Director/PDMR Shareholding

H-Power

23/04/2025 15:40

RNS Number : 9144F

AFC Energy Plc

23 April 2025

 

 

 

23 April 2025

 

 

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 John Wilson, Chief Executive Officer, today purchased 386,353 ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") at a price of 5.69 pence and Sophie Wilson, the spouse of John Wilson, today purchased 312,365 Ordinary Shares at a price of 5.90 pence.

 

Following the above transactions, Mr. Wilson is now interested in 1,723,718 Ordinary Shares in the capital of the Company, representing 0.20% of the Company's issued share capital.

 

Total voting rights

 

As at 23 April 2025, the Company's issued and outstanding share capital is 855,476,796 Ordinary Shares, each with voting rights, and this number may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules. The Company does not hold any shares in treasury.

 

 

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
John Wilson
2
Reason for the notification
a)
Position/status
Chief Executive 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
Ordinary Shares of 0.1 pence each in the Company
Identification code
ISIN: GB00B18S7B29
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
Volume
Price
386,353
5.69 pence
d)
Aggregated Information
Volume
Price
Volume: 386,353 ordinary shares
Price: as set out above
e)
Date of transaction
23 April 2025
f)
Place of transaction
London Stock Exchange, AIM

 

 

1
Details of the person discharging managerial responsibilities / person closely associate
a)
Name
Sophie Wilson
2
Reason for the notification
a)
Position/status
Person Closely Associated with the Company's Chief Executive 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
Ordinary Shares of 0.1 pence each in the Company
Identification code
ISIN: GB00B18S7B29
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
Volume
Price
312,365
5.90 pence
d)
Aggregated Information
Volume
Price
Volume: 312,365 ordinary shares
Price: as set out above
e)
Date of transaction
23 April 2025
f)
Place of transaction
London Stock Exchange, AIM

 

 

For further information, please contact:

 

AFC Energy plc
John Wilson (Chief Executive Officer)
Karl Bostock (Chief Financial Officer)
+44 (0) 14 8327 6726
investors@afcenergy.com
Peel Hunt LLP- Nominated Adviser and Joint Broker
Richard Crichton / Georgia Langoulant / Emily Bhasin
+44 (0) 207 418 8900
Zeus- Joint Broker
David Foreman / James Hornigold (Investment Banking)
Dominic King (Corporate Broking) / Rupert Woolfenden (Sales)
+44 (0) 203 829 5000
RBC Capital Markets -Joint Broker
Matthew Coakes / Teri Su
Eduardo Famini / Jack Wood
FTI Consulting - Financial PR Advisors
Ben Brewerton / Chris Laing / Evie Taylor
+44 (0) 20 7653 4000
+44 (0) 203 727 1000
afcenergy@fticonsulting.com


 

 

 

 

 

 

About AFC Energy

 

AFC Energy plc is a leading provider of hydrogen energy solutions, to provide clean electricity for on and off grid power applications. The Company's fuel cell technology is now deployable as electric vehicle chargers, off-grid decentralised power systems for construction and temporary power with emerging opportunities across maritime, data centres and rail as part of a portfolio approach to the decarbonisation of society's growing electrification needs.

 

The Company's proprietary ammonia cracking technology further highlights emerging opportunities across the distributed hydrogen production market with a focus on hydrogen's role in supporting industries facing challenges in decarbonisation, such as mining, cement and heavy engineering.

 

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