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RNS Number : 4205X AFC Energy Plc 26 August 2022
26 August 2022
RNS
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, Chairman, purchased 65,000 ordinary shares of 0.1
pence each ("Ordinary Shares"), 25,000 in his own name and 40,000 in his
wife's name, today at an average price of 29.8 pence per share.
Following this transaction Mr. Bullard has interests in 225,000 Ordinary
Shares, representing 0.03% of the Company's issued share capital.
The Company has 735,237,837 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)
29.9 pence 25,000
29.7 pence 40,000
d. Aggregated information
· Aggregated volume 65,000
· Price 29.8 pence
e. Date of the transaction 26 August 2022
f. Place of the transaction London Stock Exchange, AIM
d.
Aggregated information
· Aggregated volume
· Price
65,000
29.8 pence
e.
Date of the transaction
26 August 2022
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 7418 8900
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/ 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 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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