REG - AFC Energy Plc - Grant of Options

AFC EnergyAnnouncement

28/04/2023 07:15

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RNS Number : 7882X  AFC Energy Plc  28 April 2023

AFC Energy Plc

28 April 2023

 

AFC Energy Plc

("AFC Energy" or the "Company")

Director / PDMR Grant of options

AFC Energy (AIM: AFC), a leading provider of hydrogen power generation
technologies, has granted options over 500,000 ordinary shares of 0.1 pence
each (the "Options") to Peter Dixon-Clarke, Chief Financial Officer of the
Company as agreed at the time of his appointment. The Options are exercisable
at 18.80 pence each, being the mid market closing price on 26 April 2023 and
vest on the third anniversary of their award. There are no other vesting
conditions attached to the Options.

Following this transaction Peter Dixon-Clarke has a total of 500,000 Options.

The Company has 735,351,171 Ordinary Shares in issue, none of which are held
in treasury.

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

 Richard Crichton / Tom Ballard / Georgia Langoulant            +44 (0) 207 418 8900

 Zeus - Joint Broker

 David Foreman / James Hornigold (Investment Banking)           +44 (0) 203 829 5000

 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)

Notification of Dealing Form:

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associate

 a)   Name                                                         Peter Dixon-Clarke

 2    Reason for the notification

 a)   Position/status                                              Chief Financial Officer

 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  Options for Ordinary Shares of 0.1 pence each

      Identification code                                          ISIN: GB00B18S7B29

 b)   Nature of the transaction                                    Grant of options

 c)   Price(s) and volume(s)

Price        Volume
                                                                   18.80 pence  500,000

 
 d)   Aggregated Information                                        n/a - as in above (c)

      Volume

      Price
 e)   Date of transaction                                          27 April 2023
 f)   Place of transaction                                         (i)         Outside a trading venue

 

d)

Aggregated Information

 

Volume

 

Price

 n/a - as in above (c)

e)

Date of transaction

27 April 2023

f)

Place of transaction

(i)         Outside a trading venue

 

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