REG - AFC Energy Plc - Block Listing Return and Correction

AFC EnergyAnnouncement

25/10/2023 07:15

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RNS Number : 1551R  AFC Energy Plc  25 October 2023

25 October 2023

 

AFC Energy PLC

("AFC Energy" or the "Company")

 

Block Listing Return and Correction

 

AFC Energy today makes the following notification pursuant to Schedule Six of
the AIM Rules for Companies regarding its existing block admission
arrangements in respect of (i) certain employee share options; (ii) 2022 SAYE
Scheme; and (iii) 2023 SAYE Scheme.

 

It also issues a correction to the block listing return dated 25 April 2023,
which due to a clerical error did not include the number of shares issued
under the block listing and overstated the balance under the scheme not yet
issued at the end of that period.

 

Corrected Block Listing Six Monthly Return

 

25 April 2023

 

 Name of applicant:                                                                AFC Energy PLC
 Name of scheme:                                                                   Employee Share Option Scheme
                                          From:                                    1 August 2022  To:         24 April 2023
 Balance of unallotted securities under scheme(s) from previous return:            13,165,501
 Plus:  The amount by which the block scheme(s) has been increased since the       N/A
 date of the last return (if any increase has been applied for):
 Less:  Number of securities issued/allotted under scheme(s) during period         53,334
 (see LR3.5.7G):
 Equals:  Balance under scheme(s) not yet issued/allotted at end of period:        13,112,167

 

 Name of contact:              Brendan Keane
 Telephone number of contact:  +44(0)1483 921064

 

 

 

Block Listing Six Monthly Return

 

25 October 2023

 

 Name of applicant:                                                                AFC Energy PLC
 Name of scheme:                                                                   Employee Share Option Scheme

                                                                                   2023 SAYE Scheme

                                                                                   2022 SAYE Scheme
                                          From:                                    25 April 2023          To:                    24 October 2023
 Balance of unallotted securities under scheme(s) from previous return:            13,112,167
 Plus:  The amount by which the block scheme(s) has been increased since the       N/A
 date of the last return (if any increase has been applied for):
 Less:  Number of securities issued/allotted under scheme(s) during period         265,136
 Equals:  Balance under scheme(s) not yet issued/allotted at end of period:        12,847,031
 Number and class of securities originally admitted and the date of admission      12,469,169 ordinary shares of 0.1 pence each - 12 January 2021

 

 Name of contact:              Brendan Keane
 Telephone number of contact:  +44(0)1483 921064

 

 

As at 25 October 2023, the Company's issued and outstanding share capital is
746,516,307 ordinary shares, each with voting rights, and this number may be
used by shareholders in the Company as the denominator for the calculations by
which they will determine if they are required to notify their interest in, or
a change in their interest in, the share capital of the Company under
the FCA's Disclosure Guidance and Transparency Rules. The Company does not
hold any shares in treasury.

 

 

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 / Tom Ballard / Georgia Langoulant
 Zeus - Joint Broker                                            +44 (0) 203 829 5000

 David Foreman / James Hornigold (Investment Banking)

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

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

 Ben Brewerton / Nick Hennis / Dhruv Soni                       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 now deployable as electric vehicle chargers, off-grid
decentralised power systems for construction and temporary power with emerging
opportunities across maritime, data centres and rail as part of a portfolio
approach to the decarbonisation of society's growing electrification needs.

 

 

 

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