AFC Energy directors take part in share offer

(ShareCast News) - Two of AFC Energy's directors have subscribed in the industrial fuel cell power company's latest share offer.The AIM-listed company raised £2.47m last week after it issued over 12.3m new ordinary shares which were subscribed to by existing and other investors.The company said it plans to offer another 5.6m shares to qualifying shareholders, with the proceeds from both share issues used to complete pre-commissioning activities in relation to Milestone 11.Non-executive directors Eugene Shvidler and Mitchell Field took part in the subscription, pikcing up just under 580,000 and 250,000 shares respectively.They now hold 4.77% and 0.96% stakes in the company. Top Director BuysAFC Energy (AFC) Director name: Mr Eugene ShvidlerAmount purchased: 579,104 @ 20.00p Value: £115,821Advanced Oncotherapy (AVO) Director name: Mr Michael Bradfield Amount purchased: 750,000 @ 6.75p Value: £50,625AFC Energy (AFC) Director name: Mr Mitchell Laurence FieldAmount purchased: 250,000 @ 20.00p Value: £50,000Symphony International Holdings Ltd. (SIHL) Director name: Mr Pierangelo BottinelliAmount purchased: 50,000 @ $0.68 Value: $33,950Advanced Oncotherapy (AVO) Director name: Dr Michael J SinclairAmount purchased: 500,000 @ 6.25p Value: £31,250Fyffes (FFY) Director name: Mr Seamus KeenanAmount purchased: 8,494 @ 108.62p Value: £9,226Fyffes (FFY) Director name: Mr Tom MurphyAmount purchased: 8,494 @ 108.62p Value: £9,226Fyffes (FFY) Director name: Mr David V McCannAmount purchased: 8,494 @ 108.62p Value: £9,226Filtronic (FTC) Director name: Mr Rob SmithAmount purchased: 200,000 @ 5.00p Value: £10,000Filtronic (FTC) Director name: Mr Reginald L GottAmount purchased: 200,000 @ 5.00p Value: £10,000Top Director SellsYoung & Co's Brewery 'A' Shares (YNGA) Director name: Mr Torquil Sligo-YoungAmount sold: 13,759 @ 1,224.75p Value: £168,513