REG - AFC Energy Plc - Board Changes

AFC EnergyAnnouncement

06/06/2023 07:00

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RNS Number : 7176B  AFC Energy Plc  06 June 2023

 

6 June 2023

 

 

AFC Energy plc

("AFC Energy" or the "Company")

Board Changes

 

AFC Energy (AIM: AFC), a leading provider of hydrogen energy solutions, wishes
to announce that Jim Gibson has indicated his intention to step down from his
role as Executive Director from 9 June 2023, and as Chief Operating Officer at
the conclusion of his contractual notice period.

Jim has been a strong and loyal supporter of the Company since joining
initially as a contractor in 2016.  Since this time, Jim has worked as a
member of the Executive Management Team supporting the Company's technology
and market based repositioning to a focused disruption of the diesel generator
market.

Adam Bond, Chief Executive Officer of AFC Energy, said "On behalf of the
Board, I wish to thank Jim for the support he has provided to the Company and
to me personally over the past several years.  Jim's solid engineering and
commercial experience has supported the business' growth from a research
focussed company to one now embarking on widespread deployment, based on a
sound and increasingly field proven technology platform.  The Company wishes
Jim all the very best for the future".

 

 

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 commercialising scalable "flex fuel" fuel cell systems, to
provide clean electricity for on and off grid applications. The technology,
pioneered over the past twelve years in the UK, is now deployable in electric
vehicle chargers, off-grid decentralised power systems and data centre
applications with emerging opportunities across maritime and rail as part of a
portfolio approach to the decarbonisation of local electricity needs.

 

 

 

 

 

 

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