AFC Energy Plc Issue of Equity (5187V)
18 April 2016 - 8:59PM
UK Regulatory
TIDMAFC
RNS Number : 5187V
AFC Energy Plc
18 April 2016
18 April 2016
AFC Energy PLC
("AFC Energy" or the "Company")
Issue of Equity
AFC Energy (AIM: AFC), the industrial fuel cell power company,
announces that application has been made for the issue of 190,000
ordinary shares of 0.1 pence each ("Ordinary Shares") to be
admitted to trading on AIM pursuant to pre-existing consultancy
agreements entered into by the Company.
The 190,000 new Ordinary Shares will rank pari passu with the
Company's existing ordinary share capital and admission to trading
on AIM is expected to take place on 22 March 2016
("Admission").
Following Admission, the total issued share capital of the
Company consists of 308,343,943 Ordinary Shares, none of which are
held in treasury. Accordingly, following Admission, the total
number of voting rights in the Company will be 308,343,943. This
figure may be used by shareholders as the denominator by which they
can determine if they are required to notify their interest in, or
a change to their interest in the Company under the Financial
Conduct Authority's Disclosure and Transparency Rules.
For further information, please contact:
AFC Energy plc
Adam Bond (Chief Executive Officer) +44 (0) 20 3697 1209
Cantor Fitzgerald Europe - Nominated Adviser and Joint Broker
Andrew Craig
Richard Salmond +44 (0) 20 7894 7000
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 has developed and successfully operated an
alkaline fuel cell system ("KORE"), which converts hydrogen into
"clean" electricity. AFC Energy's key project POWER-UP demonstrated
the world's largest operational alkaline fuel cell system at Air
Products' industrial gas plant in Stade, Germany in January 2016.
The Company is now looking to build upon an already established
pipeline of commercial opportunities and drive the findings from
the development phase of the technology into a technically
optimised and commercially relevant fuel cell system. 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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