7 Mar 2012 07:00
07 March 2012
AFC Energy PLC
("AFC Energy" or the "Company")
Directorate Change
AFC Energy (AIM: AFC), a leading developer of low-cost alkaline fuel cell technology, announces that Simon Hunt, a non-executive director, has decided not to stand for re-election at the Company's Annual General Meeting on 11th April 2012 and therefore will no longer be a director of the Company from that time. Mr Hunt has decided to step down due to the potential for a conflict of business interests with his work on other green energy projects elsewhere.
Tim Yeo, Chairman of AFC Energy plc, commented: "We would like to thank Simon for his contribution to the Company over the last two years and wish him well in his new ventures."
For further information, please contact:
AFC Energy plc | +44 (0)1483 276726 |
Ian Williamson, Chief Executive Ian Balchin, Deputy Chairman | |
Allenby Capital Limited - Nominated Adviser and Broker | +44 (0)20 3328 5656 |
Jeremy Porter Dan Robinson | |
Luther Pendragon | +44 (0)207 618 9100 |
Neil Thapar Leigh Marshall Alexis Gore |
About AFC Energy
Founded in 2006, AFC Energy plc is re-engineering proven alkaline fuel cell technology to reduce the cost of electricity. Alkaline fuel cells have been used on US and Russian manned space missions for decades to provide electrical power and drinking water. By using modern materials, design tools and manufacturing processes at scale, AFC Energy is developing fuel cells that will compete with conventional technologies such as turbines for electrical power generation. Today, AFC Energy is pursuing opportunities in several sectors where hydrogen is readily available including the chlorine, clean coal and waste-to-energy industries as well as applications for distributed/back-up power. For further information, please visit our website: www.afcenergy.com.
AFC Energy (AFC)