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REG - AFC Energy Plc - Directorate Change

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RNS Number : 1561S  AFC Energy Plc  06 January 2025

6 January 2025

 

 

AFC Energy PLC

("AFC Energy" or the "Company")

 

Directorate Change

 

Further to the Company's announcement on 5 September 2024, AFC Energy is
pleased to confirm the appointment of John Wilson as its new Chief Executive
Officer and an Executive Director, effective today, 6 January 2025.

 

Gary Bullard steps back from his role as interim Chief Executive Officer with
immediate effect, and shall assist John Wilson with an orderly transition.
Gary Bullard remains non-Executive Chairman of the Company.

 

 

For further information, please contact:

 

 AFC Energy plc                                                        +44 (0) 14 8327 6726

 John Wilson (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 / Georgia Langoulant / Emily Bhasin
 Zeus - Joint Broker                                                   +44 (0) 203 829 5000

 David Foreman / James Hornigold (Investment Banking)

 Dominic King (Corporate Broking) / Rupert Woolfenden (Sales)

 RBC Capital Markets - Joint Broker                                    +44 (0) 20 7653 4000

 Matthew Coakes / Teri Su

 Eduardo Famini / Jack Wood

 FTI Consulting - Financial PR Advisors                                +44 (0) 203 727 1000

 Ben Brewerton / Chris Laing / Evie Taylor                             afcenergy@fticonsulting.com

 

 

About AFC Energy

 

AFC Energy plc is a leading innovator in hydrogen-based power and ammonia
cracking solutions, delivering clean energy for on-grid and off-grid
applications. The Company's hydrogen fuel cell technology provides a
sustainable alternative to diesel power generation, supporting electric
vehicle charging, decentralised power systems for construction, and temporary
power needs. AFC Energy is also exploring new opportunities across maritime,
data centres, and rail, driving the decarbonisation of growing electrification
demands.

 

The Company's subsidiary, Hyamtec, is commercialising proprietary ammonia
cracking technology to unlock new opportunities in distributed hydrogen
production. This includes hydrogen refuelling, natural gas displacement for
industrial processes, and hydrogen combustion engine conversions. Hyamtec's
solutions are designed to meet the decarbonisation needs of industries such as
mining, cement, asphalt, power generation, and heavy engineering, supporting
the global transition to clean energy.

 

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