Director/PDMR Shareholding

RNS Number : 0011W

AFC Energy Plc

03 November 2014

 

AFC Energy PLC

("AFC Energy" or "the Company")

Director's Dealing

AFC Energy (AIM: AFC), the industrial fuel cell power company, has received notification that on 31 October 2014 Mr. Eugene Shvidler, Non-Executive Director of the Company, made purchases of 1,810,000 ordinary shares in the Company ("Shares") at a price of 10 pence per share. Accordingly, Mr Shvidler now has beneficial interests in the Company as shown below:

	Number of shares acquired	Number of shares owned	% Holding
Mr. Eugene Shvidler	1,810,000	13,853,633	4.85%

For further information please contact:

AFC Energy plc Ian Williamson (Chief Executive), Christopher Tawney (Finance Director)	[phone]
Zeus Capital - Nominated adviser and Joint Broker Tim Metcalfe, Dan Bate, John Treacy (Corporate Finance)                                            Alex Davies, John Goold (Institutional Sales)	[phone]
Peat & Co. - Joint Broker Charlie Peat	[phone]
Luther Pendragon - Public Relations Adviser Neil Thapar, Alexis Gore, Alex Burr and Andy Johnson	[phone]

 About AFC Energy

Founded in 2006, AFC Energy plc is re-engineering proven alkaline fuel cell technology to reduce the cost of electricity. Alkaline fuel cells have been used on US and Russian manned space missions for decades to provide electrical power and drinking water. By using platinum free, advanced materials, design tools and manufacturing processes at scale, AFC Energy is developing fuel cells that will compete with conventional technologies such as turbines for electrical power generation. Today, AFC Energy is pursuing opportunities in several sectors where hydrogen is readily available including the chlorine, clean coal and waste-to-energy industries as well as applications for distributed/back-up power. For further information, please visit our website: www.afcenergy.com.

 

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