Last checked at 7 May 2021 07:50
RNS
7 May 2021
AFC Energy plc
("AFC Energy" or "the Company")
Director Dealing
AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, has received notice that on 6 May 2021, Elaine Sullivan, wife of Mr Gary Bullard, Non-Executive Chairman, purchased 40,000 Ordinary Shares of 0.1 pence at a price of 55.3 pence per share.
Following this transaction Mr. Bullard has interests in 75,000 Ordinary Shares, representing 0.0010% of the Company's issued share capital.
On 6 May 2021, Mr Joseph Mangion, Non-Executive Director, purchased 10,093 Ordinary Shares of 0.1 pence at a price of 54.5 pence per share.
Following this transaction Mr Mangion has interests in 25,093 Ordinary Shares, representing 0.000034% of the Company's issued share capital.
The Company has 732,750,500 Ordinary Shares in issue, none of which are held in treasury.
The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||||||
a)
| Name
| Elaine Sullivan | |||||||
2
| Reason for the notification
| ||||||||
a)
| Position/status
| Wife of Gary Bullard, Non-Executive Chairman | |||||||
b)
| 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)
| LEI
| 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 0.1p each | |||||||
Identification code | GB00B18S7B29 | ||||||||
b)
| Nature of the transaction
| Purchase of shares | |||||||
c)
| Price(s) and volume(s) |
| |||||||
Purchase of shares
|
| ||||||||
d)
| Aggregated information | ||||||||
- Aggregated volume | 40,000 shares | ||||||||
- Price | £22,120.00 | ||||||||
e)
| Date of the transaction
| 6 May 2021 | |||||||
f)
| Place of the transaction | London Stock Exchange, AIM | |||||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||||||
a)
| Name
| Joseph Mangion | |||||||
2
| Reason for the notification
| ||||||||
a)
| Position/status
| Non-Executive Director | |||||||
b)
| 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)
| LEI
| 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 0.1p each | |||||||
Identification code | GB00B18S7B29 | ||||||||
b)
| Nature of the transaction
| Purchase of shares | |||||||
c)
| Price(s) and volume(s) |
| |||||||
Purchase of shares
|
| ||||||||
d)
| Aggregated information | ||||||||
- Aggregated volume | 10,093 shares | ||||||||
- Price | £5,499.88 | ||||||||
e)
| Date of the transaction
| 6 May 2021 | |||||||
f)
| Place of the transaction | London Stock Exchange, AIM | |||||||
For further information, please contact:
AFC ENERGY AND ADVISORS
|
About AFC Energy plc
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 being deployed 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.