Source - LSE Regulatory
RNS Number : 9035X
AFC Energy Plc
07 May 2021
 

The following amendment has been made to the 'Director Dealing' announcement released on 07/05/2021 at 07.50 a.m. under RNS No 8998X.

 

Mr Gary Bullard's overall holding is 70,000 Ordinary Shares.

 

All other details remain unchanged.

 

The full amended text is shown below.

 

 

7 May 2021

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 6 May 2021, Elaine Sullivan, wife of Mr Gary Bullard, Non-Executive Chairman, purchased 40,000 Ordinary Shares of 0.1 pence at a price of 55.3 pence per share. 

Following this transaction Mr. Bullard has interests in 70,000 Ordinary Shares, representing 0.00095% of the Company's issued share capital.

On 6 May 2021, Mr Joseph Mangion, Non-Executive Director, purchased 10,093 Ordinary Shares of 0.1 pence at a price of 54.5 pence per share.

Following this transaction Mr Mangion has interests in 25,093 Ordinary Shares, representing 0.000034% of the Company's issued share capital. 

The Company has 732,750,500 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

 

Elaine Sullivan

2

 

Reason for the notification

 

a)

 

Position/status

 

Wife of Gary Bullard, 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)

55.3p

40,000








Purchase of shares

 

 




 

 

d)

 

Aggregated information






- Aggregated volume


40,000 shares




- Price


£22,120.00




e)

 

Date of the transaction

 

6 May 2021

f)

 

Place of the transaction

London Stock Exchange, AIM

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Joseph Mangion

2

 

Reason for the notification

 

a)

 

Position/status

 

Non-Executive Director

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)

54.5p

10,093








Purchase of shares

 




 

 

d)

 

Aggregated information






- Aggregated volume


10,093 shares




- Price


£5,499.88




e)

 

Date of the transaction

 

6 May 2021

f)

 

Place of the transaction

London Stock Exchange, AIM

 



 

For further information, please contact:

AFC ENERGY AND ADVISORS

 

AFC Energy plc

Adam Bond (Chief Executive Officer)  

Iain Thomson (Head of Communications and Stakeholder Management)

 

 

+44 (0) 14 8327 6726

investors@afcenergy.com

WH Ireland Nominated Adviser and Joint Broker

Mike Coe (Corporate Finance)

Jasper Berry (Corporate Broking)

 

+44 (0) 117 945 3470

M C Peat & Co LLP - Joint Broker

Charlie Peat

 

+44 (0) 20 7104 2334

Zeus Capital Limited - Joint Broker

Daniel Harris (Corporate Finance)

John Goold/Dominic King (Corporate Broking)

 

+44 (0) 203 829 5000

FTI Consulting - Financial PR Advisors

Sara Powell / Ben Brewerton

 

+44 (0) 203 727 1000

afcenergy@fticonsulting.com

 


About AFC Energy plc

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.

 

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