Statement RE: delay in delive

RNS Number : 0936D

AFC Energy Plc

10 September 2008

 



AFC Energy plc 

('AFC' or 'the Company')

Statement regarding delay in delivery of fuel cells to AkzoNobel

The Board of AFC announces that after discussion with its customer, AkzoNobel, the Company will delay delivery of its first fuel cells to AkzoNobel's Bitterfeld site in Germany. Although the individual fuel cells are operating well, there is further work required to enhance the overall output of the combined system. 

AFC is currently undertaking this work, and delivery is expected to commence once this is completed.

CEO Gerard Sauer commented 'Our staff are working closely with AkzoNobel, and we have completed the preparatory work at the Bitterfeld site in anticipation of delivery and installation.'

The Board will update shareholders once it has clarity on the revised timing of delivery.

ENDS

For further information please visit www.afcenergy.com or contact:

AFC Energy plc Gerard Sauer, Chief Executive	01483 276726
Blue Oar Securities Shane Gallwey / Andrew Raca / Jerry Keen	020 7448 4400
Madano Partnership Dominic Barretto / Graham Moonie	020 7593 4000

 

END

 

 

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