29 Nov 2011 07:00
29 November 2011
Ceramic Fuel Cells Limited (the 'Company')
Director Shareholding
The Company announces that following shareholder approval at the annual general meeting on 23 November 2011, 1,051,170 ordinary shares of no par value were issued to Brendan Dow, Managing Director for nil consideration on 28 November 2011 under the CFCL Directors and Employee Benefits Plan. Half of the shares (525,585 shares) are subject to an escrow agreement under which the shares may not be sold or transferred until 20 June 2012.
Mr. Dow's total shareholding now comprises 1,725,170 ordinary shares representing 0.14% of the issued share capital.
Application has been made for the 1,051,170 shares to be admitted to trading on AIM. Admission is expected to occur on 2nd December 2011.
Following the issue of shares to Mr Dow, the company now has 1,263,628,585 ordinary shares in issue.
For further information please contact:
Ceramic Fuel Cells |
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Andrew Neilson | Tel: +61 419 950 771 |
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Email: investor@cfcl.com.au |
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Nomura Code Securities (AIM Nomad) | Tel: +44 (0) 207 776 1200 |
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Juliet Thompson, Chris Golden | www.nomuracode.com |
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UK Media enquiries Mark Way
| Tel: +44 (0) 7786 116 991 Email: Mark.W@harvardamerica.com | ||
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About Ceramic Fuel Cells Limited:
Ceramic Fuel Cells Limited is a world leader in developing fuel cell technology to generate highly efficient and low-emission electricity from widely available natural gas. Ceramic Fuel Cells is developing fully integrated power and heating products with leading energy companies E.ON UK in the United Kingdom, GdF Suez in France and EWE in Germany.
Ceramic Fuel Cells has also sold more than 300 BlueGen gas-to-electricity generators to major utilities and other foundation customers in Germany, the United Kingdom, Switzerland, The Netherlands, Italy, Japan, Australia and the USA. The company is listed on the London Stock Exchange AIM market and the Australian Securities Exchange (code CFU).
www.cfcl.com.au