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Director/PDMR Shareholding

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RNS Number : 3184T
AFC Energy Plc
13 November 2019
 

13 November 2019

AFC Energy plc

("AFC Energy" or "the Company")

Director Dealing

AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, has received notice that on 12 November 2019, Mr. John Rennocks, Non-Executive Chairman, purchased 114,044 Ordinary Shares of 0.1 pence at a price of 10.199 pence per share.

Following this transaction Mr. Rennocks has interests in 114,044 Ordinary Shares, representing 0.025% of the Company's issued share capital.

The Company has 447,987,790 Ordinary Shares in issue, none of which are held in treasury.

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

John Rennocks

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Non-Executive Chairman

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

Ordinary Shares of 0.1p each



Identification code

GB00B18S7B29



b)

 

Nature of the transaction

 

Purchase of shares

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)


Purchase of shares

 

 

 

 

 


10.199p

114,044

 

 

d)

 

Aggregated information






- Aggregated volume


114,044 shares




- Price


£14,691




e)

 

Date of the transaction

 

12 November 2019

f)

 

Place of the transaction

London Stock Exchange, AIM

 

For further information, please contact:

AFC Energy plc

Adam Bond (Chief Executive Officer) 

 +44 (0) 1483 276 726



WH Ireland Nominated Adviser and Joint Broker

Mike Coe 

 +44 (0) 117 945 3470



M C Peat & Co LLP Joint Broker

Charlie Peat

 +44 (0) 20 7104 2334



Tuva Partners Public Relations

James Kennedy 

+44 (0) 7809 495 759

 

 

About AFC Energy

AFC Energy plc is commercialising a scalable alkaline fuel cell system, to provide clean electricity for on and off grid applications. The technology, pioneered over the past twelve years in the UK, is now being deployed in electric vehicle chargers, off-grid decentralised power systems and industrial gas plants as part of a portfolio approach to the decarbonisation of local electricity needs.

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
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Quick facts: AFC Energy PLC

Price: 17.775

Market: AIM
Market Cap: £80.09 m
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