REG - AFC Energy Plc - Exercise of Options and Total Voting Rights
RNS Number : 7924NAFC Energy Plc22 January 201922 January 2019
AFC Energy PLC
("AFC Energy" or the "Company")
Exercise of Options and
Total Voting Rights
AFC Energy (AIM: AFC), a leading alkaline fuel cell power company, announces that application has been made for 300,000 new ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") to be admitted to trading on AIM pursuant to an exercise of options under the AFC 2007 Share Option Scheme at an exercise price of 3.13 pence per Ordinary Share (the "Options").
The 300,000 new Ordinary Shares will rank pari passu with the Company's existing ordinary share capital and application has been made to the London Stock Exchange for the new Ordinary Shares to be admitted to trading which is expected to commence at 8.00 a.m. on or around 28 January 2019 ("Admission").
Following Admission, the Company's total issued share capital will consist of 391,998,205 Ordinary Shares, none of which are held in treasury. Accordingly, following Admission, the total number of voting rights in the Company will be 391,998,205. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
For further information, please contact:
AFC Energy plc
Adam Bond (Chief Executive Officer)
+44 (0) 20 3697 1209
Cantor Fitzgerald Europe - Nominated Adviser and Joint Broker
David Foreman
Richard Salmond
+44 (0) 20 7894 7000
M C Peat & Co LLP - Joint Broker
Charlie Peat
+44 (0) 20 7104 2334
TUVA Partners - Public Relations
Julian Tanner
+44 (0) 7733 717 995
About AFC Energy
AFC Energy plc has developed and successfully demonstrated an alkaline fuel cell system, which converts hydrogen into "clean" electricity. AFC Energy's key project POWER-UP demonstrated the world's largest operational alkaline fuel cell system at Air Products' industrial gas plant in Stade, Germany. The Company is now building upon an already established pipeline of commercial opportunities and driving the findings from the development phase of the technology into a technically optimised and commercially relevant fuel cell system. For further information, please visit our website: www.afcenergy.com
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDIOEFMGZMFZRGLZM
Recent news on AFC Energy
See all newsREG - AFC Energy Plc - Grant of Share Options
AnnouncementREG - AFC Energy Plc - AGM Results and Appointment of SID
AnnouncementREG - AFC Energy Plc - Block Listing Return
AnnouncementREG - AFC Energy Plc - Notice of Capital Markets Event
AnnouncementREG - AFC Energy Plc - Notice of 2024 AGM
Announcement