AFC Energy Plc Director/PDMR Shareholding
November 18 2024 - 9:58AM
RNS Regulatory News
RNS Number : 6673M
AFC Energy Plc
18 November 2024
18 November 2024
AFC Energy
PLC
("AFC
Energy" or the "Company")
Director/PDMR
Shareholding
AFC Energy (AIM: AFC), a leading
provider of hydrogen power generation technologies, confirms that
Gary Bullard, Chief Executive Officer, today purchased 200,000
ordinary shares of 0.1 pence each in the Company ("Ordinary
Shares") at a price of 9.35 pence per share for 160,000 shares and
9.32 pence per share for 40,000 shares.
Following these transactions, Mr.
Bullard is now interested in 1,466,667 Ordinary Shares in the
capital of the Company, representing 0.17% of the Company's issued
share capital.
The following notification, made
pursuant to Article 19(3) of the Market Abuse Regulation, provides
further details.
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associate
|
|
a)
|
Name
|
Gary Bullard
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Company's Chief Executive
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
|
Ordinary Shares of 0.1 pence each in
the Company
|
|
Identification code
|
ISIN: GB00B18S7B29
|
|
|
|
|
b)
|
Nature of
the transaction
|
Purchase of Ordinary
Shares
|
|
c)
|
Price(s) and volume(s)
|
|
Price per share
|
Volume
|
|
9.35 pence
9.32 pence
|
160,000
40,000
|
|
|
d)
|
Aggregated Information
Volume
Price
|
Volume: 200,000 ordinary
shares
Price: as set out above
|
|
e)
|
Date of transaction
|
18 November 2024
|
|
f)
|
Place of transaction
|
London Stock Exchange,
AIM
|
For
further information, please contact:
|
AFC
Energy plc
Gary Bullard (Chief Executive
Officer)
|
+44 (0) 14 8327 6726
investors@afcenergy.com
|
|
Peel Hunt LLP - Nominated Adviser and
Joint Broker
Richard Crichton / Georgia
Langoulant / Brian Hanratty
|
+44 (0) 207 418 8900
|
|
Zeus - Joint Broker
David Foreman / James Hornigold
(Investment Banking)
Dominic King (Corporate Broking) /
Rupert Woolfenden (Sales)
|
+44 (0) 203 829 5000
|
|
RBC
Capital Markets - Joint
Broker
Matthew Coakes / Teri Su
Eduardo Famini / Jack
Wood
FTI
Consulting - Financial PR Advisors
Ben Brewerton / Chris Laing / Evie
Taylor
|
+44 (0) 20 7653 4000
+44 (0) 203 727 1000
afcenergy@fticonsulting.com
|
|
|
|
About AFC Energy
AFC Energy plc is a leading provider
of hydrogen energy solutions, to provide clean electricity for on
and off grid power applications. The Company's fuel cell technology
is now deployable as electric vehicle chargers, off-grid
decentralised power systems for construction and temporary power
with emerging opportunities across maritime, data centres and rail
as part of a portfolio approach to the decarbonisation of society's
growing electrification needs.
The Company's proprietary ammonia
cracking technology further highlights emerging opportunities
across the distributed hydrogen production market with a focus on
hydrogen's role in supporting industries facing challenges in
decarbonisation, such as mining, cement and
heavy engineering.
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END
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