AFC ENERGY PLC

Director's Dealing • Aug 12, 2021

National Storage Mechanism | Additional information

RNS Number : 3709I

AFC Energy Plc

12 August 2021

RNS

12 August 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 10 August 2021, Gary Bullard, Non-Executive Chairman, purchased 15,000 Ordinary Shares of 0.1 pence at a price of 58.5 pence per share. 

Following this transaction Mr. Bullard has interests in 85,000 Ordinary Shares, representing 0.012% of the Company's issued share capital.

The Company has 734,418,000 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

Gary Bullard

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)
58.5p	15,000

Purchase of shares

d)

Aggregated information

- Aggregated volume

15,000 shares

- Price

£8,775.00

e)

Date of the transaction

10 August 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 / Sarah Mather (Corporate Finance) Jasper Berry (Corporate Broking)	+44 (0) 207 220 1666
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 a leading provider of hydrogen fuel cell power systems to generate clean energy in support of the global energy transition.

Based in the UK, the Company's scalable systems provide off-grid, zero emission power that are already being deployed for rapid electric vehicle charging and the replacement of diesel generators for temporary power applications.   

AFC Energy is also working with global partners in the deployment of products for the Maritime, Ports, Data Centres and Rail industries, emphasising the central role of its technology in the decarbonisation of global industry.

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