REG - AFC Energy Plc - Director/PDMR Shareholding
RNS Number : 8998XAFC Energy Plc07 May 2021RNS
7 May 2021
AFC Energy plc
("AFC Energy" or "the Company")
Director Dealing
AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, has received notice that on 6 May 2021, Elaine Sullivan, wife of Mr Gary Bullard, Non-Executive Chairman, purchased 40,000 Ordinary Shares of 0.1 pence at a price of 55.3 pence per share.
Following this transaction Mr. Bullard has interests in 75,000 Ordinary Shares, representing 0.0010% of the Company's issued share capital.
On 6 May 2021, Mr Joseph Mangion, Non-Executive Director, purchased 10,093 Ordinary Shares of 0.1 pence at a price of 54.5 pence per share.
Following this transaction Mr Mangion has interests in 25,093 Ordinary Shares, representing 0.000034% of the Company's issued share capital.
The Company has 732,750,500 Ordinary Shares in issue, none of which are held in treasury.
The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Elaine Sullivan
2
Reason for the notification
a)
Position/status
Wife of Gary Bullard, Non-Executive Chairman
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
AFC Energy plc
b)
LEI
213800SRJST19GNS9U35
4
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
a)
Description of the financial instrument, type of instrument
Ordinary Shares of 0.1p each
Identification code
GB00B18S7B29
b)
Nature of the transaction
Purchase of shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
55.3p
40,000
Purchase of shares
d)
Aggregated information
- Aggregated volume
40,000 shares
- Price
£22,120.00
e)
Date of the transaction
6 May 2021
f)
Place of the transaction
London Stock Exchange, AIM
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Joseph Mangion
2
Reason for the notification
a)
Position/status
Non-Executive Director
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
AFC Energy plc
b)
LEI
213800SRJST19GNS9U35
4
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
a)
Description of the financial instrument, type of instrument
Ordinary Shares of 0.1p each
Identification code
GB00B18S7B29
b)
Nature of the transaction
Purchase of shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
54.5p
10,093
Purchase of shares
d)
Aggregated information
- Aggregated volume
10,093 shares
- Price
£5,499.88
e)
Date of the transaction
6 May 2021
f)
Place of the transaction
London Stock Exchange, AIM
For further information, please contact:
AFC ENERGY AND ADVISORS
AFC Energy plc
Adam Bond (Chief Executive Officer)
Iain Thomson (Head of Communications and Stakeholder Management)
+44 (0) 14 8327 6726
WH Ireland - Nominated Adviser and Joint Broker
Mike Coe (Corporate Finance)
Jasper Berry (Corporate Broking)
+44 (0) 117 945 3470
M C Peat & Co LLP - Joint Broker
Charlie Peat
+44 (0) 20 7104 2334
Zeus Capital Limited - Joint Broker
Daniel Harris (Corporate Finance)
John Goold/Dominic King (Corporate Broking)
+44 (0) 203 829 5000
FTI Consulting - Financial PR Advisors
Sara Powell / Ben Brewerton
+44 (0) 203 727 1000
About AFC Energy plc
AFC Energy plc is commercialising a scalable alkaline fuel cell system, to provide clean electricity for on and off grid applications. The technology, pioneered over the past twelve years in the UK, is now being deployed in electric vehicle chargers, off-grid decentralised power systems and industrial gas plants as part of a portfolio approach to the decarbonisation of local electricity needs.
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