Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAFC Energy Regulatory News (AFC)

Share Price Information for AFC Energy (AFC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 17.50
Bid: 17.18
Ask: 17.48
Change: 0.00 (0.00%)
Spread: 0.30 (1.746%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 17.50
AFC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Block listing application

12 Jan 2021 11:23

RNS Number : 4140L
AFC Energy Plc
12 January 2021
 

12 January 2021

 

AFC Energy plc

("AFC" or the "Company")

Block listing application

AFC Energy Plc (AIM: AFC), a leading provider of hydrogen power generation technologies, announces that an application has been made to the London Stock Exchange for a block listing of securities in respect of 12,469,169 ordinary shares of 0.1 pence each (the 'New Ordinary Shares') to be admitted to trading on AIM.

The New Ordinary Shares will be issued from time to time in order to satisfy certain employee share options which may be exercised. It is expected that admission will become effective on 15 January 2021.

The block listings consist of:

1. 180,000 ordinary shares in respect of options granted in November 2012, exercisable at 35.75 pence per share;

2. 135,000 ordinary shares in respect of options granted in December 2013, exercisable at 34 pence per share;

3. 150,000 ordinary shares in respect of options granted in April 2015, exercisable at 41 pence per share;

4. 6,000,000 ordinary shares in respect of options granted in July 2015 and modified in December 2020, exercisable at 22 pence per share;

5. 3,103,335 ordinary shares in respect of the options granted in October 2018, exercisable at 8.8 pence per share;

6. 1,800,000 ordinary shares in respect of the options granted in December 2019, exercisable at 16 pence per share; and

7. 1,100,834 ordinary shares in respect of options granted in April 2020, exercisable at 15.4 pence per share.

For the avoidance of doubt these applications are not applications to list the share options themselves on any regulated market but merely an administrative measure to ensure that the Company does not need to make multiple applications for admission of ordinary shares to trading on each separate occasion when the existing employee share options are exercised by holders. The options remain in uncertificated form and there are no changes to the terms and conditions of the options.

Following the Block Admission, the Company's issued share capital will remain unchanged at 676,151,310 ordinary shares. The Company will make six-monthly announcements of the utilisation of the Block Admission, in line with its obligations under AIM Rule 29. The Company will also update the market with the total voting rights at the end of the month in which an option exercise has occurred.

When issued, the New Ordinary Shares will be credited as fully paid and will rank pari passu in all respects with the existing ordinary shares of 0.1 pence each in the capital of the Company ('Ordinary Shares').

For further information, please contact:

AFC Energy plc

Adam Bond (Chief Executive Officer)  

+44 (0) 14 8327 6726

 

WH Ireland Nominated Adviser and Joint Broker

Mike Coe (Corporate Finance)

Jasper Berry (Corporate Broking)

+44 (0) 117 945 3470

 

M C Peat & Co LLP - Joint Broker

Charlie Peat

+44 (0) 20 7104 2334

Zeus Capital Limited - Joint Broker

Daniel Harris (Corporate Finance)

John Goold/Dominic King (Corporate Broking)

+44 (0) 203 829 5000

 

Tuva Partners - Public Relations

Alex Brooks

 

+44 (0) 7900 205 460

 

About AFC Energy

AFC Energy plc is commercialising a scalable alkaline fuel cell system, 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 industrial gas plants as part of a portfolio approach to the decarbonisation of local electricity needs.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
ALSEAFFAFAFFEFA
Date   Source Headline
28th Mar 20241:00 pmRNSNotice of 2024 AGM
26th Mar 20247:00 amRNSQ&A session via Investor Meet Company
15th Mar 20241:00 pmRNSTotal Voting Rights
14th Mar 20247:00 amRNSS Series Fuel Cell Operating Cost Milestone
11th Mar 20247:00 amRNSFirst Factory Acceptance Test of 30kW Generator
4th Mar 20247:00 amRNSGenerator Attestation of Conformity for CE Mark
28th Feb 20247:00 amRNSAmmonia Cracker Milestones Achieved
26th Jan 20247:00 amRNSFunding Secured for Maritime Ammonia Cracker Trial
18th Dec 20237:00 amRNSAppointment of Additional Corporate Broker
4th Dec 20237:00 amRNSWorld First Ammonia Cracking Pilot
17th Nov 20237:00 amRNSPurchase of Assets from Octopus Hydrogen
15th Nov 20237:00 amRNSLaunch of Speedy Hydrogen Solutions & First Orders
25th Oct 20237:00 amRNSBlock Listing Return and Correction
23rd Oct 202312:00 pmRNSLaunch of 2023 SAYE Scheme
23rd Oct 20237:00 amRNSAmmonia Cracker Technology Milestone Achieved
4th Sep 20237:00 amRNSExclusive Distribution Agreement with TAMGO
8th Aug 202310:41 amRNSDirector/PDMR Shareholding
31st Jul 20237:00 amRNSInterim Results
28th Jul 20237:00 amRNSProposed Launch of Speedy Hire Joint Venture
27th Jul 20237:00 amRNSAppointment of Non-Executive Director
26th Jul 20237:00 amRNSAFC Energy Secures £4.3m UK Government Grant
18th Jul 20237:00 amRNSStade Update
16th Jun 20232:01 pmRNSDirector/PDMR Shareholding
6th Jun 20237:00 amRNSBoard Changes
1st Jun 20233:52 pmRNSDirector/PDMR Shareholding
1st Jun 20237:00 amRNSGrant of Share Options
11th May 20237:00 amRNSNon-Executive Director Retirement
2nd May 20239:25 amRNSDirector/PDMR Shareholding
28th Apr 20237:00 amRNSGrant of Options
28th Apr 20237:00 amRNSNotice of Investor Presentation
28th Apr 20237:00 amRNSAnnual General Meeting Results
25th Apr 20233:58 pmRNSBlock Listing Return
21st Apr 20236:03 pmRNSAnnual Financial Report
19th Apr 20237:00 amRNSACCIONA Orders First 50kVA H-Power Generator
4th Apr 20237:00 amRNSNotice of AGM
29th Mar 20237:05 amRNSABB E-mobility Follow On Investment
29th Mar 20237:00 amRNSABB Milestone Validation
23rd Mar 20237:00 amRNS“Ammonia to Hydrogen” Cracker Technology Launch
9th Mar 20237:00 amRNSH-Power Tower Deployment Update
7th Mar 20237:00 amRNSAppointment of New Business Development Manager
17th Jan 20234:40 pmRNSSecond Price Monitoring Extn
17th Jan 20234:35 pmRNSPrice Monitoring Extension
1st Dec 20227:00 amRNSPeter Dixon Clarke Appointment
23rd Nov 202211:49 amRNSHS2 Fuel Cell Tower
7th Nov 20227:00 amRNSMethanol Fuel Tower Field Trial
3rd Oct 20227:00 amRNSACCIONA Power Tower Deployment
29th Sep 20227:02 amRNSAppointment of Chief Financial Officer
2nd Sep 202212:30 pmRNSLaunch of SAYE scheme and Director Dealing
26th Aug 20221:38 pmRNSDirector / PDMR Shareholding
3rd Aug 20227:00 amRNSBlock Listing Six Monthly Return

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.