REG - AFC Energy Plc - Director/PDMR Shareholding

AFC EnergyAnnouncement

17/11/2021 07:05

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RNS Number : 5986S  AFC Energy Plc  17 November 2021

17 November 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 Gary Bullard, Non-Executive Chairman, purchased 20,000 ordinary
shares of 0.1 pence each ("Ordinary Shares") today at a price of 59.87 pence
per share in his wife's name.

Following this transaction Mr. Bullard has interests in 135,000 Ordinary
Shares, representing 0.018% 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                                                                        Gary Bullard
 2.    Reason for the notification
 a.    Position/status                                                             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 Identification  Ordinary Shares of 0.1 pence each
       code

                                                                                   GB00B18S7B29

 b.    Nature of the transaction                                                   Purchase of shares
 c.    Price(s) and volume(s)                                                      Price(s)     Volume(s)
                                                                                   59.87 pence  20,000

 

 d.    Aggregated information

       · Aggregated volume                                                         N/A, Single transaction

       · Price
 e.    Date of the transaction                                                     16 November 2021
 f.    Place of the transaction                                                    London Stock Exchange, AIM

 

 

d.

Aggregated information

· Aggregated volume

· Price

 

N/A, Single transaction

e.

Date of the transaction

16 November 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

                                                       investors@afcenergy.com (mailto:investors@afcenergy.com)
 Peel Hunt LLP - Nominated Adviser and Joint Broker    +44 (0) 20 7894 7000

 Richard Crichton / Tom Ballard

 Alexander Allen

 M C Peat & Co LLP - Joint Broker                      +44 (0) 20 7104 2334

 Charlie Peat
 Zeus Capital Limited - Joint Broker                   +44 (0) 203 829 5000

 Daniel Harris (Corporate Finance)

 Dominic King (Corporate Broking)
 FTI Consulting - Financial PR Advisors                +44 (0) 203 727 1000

 Sara Powell / Ben Brewerton                           afcenergy@fticonsulting.com (mailto:afcenergy@fticonsulting.com)

 

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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