Grant of Options

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)	[phone] [e-mail]
Peel Hunt LLP - Nominated Adviser and Joint Broker Richard Crichton / Tom Ballard / Georgia Langoulant	[phone]
Zeus - Joint Broker David Foreman / James Hornigold (Investment Banking) Dominic King (Corporate Broking) / Rupert Woolfenden (Sales)	[phone]
FTI Consulting - Financial PR Advisors Ben Brewerton / Nick Hennis / Dhruv Soni	[phone] [e-mail]

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 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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