Director/PDMR Shareholding

RNS Number : 4497P

AFC Energy Plc

19 October 2021

 

19 October 2021

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 Mike Rendall, Chief Engineering Product Officer, purchased 18,817 ordinary shares of 0.1 pence each ("Ordinary Shares") yesterday at a price of 53.08 pence per share.

Following this transaction Mr. Rendall has interests in 18,817 Ordinary Shares, representing 0.0026% of the Company's issued share capital.

The Company has 734,484,668 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	Mike Rendall
2.	Reason for the notification
a.	Position/status	Chief Engineer and Product 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 Identification code	Ordinary Shares of 0.1 pence each GB00B18S7B29
b.	Nature of the transaction	Purchase of shares
c.	Price(s) and volume(s)	Price(s) Volume(s) 53.08 pence 18,817
d.	Aggregated information ·Aggregated volume ·Price	N/A, Single transaction
e.	Date of the transaction	18 October 2021
f.	Place of the transaction	London Stock Exchange, AIM

For further information, please contact:

AFC Energy plc Adam Bond (Chief Executive Officer)	[phone] [e-mail]
Peel Hunt LLP - Nominated Adviser and Joint Broker Richard Crichton / Tom Ballard Alexander Allen	[phone]
M C Peat & Co LLP  - Joint Broker Charlie Peat	[phone]
Zeus Capital Limited - Joint Broker Daniel Harris (Corporate Finance) Dominic King (Corporate Broking)	[phone]
FTI Consulting  - Financial PR Advisors Sara Powell / Ben Brewerton	[phone] [e-mail]

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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