Posting of Circular

RNS Number : 0803K

AFC Energy Plc

23 December 2015

 

Posting of Circular

23 December 2015

Further to its announcement of 17 December 2015, AFC Energy plc (AIM: AFC), the industrial fuel cell power company, confirms that the circular to shareholders and application form relating to the shareholder offer (the "Shareholder Offer") is today being sent to shareholders on the register at the record date.  The Shareholder Offer is in addition to the subscription announced on 17 December which raised £2.47 million before expenses and will be for up to 5,631,551 new ordinary shares (the "Offer Shares") for subscription by qualifying shareholders at 20 pence per Offer Share potentially raising up to a further £1.13 million.

The record date for the Shareholder Offer is 5.00 p.m. on 14 December 2015 and the latest date for acceptance of the Shareholder Offer is 11 a.m. on 15 January 2016. 

The circular is available on the Company's website www.afcenergy.com 

[phone]

Zeus Capital Limited - Nominated Adviser and Joint Broker

Phil Walker, Nicholas How                   

Alex Davies, John Goold

[phone] 

M C Peat & Co LLP - Joint Broker

Charlie Peat

[phone]

Lionsgate Communications - Public Relations

Jonathan Charles, Rachel Rigby

[phone]

 

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