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Pin to quick picksAFC Energy Share News (AFC)

Share Price Information for AFC Energy (AFC)

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Share Price: 18.44
Bid: 18.24
Ask: 18.56
Change: -0.06 (-0.32%)
Spread: 0.32 (1.754%)
Open: 18.48
High: 18.60
Low: 18.10
Prev. Close: 18.50
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AFC Energy Adds Former Rolls-Royce Fuel Cell Unit Chief Agnew To Board

Mon, 09th Sep 2019 15:05

(Alliance News) - AFC Energy PLC on Monday said that it has appointed Gerry Agnew as a non-executive director but two other board members will step down with immediate effect.

Agnew was formerly the technology chief of Rolls-Royce Holding PLC's fuel cell business and held various other roles with the London-listed jet engine maker.

He said: "I first met AFC Energy many years ago, and have watched with interest the dramatic change and progression made by the company over recent years, not only in its existing technology, but also in the development of its business models, key market applications and its new cutting edge high power density fuel cell power system.

"The AFC Energy alkaline fuel cell affords many advantages compared to its peers in the market today and I very much look forward to working with the executive and scientific teams in taking the business forward to commercial success."

Stepping down from AFC however are Non-Executive Directors Lisa Jordan and Percy Hayball.

The duo were representatives of Ervington Investments Ltd, which initially invested in AFC in 2012.

AFC Chair John Rennocks said: "We are delighted to welcome Agnew onto the board. Agnew brings an extremely high calibre of commercial and technological acumen to the business and reflects the state of our company that we can attract such talent.

"I would also like to thank Jordan and Hayball for their contributions in assisting the company since their joining the board in 2016 and 2018 respectively. They both, alongside Ervington, have been, and continue to be, great supporters of AFC Energy and we wish them all the best in their future endeavors."

Shares in AFC were 1.1% higher at 4.98 pence each in London on Monday afternoon.

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1 Nov 2018 13:43

AFC Energy Power Unit Design May Be Altered After Southern Oil Review

LONDON (Alliance News) - Industrial fuel cell power firm AFC Energy PLC on Thursday said its hydrogen power-generation unit design could be altered as result of a review by Southern Oil Refining

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5 Sep 2018 09:21

AFC Energy joins Hydrogen Council as supporting member

(Sharecast News) - Industrial fuel cell power company AFC Energy has been invited to join the Hydrogen Council as a supporting member, it announced on Wednesday.

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26 Jul 2018 13:14

AFC Energy Receives Deposit From Southern Oil Refinery For Order

LONDON (Alliance News) - Fuel cell power company AFC Energy PLC said on Thursday it has received a non-refundable deposit from Southern Oil Refinery Pty Ltd.This will allow AFC to start the

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3 May 2018 12:42

AFC Energy Appoints Richard Dunkley As Chief Financial Officer

LONDON (Alliance News) - Fuel cell power company AFC Energy PLC on Thursday appointed Richard Dunkley as chief financial officer and Percy Hayball as non-executive director.Dunkley replaced

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7 Mar 2018 13:33

AFC Energy 2017 Loss Narrows As Prepares For Commercial Exploitation

LONDON (Alliance News) - AFC Energy PLC said Wednesday its 2017 loss narrowed on much reduced cost of sales as it prepares to focus on commercialising its fuel cell power the

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15 Feb 2017 11:19

AFC Energy raises £6m to support journey to commercialisation

(ShareCast News) - Shares in AFC Energy are up more than 6% after it raised £6m via a discounted placing and subscription to support its journey to commercialisation. The placing was of 58.5m new shares, while the subscription was for 1.5m new shares. Both were priced at 10p a share. More specifica

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30 Nov 2016 10:05

AFC Energy To Assess Hydrogen Projects For UK 'Northern Powerhouse'

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30 Nov 2016 09:15

AFC Energy partners with Peel Environmetal for hydrogen fuel cell test

(ShareCast News) - Fuel cell power company AFC Energy has teamed up with Peel Environmental to assess the techno-feasibility of a hydrogen fuel cell precinct, which is consistent with the government's Northern powerhouse initiative. A positive outcome from the techno-economic assessment, which is to

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14 Nov 2016 11:25

AFC Energy able to operate on lower grade hydrogen

(ShareCast News) - AFC Energy completed testing of its second generation fuel cell system, proving its ability to operate on lower grade hydrogen. The second generation system extends the operating life of the fuel stack, while increases availability and reducing costs. The tests proved that the

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26 Aug 2016 17:21

AFC Energy's finance director steps down

(ShareCast News) - AFC Energy said on Friday its finance director Christopher Tawney will step down from the board with immediate effect to pursue other business interests. The company said it has appointed a senior financial controller who will absorb the roles performed by Tawney. "Christopher jo

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15 Aug 2016 15:10

AFC Energy unveils new brand identity

(ShareCast News) - Industrial fuel cell power company AFC Energy announced on Monday that it has launched a new brand identity. The AIM-traded firm said the new identity reflected its ongoing transition from a research and development focused technology company to a commercial company providing larg

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15 Aug 2016 14:57

AFC Energy shares rocket after unveiling new colours

(ShareCast News) - Hydrogen fuel cell manufacturer AFC Energy shares rocketed after the company unveiled its new brand identity to mark its transformation from a research and development-focused technology outfit and into a commercial company providing large-scale industrial applications. The compan

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6 Jul 2016 08:52

AFC Energy Achieves Fourth Strategic Milestone Ahead Of Schedule

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30 Jun 2016 07:27

AFC Energy Confident Brexit Will Not Impact EU Programmes

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16 Jun 2016 08:29

AFC Energy Gets EUR2.1 Million From EU For POWER-UP Project In Germany

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