23 May 2008 07:00
23 May 2008
AFC Energy plc
("the Company")
Director shareholding
The Company was informed on 21 May 2008 that on 26 November 2007, Gerard Sauer, the chief executive of the Company, transferred 70,000 ordinary shares of 0.1 pence each (of his then holding of 1,600,000) in the Company ("Ordinary Shares") to an employee of the Company for nil consideration.
Following this transfer, Mr Sauer's holding both before and after the placing of new ordinary shares announced on 21 May 2008 is as follows:
| Holding before share issue | % of total | Holding after share issue | % of total |
| 1,530,000 | 1.74% | 1,757,272 | 1.38% |
| AFC Energy plc Gerard Sauer, Chief Executive | 01483 276726 |
| Blue Oar Securities Shane Gallwey / Andrew Raca / Jerry Keen | 020 7448 4400 |
| Madano Partnership Mark Way / Graham Moonie | 020 7593 4000 |
AFC Energy (AFC)