Directorate Change

RNS Number : 2942I

AFC Energy Plc

26 August 2016

 

26 August 2016

AFC Energy PLC

("AFC Energy" or the "Company")

Directorate Change

AFC Energy (AIM: AFC), the industrial fuel cell power company, announces that it has agreed with Christopher Tawney that he will step down from the Board of the Company with immediate effect in order to pursue other business interests.

Christopher joined AFC Energy in 2014 and the Board would like to thank him for the contribution he has made to the business in the last two years.  The Company has appointed a senior financial controller who will be absorbing the roles performed by Christopher over the past two years. 

Tim Yeo, Chairman of AFC Energy, commented:

"On behalf of the Board, I wish to thank Christopher for the contribution he has made to the Company as Finance Director and wish him every success for the future."

For further information, please contact:

AFC Energy plc Adam Bond (Chief Executive Officer)	[phone]
Cantor Fitzgerald Europe - Nominated Adviser and Joint Broker Andrew Craig Richard Salmond	[phone]
M C Peat & Co LLP - Joint Broker Charlie Peat	[phone]
Lionsgate Communications - Public Relations Jonathan Charles	[phone]

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.

 

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