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RNS Number : 6589I AFC Energy Plc 08 August 2023
8 August 2023
AFC Energy PLC
("AFC Energy" or the "Company")
Director / PDMR Shareholding
AFC Energy (AIM: AFC), a leading provider of hydrogen power generation
technologies, confirms that Gary Bullard, non-executive chairman, purchased
50,000 ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") in
his wife's name at a price of 15.34 pence per share today.
Following these transactions, Mr. Bullard is now interested in 465,000
ordinary shares in the capital of the Company, representing 0.06% of the
Company's issued share capital.
The following notification, made pursuant to Article 19(3) of the Market Abuse
Regulation, provides further details.
1 Details of the person discharging managerial responsibilities / person closely
associate
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 Ordinary Shares of 0.1 pence each in the Company
Identification code ISIN: GB00B18S7B29
b) Nature of the transaction Purchase of shares
c) Price(s) and volume(s)
Price per share Volume
15.34 pence 50,000
d) Aggregated Information
Volume Volume: 50,000 ordinary shares
Price Price: 15.34 pence
e) Date of transaction 8 August 2023
f) Place of transaction (i) London Stock Exchange, AIM
d)
Aggregated Information
Volume
Price
Volume: 50,000 ordinary shares
Price: 15.34 pence
e)
Date of transaction
8 August 2023
f)
Place of transaction
(i) London Stock Exchange, AIM
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 / Dhruv Soni afcenergy@fticonsulting.com (mailto:afcenergy@fticonsulting.com)
Notification of Dealing Form:
About AFC Energy
AFC Energy plc is deploying its hydrogen fuel cell systems to provide clean
electricity for on and off grid power needs. The technology, pioneered over
the past twelve years in the UK, is now deployable to support the
electrification of electric vehicle chargers, off-grid decentralised power
systems and data centre back up applications with emerging opportunities
across maritime and rail as part of a portfolio approach to the
decarbonisation of local electricity needs. The Company also offers
customers a flexibility in sourcing lowest cost hydrogen through a "flexible
fuel" strategy incorporating hydrogen carrier fuels such as ammonia and
methanol and associated fuel conversion technologies.
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