REG - AFC Energy Plc - Director/PDMR Shareholding
RNS Number : 4497PAFC Energy Plc19 October 202119 October 2021
AFC Energy PLC
("AFC Energy" or the "Company")
Director / PDMR Shareholding
AFC Energy (AIM:AFC), the industrial fuel cell power company, has received notice that Mike Rendall, Chief Engineering Product Officer, purchased 18,817 ordinary shares of 0.1 pence each ("Ordinary Shares") yesterday at a price of 53.08 pence per share.
Following this transaction Mr. Rendall has interests in 18,817 Ordinary Shares, representing 0.0026% of the Company's issued share capital.
The Company has 734,484,668 Ordinary Shares in issue, none of which are held in treasury.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
1.
Details of the person discharging managerial responsibilities / person closely associated
a.
Name
Mike Rendall
2.
Reason for the notification
a.
Position/status
Chief Engineer and Product Officer
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 Identification code
Ordinary Shares of 0.1 pence each
GB00B18S7B29
b.
Nature of the transaction
Purchase of shares
c.
Price(s) and volume(s)
Price(s)
Volume(s)
53.08 pence
18,817
d.
Aggregated information
· Aggregated volume
· Price
N/A, Single transaction
e.
Date of the transaction
18 October 2021
f.
Place of the transaction
London Stock Exchange, AIM
For further information, please contact:
AFC Energy plc
Adam Bond (Chief Executive Officer)
+44 (0) 14 8327 6726
Peel Hunt LLP - Nominated Adviser and Joint Broker
Richard Crichton / Tom Ballard
Alexander Allen
+44 (0) 20 7894 7000
M C Peat & Co LLP - Joint Broker
Charlie Peat
+44 (0) 20 7104 2334
Zeus Capital Limited - Joint Broker
Daniel Harris (Corporate Finance)
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 a leading provider of Hydrogen fuel cell power systems to generate clean energy in support of the global energy transition.
Based in the UK, the Company's scalable systems provide off-grid, zero emission power that are already being deployed for rapid electric vehicle charging and the replacement of diesel generators for temporary power applications.
AFC Energy is also working with global partners in the deployment of products for the Maritime, Ports, Data Centres and Rail industries, emphasising the central role of its technology in the decarbonisation of global industry.
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