REG - AFC Energy Plc - AGM Results and Appointment of SID

AFC EnergyAnnouncement

25/04/2024 14:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240425:nRSY0741Ma&default-theme=true

RNS Number : 0741M  AFC Energy Plc  25 April 2024

25 April 2024

 

AFC Energy PLC

("AFC Energy" or the "Company")

 

Annual General Meeting Results and appointment of Senior Independent Director

 

 

 

AFC Energy (AIM: AFC), a leading provider of hydrogen power generation
technologies, announces that at its Annual General Meeting held earlier today,
all resolutions put to shareholders were duly passed by the necessary
majority.

Annual General Meeting - proxy voting results

 Res.  Brief Description                     Votes for & Discretion      %       Votes against  %       Total votes (ex. Withheld)  Votes withheld

 No.
 Ordinary Resolutions
 1.    FINANCIAL STATEMENTS                  108,986,224                 99.92%  88,762         0.08%   109,074,986                 586,074
 2.    RE-APPOINT AUDITORS                   108,967,678                 99.91%  101,373        0.09%   109,069,051                 592,009
 3.    REMUNERATION OF AUDITORS              108,418,992                 99.43%  623,809        0.57%   109,042,801                 618,259
 4.    ELECT DUNCAN NEALE                    108,006,078                 99.79%  232,636        0.21%   108,238,714                 1,422,346
 5.    APPROVE REMUNERATION REPORT           89,126,618                  81.81%  19,813,764     18.19%  108,940,382                 720,678
 6.    AUTHORITY TO ALLOT SHARES             106,703,447                 97.55%  2,684,362      2.45%   109,387,809                 273,251
 Special Resolution
 7.    DISAPPLICATION OF PRE-EMPTION RIGHTS  107,311,291                 98.15%  2,024,874      1.85%   109,336,165                 324,895

 

The Company is pleased to announce that director Duncan Neale has been
appointed as senior independent non-executive director of the Company, in
addition to his role as chair of the Audit & Risk Committee.

For further information, please contact:

 AFC Energy plc                                                 +44 (0) 14 8327 6726

 Adam Bond (Chief Executive Officer)                            investors@afcenergy.com (mailto:investors@afcenergy.com)

 Peel Hunt LLP - Nominated Adviser and Joint Broker             +44 (0) 207 418 8900

 Richard Crichton / Georgia Langoulant / Brian Hanratty

 Zeus - Joint Broker                                            +44 (0) 203 829 5000

 David Foreman / James Hornigold (Investment Banking)

 Dominic King (Corporate Broking) / Rupert Woolfenden (Sales)

 RBC Capital Markets - Joint Broker                             +44 (0) 20 7653 4000

 Matthew Coakes / Teri Su

 Eduardo Famini / Jack Wood

 FTI Consulting - Financial PR Advisors                         +44 (0) 203 727 1000

 Ben Brewerton / Tilly Abraham / Evie Taylor                    afcenergy@fticonsulting.com (mailto:afcenergy@fticonsulting.com)

About AFC Energy

 AFC Energy plc is a leading provider of hydrogen energy solutions, to
provide clean electricity for on and off grid power applications. The
Company's fuel cell technology is targeting near term commercial deployment
across the construction and temporary power markets with longer term
opportunities in electric vehicle charging, maritime and data centres as part
of a portfolio approach to the decarbonisation of society's growing
electrification needs.  The Company's proprietary ammonia cracking technology
further highlights emerging opportunities across the distributed hydrogen
production market with a focus on hydrogen's role in supporting the
decarbonisation of hard to abate industries.

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  RAGEAFLSALXLEFA