increase in authorized share capital to enable potential large-scale strategic transactions and treasury initiatives. The company frames the authorization as enabling flexibility for partnerships, financings, or digital and commodity asset treasury activities while not guaranteeing any specific deal.
The main dependencies are shareholder approval at the
Key items to watch over the next 1–6 months include the EGM vote outcome, the exact terms and size of any authorized share increase if implemented, and any concrete transaction announcements that follow board approval. These milestones will determine whether the authorization merely preserves optionality or leads to a dilutive financing or strategic partnership.
DUBLIN, Ireland, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Fusion Fuel Green PLC (Nasdaq: HTOO) (“Fusion Fuel” or the “Company”), a leading provider of full-service energy engineering, advisory, and utility solutions, today announced that it will convene an Extraordinary General Meeting (“EGM”) of shareholders on November 6, 2025, at the offices of Arthur Cox LLP in Dublin, Ireland. The EGM will seek shareholder approval for several resolutions, including the election of two new members to the Company´s Board of Directors.
The Company is also seeking shareholder approval to delegate to the Board the authority to increase its authorized share capital and to implement such increase as it deems appropriate. This expanded authorization is intended to provide Fusion Fuel with greater flexibility to support potential large-scale strategic transactions currently under discussion, including opportunities related to both digital and commodity asset treasury initiatives. While the proposed authorization would allow the Company to participate in these discussions and evaluate prospective partnerships or financings, it does not in itself constitute, or guarantee the completion of, any specific transaction.
The Company proposes the appointment of Pierce Crosby and Steven Gold as Class II Directors.
Pierce Crosby currently serves as Managing Partner of Merchant Seven and previously held the position of General Manager of Enterprise & North America at TradingView Inc. He has extensive experience in scaling fintech platforms and advising growth-stage companies on strategic execution. The Board believes that Mr. Crosby’s deep understanding of financial markets and emerging technologies will assist Fusion Fuel in executing its strategic initiatives and evaluating potential transactions.
Steven Gold has over 20 years of experience in the natural resources sector and currently serves as Chief Executive Officer of Jaguar Uranium Corp. He has previously held senior investment roles with Collecting Mining Ltd., Energold Drilling Corp., and Clarus Securities Inc., gaining expertise across both the buy- and sell-sides of the capital markets. Mr. Gold has advised and financed numerous mining and energy-transition companies, including those in the uranium industry. The Board believes that his extensive capital-markets and sector experience will provide valuable insight as Fusion Fuel advances its energy-solutions strategy.
Both Mr. Crosby and Mr. Gold are considered independent directors under Nasdaq rules. Their elections are subject to shareholder approval at the upcoming EGM.
In conjunction with these proposed appointments, Jeffrey Schwarz and Rune Lundetræ have informed the Company that they will step down from the Board following the EGM, at which time the new directors are expected to join. The Board and management wish to express their sincere appreciation to Mr. Schwarz and Mr. Lundetræ for their service and contributions to Fusion Fuel over the past five years. Their insight and steady leadership were critical in guiding the Company through its early development and in navigating the challenges arising from the 2024 investor breach of the Company’s PIPE agreement, which necessitated a rapid restructuring and realignment of operations to safeguard the Company’s long-term viability. As they conclude their tenure, both directors do so with the Board’s full gratitude and mutual respect, having played an instrumental role in supporting the Company’s mission and management team.
John-Paul Backwell, Chief Executive Officer of Fusion Fuel, commented: “I want to sincerely thank Jeffrey and Rune for their dedication and guidance over the past five years. Their leadership was instrumental in shaping Fusion Fuel and steering the Company through a challenging restructuring. We’re also delighted to welcome Pierce Crosby and Steven Gold as nominees to our Board — their experience across capital markets, fintech, and the energy sector will bring valuable insight as we continue to grow.”
Speaking to the Company’s strategic outlook, Mr. Backwell noted: “We’re actively evaluating opportunities in the market, including digital and commodity asset treasury initiatives that could strengthen our strategic position. While there is no certainty any transaction will close, we see strong momentum and interest in the platform we’ve built, including the two transactions currently in progress.”
Further details regarding the EGM, including the full text of the proposed resolutions, will be provided in the formal Notice of Meeting to be distributed to shareholders and filed with the U.S. Securities and Exchange Commission.
If you hold your shares through a broker, bank, or other nominee, please follow the instructions of that intermediary to submit your voting instructions. If you have any questions, please contact your broker or the Company’s Investor Relations team at IR@fusion-fuel.eu.
About Fusion Fuel Green PLC
Fusion Fuel Green PLC (NASDAQ: HTOO) is an emerging leader in the energy services sector, offering a comprehensive suite of energy supply, distribution, and engineering and advisory solutions through its Al Shola Gas and BrightHy brands. Al Shola Gas provides full-service industrial gas solutions, including the design, supply, and maintenance of liquefied petroleum gas (LPG) systems, as well as the transport and distribution of LPG to a broad range of customers across commercial, industrial, and residential sectors. BrightHy, the Company’s newly launched hydrogen solutions platform, delivers innovative engineering and advisory services enabling decarbonization across hard-to-abate industries.
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or the Company’s future financial or operating performance. In some cases, you can identify these statements because they contain words such as “may,” “will,” “believes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “should,” “seeks,” “future,” “continue,” “plan,” “target,” “predict,” “potential,” or the negative of such terms, or other comparable terminology that concern the Company’s expectations, strategy, plans, or intentions. Forward-looking statements relating to expectations about future results or events are based upon information available to the Company as of today’s date and are not guarantees of the future performance of the Company, and actual results may vary materially from the results and expectations discussed. The Company’s expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected, including, without limitation, the risks and uncertainties described under Item 3. “Key Information – D. Risk Factors” and elsewhere in the Company’s Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the “SEC”) on May 9, 2025 (the “Annual Report”), and other filings with the SEC. Should any of these risks or uncertainties materialize, or should the underlying assumptions about the Company’s business and the commercial markets in which the Company operates prove incorrect, actual results may vary materially from those described as anticipated, estimated or expected in the Annual Report. All subsequent written and oral forward-looking statements concerning the Company or other matters and attributable to the Company or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. The Company does not undertake any obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may arise after the date hereof, except as required by law.
Investor Relations Contact
ir@fusion-fuel.eu
www.fusion-fuel.eu
FAQ
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