Issue of Equity

RNS Number : 2341J
AFC Energy Plc
02 April 2015
 

2 April 2015

 

AFC Energy PLC

("AFC Energy" or the "Company")

 

Exercise of Warrants and Total Voting Rights

 

AFC Energy (AIM: AFC) announces that application has been made for 100,000 new ordinary shares of 0.1 pence to be admitted to trading on AIM pursuant to the exercise of warrants (the "Warrant Exercise"). The warrants have an exercise price per share of 3.13 pence. 

The 100,000 new ordinary shares issued pursuant to the Warrant Exercise will rank pari passu with the Company's existing ordinary shares and admission to trading on AIM is expected to take place on 7 April 2015 ("Admission")

Total Voting Rights

Following Admission, the issued share capital of the Company consists of 288,703,534 ordinary shares of 0.1 pence each, with one voting right each.  The Company does not hold any shares in treasury. 

Accordingly, the total voting rights in the Company is 288,703,534. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency Rules of the UK Financial Conduct Authority. 

For further information, please contact:

For further information, please contact:

AFC Energy plc

Adam Bond (CEO)

 

 

+44 (0) 20 3697 1209

Zeus Capital Limited - Nominated Adviser and Joint Broker

John Depasquale, John Treacy                       

Alex Davies, John Goold

                             

 

+44 (0) 20 7533 7727

 

M C Peat & Co LLP - Joint Broker

Charlie Peat

 

+44 (0) 20 7104 2334



Lionsgate Communications - Public Relations

Jonathan Charles, Rachel Rigby

 

 

+44 (0) 20 3697 1209

 

About AFC Energy

AFC Energy plc is fast approaching commercialisation for its proven low-cost alkaline fuel cell system ("KORE"), which converts hydrogen into 'clean' electricity. AFC's key project POWER-UP will demonstrate the world's largest alkaline fuel cell system at Air Products' industrial gas plant in Stade, Germany. The date for the demonstration of the 240kW KORE system has been fast tracked to December 2015, representing the final phase of AFC's pre-commercialisation technical development programme and creating the platform for the Company's global commercial fuel cell deployment. For further information, please visit our website: www.afcenergy.com

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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