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18 Nov 2024 14:58
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18 November 2024
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AFC Energy PLC
("AFC Energy" or the "Company")
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Director/PDMR Shareholding
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AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, confirms that Gary Bullard, Chief Executive Officer, today purchased 200,000 ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") at a price of 9.35 pence per share for 160,000 shares and 9.32 pence per share for 40,000 shares.
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Following these transactions, Mr. Bullard is now interested in 1,466,667 Ordinary Shares in the capital of the Company, representing 0.17% of the Company's issued share capital.
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The following notification, made pursuant to Article 19(3) of the Market Abuse Regulation, provides further details.
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1 Â | Details of the person discharging managerial responsibilities / person closely associate | |||||
a)  | Name  | Gary Bullard | ||||
2  | Reason for the notification  | |||||
a)  | Position/status  | Company's Chief Executive Officer  | ||||
b) Â | Initial notification /Amendment | Initial notification | ||||
3  | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  | |||||
a)  | Name  | AFC Energy Plc | ||||
b) Â | LEI Â | 213800SRJST19GNS9U35 | ||||
4  | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted  | |||||
a)  | Description of the financial instrument, type of instrument  | Ordinary Shares of 0.1 pence each in the Company | ||||
Identification code | ISIN: GB00B18S7B29 | |||||
b)  | Nature of the transaction   | Purchase of Ordinary Shares       | ||||
c) | Price(s) and volume(s) | Â
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d) | Aggregated Information  Volume  Price |   Volume: 200,000 ordinary shares  Price: as set out above | ||||
e) | Date of transaction | 18 November 2024 | ||||
f) | Place of transaction | London Stock Exchange, AIM | ||||
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For further information, please contact:
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AFC Energy plc Gary Bullard (Chief Executive Officer)Â Â | +44 (0) 14 8327 6726 investors@afcenergy.com |
 Peel Hunt LLP - Nominated Adviser and Joint Broker Richard Crichton / Georgia Langoulant / Brian Hanratty |  +44 (0) 207 418 8900  |
Zeus -Â Joint Broker David Foreman / James Hornigold (Investment Banking) Dominic King (Corporate Broking) / Rupert Woolfenden (Sales) | +44 (0) 203 829 5000 |
 RBC Capital Markets - Joint Broker Matthew Coakes / Teri Su Eduardo Famini / Jack Wood  FTI Consulting - Financial PR Advisors Ben Brewerton / Chris Laing / Evie Taylor |  +44 (0) 20 7653 4000    +44 (0) 203 727 1000 afcenergy@fticonsulting.com |
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About AFC Energy
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AFC Energy plc is a leading provider of hydrogen energy solutions, to provide clean electricity for on and off grid power applications. The Company's fuel cell technology is now deployable as electric vehicle chargers, off-grid decentralised power systems for construction and temporary power with emerging opportunities across maritime, data centres and rail as part of a portfolio approach to the decarbonisation of society's growing electrification needs.
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The Company's proprietary ammonia cracking technology further highlights emerging opportunities across the distributed hydrogen production market with a focus on hydrogen's role in supporting industries facing challenges in decarbonisation, such as mining, cement and heavy engineering.
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