Director Shareholding

RNS Number : 8123J
AFC Energy Plc
10 August 2012
 



August 10, 2012

 

 

AFC Energy PLC

("AFC Energy" or the "Company")

 

 

 

 

Director Shareholding

 

 

AFC Energy (AIM: AFC) announces that it has been notified that Mitchell Field, a Non-Executive Director of the Company has today (10th August 2012) transferred 65,217 ordinary shares of 0.1p each in the Company to his godson for nil consideration. These shares were acquired in the IPO in April 2007 by Mr Field on behalf of, and with funds provided by, his godson and have been held in trust since that time.  Following this transfer, Mr Field has a total beneficial interest in 2,144,810 ordinary shares, equivalent to 1.16 per cent. of AFC's issued share capital.

 

 

Ends

 

 

For further information, please contact:

 

AFC Energy plc

Ian Williamson, Chief Executive

David Marson, Finance Director

 

+44 (0)1483 276726

Luther Pendragon - PR

Neil Thapar

Leigh Marshall

Alexis Gore

 

+44 (0)20 7618 9100



MC Peat & Co. - Broker

Charlie Peat

+44 (0)20 7104 2334



Allenby Capital - Nominated Adviser

Jeremy Porter/James Reeve

+44 (0)20 3328 5656

 

About AFC Energy

 

Founded in 2006, AFC Energy plc is re-engineering proven alkaline fuel cell technology to reduce the cost of electricity. Alkaline fuel cells have been used on US and Russian manned space missions for decades to provide electrical power and drinking water. By using modern materials, design tools and manufacturing processes at scale, AFC Energy is developing fuel cells that will compete with conventional technologies such as turbines for electrical power generation. Today, AFC Energy is pursuing opportunities in several sectors where hydrogen is readily available including the chlorine, clean coal and waste-to-energy industries as well as applications for distributed/back-up power. 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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