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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: 20.40
Bid: 20.15
Ask: 20.50
Change: -0.40 (-1.92%)
Spread: 0.35 (1.737%)
Open: 21.00
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Low: 20.20
Prev. Close: 20.80
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TRADING UPDATES: FireAngel CFO resigns; ECR Minerals raises GBP585,000

Thu, 14th Mar 2024 16:53

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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Compagnie de Saint-Gobain SA - Courbevoie, France-based building materials company - Participates in funding round for low-carbon cement start-up Fortera, and explains that by investing in the firm through its venture capital activity, it is "supporting cutting-edge technologies that curb carbon dioxide at the source". Saint-Gobain didn't specify how much it invested.

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ECR Minerals PLC - Australia-focused gold exploration company - Raises GBP585,000 before expenses through the placing of 195.0 million new ordinary shares of 0.30 pence each. This price represents a discount of 30% to ECR Minerals' closing middle market price of 0.43p each on March 13. The net proceeds will be used to advance ECR's projects in Victoria and Queensland during 2024.

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AFC Energy PLC - Surrey, England-based provider of hydrogen power generation technologies - Notes a 16% reduction in hydrogen fuel consumption from the 2024 30 kilowatt H-Power generator versus the 2023 H-Power tower. Further, Chief Executive Adam Bond says: "Lowering the total cost of ownership of fuel cell generators is a key prerequisite to industry-wide adoption. Last year, field data suggested that AFC Energy's H-Power Towers were, operationally, only 14% more costly than diesel generators based on European hydrogen prices, highlighting the importance of fuel efficiency in generator performance and reducing this cost gap."

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FireAngel Safety Technology Group PLC - Coventry, England-based developer and supplier of home safety products - Says Chief Financial Officer Zoe Fox has resigned from her role, and will be replaced by Commercial Director Adrian Wilding with immediate effect. Fox is expected to remain within the business until June to ensure a smooth transition to Wilding.

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Oxford BioDynamics PLC - Oxford-based biotechnology company with a portfolio of clinical tests using its EpiSwitch technology - Raises gross proceeds of GBP9.9 million pursuant to a placing, via an accelerated book build. Subsequently, will issue 89.2 million shares at 9 pence each. Also announces the appointment of WG Partners as joint broker with immediate effect.

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By Holly Beveridge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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17 May 2024 18:55

TRADING UPDATES: PetroTal buys Peru's Block 131 for USD5.0 million

(Alliance News) - The following is a round-up of updates by London-listed companies, issued last week Wednesday and not separately reported by Alliance News:

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8 May 2024 14:20

AFC Energy chooses Illuming Power as manufacturing partner

(Sharecast News) - Hydrogen power generation technology specialist AFC Energy announced the selection of North American manufacturer Illuming Power as its primary producer of fuel cell plates and stacks for its 'S Series' air-cooled platform.

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25 Apr 2024 15:47

EXECUTIVE CHANGES: Hydrogen Future Industries 25% shareholder made CEO

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and not separately reported by Alliance News:

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18 Apr 2024 14:12

UK shareholder meetings calendar - next 7 days

Friday 19 April 
Murray International Trust PLCAGM
Quantum Exponential Group PLCGM re delisting or potential investment in company
Monday 22 April 
Renalytix PLCGM
Travis Perkins PLCAGM
Tuesday 23 April 
AIQ LtdAGM
NatWest Group PLCAGM
Taylor Wimpey PLCAGM
Wednesday 24 April 
abrdn PLCAGM
abrdn Equity Income Trust PLCAGM
AssetCo PLCAGM
Breedon Group PLCAGM
British American Tobacco PLCAGM
Bunzl PLCAGM
Coro Energy PLCAGM
Croda International PLCAGM
Entain PLCAGM
Greencoat UK Wind PLCAGM
Primary Health Properties PLCAGM
Serco Group PLCAGM
Synectics PLCAGM
Thursday 25 April 
AFC Energy PLCAGM
Admiral Group PLCAGM
Beazley PLCAGM
BP PLCAGM
CLS Holdings PLCAGM
CRH PLCAGM
Dalata Hotel Group PLCAGM
Develop North PLCAGM
Drax Group PLCAGM
Everest Global PLCAGM
Greencoat Renewables PLCAGM
Hammerson PLCAGM
Helios Towers PLCAGM
Hikma Pharmaceuticals PLCAGM
International Biotechnology Trust PLCAGM
London Stock Exchange Group PLCAGM
Manx Financial Group PLCAGM
Mattioli Woods PLCGM re Pollen Street Capital Ltd takeover
Persimmon PLCAGM
Premier Miton Global Renewables Trust PLCAGM
Relx PLCAGM
Schroders PLCAGM
Smithson Investment Trust PLCAGM
Tissue Regenix Group PLCAGM
Weir Group PLCAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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26 Mar 2024 20:40

