Source - RNS
RNS Number : 0492L
AFC Energy Plc
16 April 2018
 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain. 

 

16 April 2018

 

AFC Energy PLC

 

("AFC Energy" or the "Company")

 

 

PDMR Shareholding

 

AFC Energy (AIM: AFC), the industrial fuel cell power company, announces that Richard Dunkley, Chief Financial Officer designate of the Company, acquired 270,144 ordinary shares of 0.1 pence each ("Ordinary Shares") at an average price of 11.10 pence per share on 13 April 2018.

Following the transaction, Richard Dunkley is interested in a total of 270,144 Ordinary Shares in the Company, representing 0.07% of the total issued share capital of the Company.

For further information, please contact:

AFC Energy plc

Adam Bond (Chief Executive Officer)

 

 

+44 (0) 20 3697 1209

Cantor Fitzgerald Europe Nominated Adviser and Joint Broker

David Foreman

Richard Salmond 

                          

 

+44 (0) 20 7894 7000

M C Peat & Co LLP Joint Broker

Charlie Peat

 

+44 (0) 20 7104 2334



Lionsgate Communications Public Relations

Jonathan Charles

 

 

+44 (0) 20 3697 1209

 

About AFC Energy

 

AFC Energy plc has developed and successfully demonstrated an alkaline fuel cell system, 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. 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

 



 

Appendix - PDMR Dealing Disclosure:

1.             

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Richard Dunkley

2.               

Reason for the Notification

a)

Position/status

Chief Financial Officer designate

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 0.1 pence each

Identification code

GB00B18S7B29

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

11.40 pence

87,614 (bought)

10.95 pence

182,530 (bought)

d)

Aggregated information:

·     Aggregated volume

·     Price

270,144 ordinary shares of 0.1 pence each ("Ordinary Shares") at an average price of 11.10 pence per share

e)

Date of the transaction

13 April 2018

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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