Last checked at 3 Dec 2021 07:00
3 December 2021
AFC Energy PLC
("AFC Energy" or the "Company")
Appointment of Non-Executive Director
AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, is pleased to announce the appointment of Monika Biddulph as a non-executive director with immediate effect.
Monika, who holds a PhD in Experimental High Energy Physics from the ETH Zurich, brings over 20 years' experience in both technical and commercial areas within international technology businesses including general management, IP licensing, marketing and technical roles. Until August 2018, Monika was a member of the Senior Leadership Team IP Product Groups at Arm Holdings plc.
Monika is an experienced non-executive director in the technology sector and her current roles are with Ilika plc. and D4t4 Solutions plc., and she was previously on the Board of Linaro Limited.
Commenting on the appointment, Gary Bullard, Non-Executive Chair at AFC Energy, said:
"Following a thorough selection process, we are excited to have found a Non-Executive Director who brings both technical and commercial acumen to support our business growth combining an understanding of the customers' needs with the challenges of delivering new technology. I look forward to working with Monika and wish her every success."
Monika Biddulph Non-Executive Director at AFC Energy, added:
"I am pleased to be joining AFC Energy at this exciting time where I hope to be able to share my knowledge of technology and product development and commercialisation in an international setting. I believe that AFC Energy is a young, energetic and growing company and eagerly anticipate joining Gary and his team."
Pursuant to Schedule 2 (g) of the AIM Rules for Companies the following is disclosed in relation to Monika Biddulph.
Monika Biddulph, aged 55, is currently a director of Ilika plc, D4t4 Solutions plc and Mbiddulph Limited.
Ms Biddulph does not currently hold any shares in, or options over shares in, the capital of the Company.
Save as set out above, there is no further information required to be disclosed pursuant to Schedule 2 paragraph (g) of the AIM Rules for Companies.
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 / Alexander Allen | +44 (0) 20 7418 8900 |
M C Peat & Co LLP - Joint Broker Charlie Peat | +44 (0) 20 7104 2334 |
Zeus Capital Limited - Joint Broker Daniel Harris (Corporate Finance) Dominic King (Corporate Broking) / Rupert Woolfenden (Head of Sales) |
+44 (0) 203 829 5000 |
FTI Consulting - Financial PR Advisors Sara Powell / Ben Brewerton | +44 (0) 203 727 1000 afcenergy@fticonsulting.com |
About AFC Energy
AFC Energy plc is commercialising scalable alkaline fuel cell systems, to provide clean electricity for on and off grid applications. The technology, pioneered over the past twelve years in the UK, is now deployable in electric vehicle chargers, off-grid decentralised power systems and data centre applications with emerging opportunities across maritime and rail as part of a portfolio approach to the decarbonisation of local electricity needs.