AFC ENERGY PLC

Share Issue/Capital Change • Oct 25, 2023

National Storage Mechanism | Additional information

RNS Number : 1551R

AFC Energy Plc

25 October 2023

25 October 2023

AFC Energy PLC

("AFC Energy" or the "Company")

Block Listing Return and Correction

AFC Energy today makes the following notification pursuant to Schedule Six of the AIM Rules for Companies regarding its existing block admission arrangements in respect of (i) certain employee share options; (ii) 2022 SAYE Scheme; and (iii) 2023 SAYE Scheme.

It also issues a correction to the block listing return dated 25 April 2023, which due to a clerical error did not include the number of shares issued under the block listing and overstated the balance under the scheme not yet issued at the end of that period. 

Corrected Block Listing Six Monthly Return

25 April 2023

Name of applicant:		AFC Energy PLC
Name of scheme:		Employee Share Option Scheme
	From:	1 August 2022	To:	24 April 2023
Balance of unallotted securities under scheme(s) from previous return:		13,165,501
Plus:  The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):		N/A
Less:  Number of securities issued/allotted under scheme(s) during period (see LR3.5.7G):		53,334
Equals:  Balance under scheme(s) not yet issued/allotted at end of period:		13,112,167

Name of contact:	Brendan Keane
Telephone number of contact:	+44(0)1483 921064

Block Listing Six Monthly Return

25 October 2023

Name of applicant:		AFC Energy PLC
Name of scheme:		Employee Share Option Scheme 2023 SAYE Scheme 2022 SAYE Scheme
	From:	25 April 2023	To:	24 October 2023
Balance of unallotted securities under scheme(s) from previous return:		13,112,167
Plus:  The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):		N/A
Less:  Number of securities issued/allotted under scheme(s) during period		265,136
Equals:  Balance under scheme(s) not yet issued/allotted at end of period:		12,847,031
Number and class of securities originally admitted and the date of admission		12,469,169 ordinary shares of 0.1 pence each - 12 January 2021

Name of contact:	Brendan Keane
Telephone number of contact:	+44(0)1483 921064

As at 25 October 2023, the Company's issued and outstanding share capital is 746,516,307 ordinary shares, each with voting rights, and this number may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules. The Company does not hold any shares in treasury.

For further information, please contact:

AFC Energy PLC Adam Bond (Chief Executive Officer)	+44 (0) 14 8327 6726 investors@afcenergy.com
Peel Hunt LLP - Nominated Adviser and Joint Broker Richard Crichton / Tom Ballard / Georgia Langoulant	+44 (0) 207 418 8900
Zeus - Joint Broker David Foreman / James Hornigold (Investment Banking) Dominic King (Corporate Broking) / Rupert Woolfenden (Sales)	+44 (0) 203 829 5000
FTI Consulting - Financial PR Advisors Ben Brewerton / Nick Hennis / Dhruv Soni	+44 (0) 203 727 1000 afcenergy@fticonsulting.com

About AFC Energy

AFC Energy PLC is a leading provider of hydrogen energy solutions, to provide clean electricity for on and off grid power applications. The Company's fuel cell technology is now deployable as electric vehicle chargers, off-grid decentralised power systems for construction and temporary power with emerging opportunities across maritime, data centres and rail as part of a portfolio approach to the decarbonisation of society's growing electrification needs.

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