AFC Energy Plc Director / PDMR Shareholding (4205X)
26 August 2022 - 10:38PM
UK Regulatory
TIDMAFC
RNS Number : 4205X
AFC Energy Plc
26 August 2022
26 August 2022
RNS
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 Gary Bullard, Chairman, purchased 65,000
ordinary shares of 0.1 pence each ("Ordinary Shares"), 25,000 in
his own name and 40,000 in his wife's name, today at an average
price of 29.8 pence per share.
Following this transaction Mr. Bullard has interests in 225,000
Ordinary Shares, representing 0.03% of the Company's issued share
capital.
The Company has 735,237,837 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 Gary Bullard
------------------------------------ -----------------------------
2. Reason for the notification
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a. Position/status Non-Executive Chairman
------------------------------------ -----------------------------
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
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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 Ordinary Shares of 0.1 pence
instrument, type of instrument each
Identification code GB00B18S7B29
------------------------------------ -----------------------------
b. Nature of the transaction Purchase of shares
------------------------------------ -----------------------------
c. Price(s) and volume(s) Price(s) Volume(s)
29.9 pence 25,000
----------
29.7 pence 40,000
----------
------------------------------------ -----------------------------
d. Aggregated information
* Aggregated volume 65,000
29.8 pence
* Price
------------------------------------ -----------------------------
e. Date of the transaction 26 August 2022
------------------------------------ -----------------------------
f. Place of the transaction London Stock Exchange, AIM
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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 7418 8900
-----------------------------
M C Peat & Co LLP - Joint Broker
Charlie Peat +44 (0) 20 7104 2334
-----------------------------
Zeus Capital Limited - Joint Broker
Daniel Harris/ James Hornigold (Investment
Banking)
Dominic King (Corporate Broking) / Rupert
Woolfenden (Sales) +44 (0) 203 829 5000
-----------------------------
FTI Consulting - Financial PR Advisors +44 (0) 203 727 1000
Ben Brewerton / Nick Hennis / Dhruv Soni 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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