IN BRIEF: AFC Energy revenue falls; loss widens

AFC Energy PLC - Surrey, England-based provider of hydrogen power generation technologies - Revenue from customer contracts falls to GBP227,000 in the year ended October 31, from GBP582,000 a year earlier. Pretax loss widens to GBP19.6 million from GBP19.5 million. Says 2024 is focussed on delivery. Chief Executive Adam Bond says: "We are well placed to build on the foundations set in 2023 and look forward to the successful deliveries of our new H-Power Generators into the hands of customers throughout the remainder of the 2024 calendar year."

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11 Mar 2024 13:18

AFC Energy completes factory testing of H-Power generator

(Alliance News) - AFC Energy PLC on Monday celebrated the successful factory acceptance test of its 30 kilowatt generator.

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4 Mar 2024 12:43

AFC Energy generator given the nod for CE mark

(Sharecast News) - Hydrogen power generation technology company AFC Energy announced the reception of its first independent attestation of conformity certificate for a CE mark on Monday, from German certification agency TÜV SÜD for its 30kW H-Power S Series generator.

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26 Jan 2024 12:17

IN BRIEF: AFC Energy-led consortium secures funding from UK Government

AFC Energy PLC - provider of hydrogen power generation technologies - Says it has been awarded funding under the UK Government's Clean Maritime Demonstration Competition, which is funded by the UK Department for Transport and delivered by Innovate UK. A consortium led by AFC has been awarded GBP676,500, in order to design and integrate its proprietary ammonia cracker reactor technology with marine purposed, ammonia fuelled internal combustion engines. Funding starts in the first quarter, with results from the proof-of-concept demonstration expected to be published twelve months later.

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4 Dec 2023 17:33

TRADING UPDATES: 600 Group disposal and funding talks continue

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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17 Nov 2023 11:58

IN BRIEF: AFC Energy buys UK hydrogen assets from Octopus Energy

AFC Energy PLC - Surrey, England-based provider of hydrogen-powered generator technology - Acquires "certain" UK mobile hydrogen storage and distribution assets from Octopus Hydrogen, part of Octopus Energy Ltd, for an undisclosed sum. Says these assets provide immediate logistics capability to supply hydrogen fuel to its growing network of H-Power Generators across the UK, and strengthen its leading position as the dominant UK hydrogen supplier "to support industry's transition to a sustainable off-grid power solution". Acquisition includes two NanoSun Pioneer mobile hydrogen refuelling stations and a hydrogen compressor for refilling. AFC says the assets will support Speedy Hydrogen Solutions, its recently announced joint venture with Speedy Hire. Adds that it does not intend to become a "capital intensive" provider but that early investment in well-priced assets will enable it to derive incremental revenue and support the maturing hydrogen generator market.

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17 Nov 2023 09:42

AFC Energy acquires mobile hydrogen assets from Octopus

(Sharecast News) - AFC Energy announced an agreement to acquire certain mobile hydrogen storage and distribution assets in the UK on Friday from Octopus Hydrogen, part of the Octopus Energy Group.

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15 Nov 2023 12:23

AFC Energy and Speedy Hire launch hydrogen generator joint venture

(Alliance News) - Speedy Hire PLC and AFC Energy PLC on Wednesday announced the launch of joint-venture Speedy Hydrogen Solutions Ltd, dedicated to the hire of hydrogen powered generator plants.

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23 Oct 2023 11:42

AFC Energy achieves new milestone for its ammonia cracking technology

(Alliance News) - AFC Energy PLC on Monday said it achieved a new milestone as its ammonia cracking technology achieved 99.99% hydrogen from single reactor testing.

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23 Oct 2023 07:29

AFC Energy hails successful testing of ammonia cracker tech

(Sharecast News) - Hydrogen power generation technologies group AFC Energy has reached a new milestone with its new ammonia cracking technology, with testing proving its ability to deliver fuel cell grade hydrogen "on a modular, scalable basis".

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