Director / PDMR Shareholding

RNS Number : 3408O
AFC Energy Plc
07 October 2021
 

7 October 2021

RNS

THIS ANNOUNCEMENT REPLACES THE DIRECTOR / PDMR SHAREHOLDING RELEASE AT 17:30 ON 06 OCTOBER 2021 RNS NO.2662O. THE RESULTING PERCENTAGE INTEREST IN ORDINARY SHARES SHOULD READ "0.0035%" RATHER THAN "0.35%" THE CORRECTED ANNOUNCEMENT IS SET OUT BELOW.

AFC Energy PLC

("AFC Energy" or the "Company") 

Director / PDMR Shareholding

AFC Energy (AIM:AFC), the industrial fuel cell power company, has received notice that David Harvey, Chief Technology Officer, and his wife have purchased 25,643 ordinary shares of 0.1 pence each ("Ordinary Shares") today at a price of 44.96 pence per share.

Following this transaction Mr. Harvey has interests in 25,643 Ordinary Shares, representing 0.0035% of the Company's issued share capital.

The Company has 734,433,000 Ordinary Shares in issue, none of which are held in treasury.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:

1. 

Details of the person discharging managerial responsibilities / person closely associated

a. 

Name

David Harvey 

2. 

Reason for the notification

a. 

Position/status

Chief Technology 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 Identification code

Ordinary Shares of 0.1 pence each

GB00B18S7B29

 

b. 

Nature of the transaction

Purchase of shares

c. 

Price(s) and volume(s)

Price(s)

Volume(s)

44.96 pence

25,643

 

 

d. 

Aggregated information

·Aggregated volume

·Price

 

N/A, Single transaction

e. 

Date of the transaction

6 October 2021

f. 

Place of the transaction

London Stock Exchange, AIM

For further information, please contact:

AFC Energy plc

Adam Bond (Chief Executive Officer)  

 

 

+44 (0) 14 8327 6726

investors@afcenergy.com

Peel Hunt LLP Nominated Adviser and Joint Broker

Richard Crichton / Tom Ballard

Alexander Allen

 

+44 (0) 20 7894 7000

M C Peat & Co LLP  - Joint Broker

Charlie Peat

+44 (0) 20 7104 2334

Zeus Capital Limited Joint Broker

Daniel Harris (Corporate Finance)

Dominic King (Corporate Broking)

+44 (0) 203 829 5000

FTI Consulting  Financial PR Advisors

Sara Powell / Ben Brewerton

+44 (0) 203 727 1000

afcenergy@fticonsulting.com

 

About AFC Energy plc

AFC Energy plc is a leading provider of Hydrogen fuel cell power systems to generate clean energy in support of the global energy transition.

Based in the UK, the Company's scalable systems provide off-grid, zero emission power that are already being deployed for rapid electric vehicle charging and the replacement of diesel generators for temporary power applications. 

AFC Energy is also working with global partners in the deployment of products for the Maritime, Ports, Data Centres and Rail industries, emphasising the central role of its technology in the decarbonisation of global industry.

 

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Companies

AFC Energy (AFC)
UK 100

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