Change of Broker

17 Aug 2007 07:01

AFC Energy Plc17 August 2007 AFC Energy plc ("AFC Energy" or the "Company") Change of Broker The Board of AFC Energy plc, the low cost alkaline fuel cell company, is pleasedto announce that Blue Oar Securities plc has been appointed as Broker to theCompany. Nabarro Wells will continue to act as Nominated Adviser to the Company. Gerard Sauer, Chief Executive of AFC Energy plc said: "AFC Energy has a clear strategy to achieve the commercialisation of its lowcost fuel cells. Blue Oar has an impressive team and by combining our effortswith Blue Oar's own expertise we look forward to building on the progress wehave already made." Nick Redfern, Head of Equities at Blue Oar Securities plc said: "Blue Oar Securities is delighted to have been chosen to work with AFC Energy.In our opinion, AFC Energy is a company with both viable products and apotential earnings stream that has placed it at the very forefront of this fastgrowing industry." - Ends - For further information please visit www.afcenergy.com or contact: AFC Energy plc 01483 276 726Gerard Sauer, Chief Executive Blue Oar Securities - Broker 020 7448 4400Shane Gallwey Nabarro Wells & Co. Limited - Nominated Adviser 020 7710 7400Richard Swindells / Anthony Rowland Madano Partnership 020 7593 4000Mark Way This information is provided by RNS The company news service from the London Stock Exchange