AFC ENERGY PLC

Board/Management Information • Feb 27, 2020

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RNS Number : 3346E

AFC Energy Plc

27 February 2020

27 February 2020

AFC Energy plc

("AFC Energy" or "the Company")

Director Appointment

AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, is pleased to announce the appointment of Graeme Lewis as Finance Director of the Company with immediate effect. Mr Lewis will retain his role as Company Secretary.  

Graeme is an experienced chartered accountant and CFO who has held senior positions across multiple jurisdictions in listed and PE backed companies, including some of the world's largest distributors of temporary and off-grid power systems. Graeme holds a degree in mathematics from Cambridge University.

The following details in relation to the appointment of Graeme Robert Lewis, aged 59, are disclosed in accordance with Schedule 2(g) of the AIM Rules:

Current directorships	Past directorships held within the last five years
None	None

There are no other disclosures in accordance with Schedule 2(g) of the AIM Rules.

Commenting on Graeme's appointment, Adam Bond, Chief Executive Officer, said: "Having been in the role of CEO since late 2018, we are now pleased to welcome Graeme onto the Board with immediate effect.  Graeme's highly regarded commercial experience, particularly in the temporary and off-grid power markets will be a key contributor to AFC Energy's current commercial focus and drive towards system deployment in 2020 where he brings a unique understanding of successful business models and opportunities in one of the Company's key addressable markets."

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/ Chris Savidge - 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
Tuva Partners - Public Relations Alex Brooks	+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.

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