AFC Energy Plc Director/PDMR Shareholding (8998X)
May 07 2021 - 01:50AM
UK Regulatory
TIDMAFC
RNS Number : 8998X
AFC Energy Plc
07 May 2021
RNS
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 75,000
Ordinary Shares, representing 0.0010% 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 Initial Notification
/Amendment
--------------------------------- ---------------------------------------------------
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 Ordinary Shares of 0.1p each
financial instrument,
type of instrument
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 GBP22,120.00
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 Initial Notification
/Amendment
--------------------------------- -----------------------------------
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 Ordinary Shares of 0.1p each
financial instrument,
type of instrument
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 GBP5,499.88
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) +44 (0) 14 8327 6726
Iain Thomson (Head of Communications investors@afcenergy.com
and Stakeholder Management)
WH Ireland - Nominated Adviser and Joint
Broker
M ike 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 +44 (0) 203 727 1000
Sara Powell / Ben Brewerton 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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