RNS Number : 7882X
AFC Energy Plc
28 April 2023
 

AFC Energy Plc

28 April 2023

 

AFC Energy Plc

("AFC Energy" or the "Company")

Director / PDMR Grant of options

AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, has granted options over 500,000 ordinary shares of 0.1 pence each (the "Options") to Peter Dixon-Clarke, Chief Financial Officer of the Company as agreed at the time of his appointment. The Options are exercisable at 18.80 pence each, being the mid market closing price on 26 April 2023 and vest on the third anniversary of their award. There are no other vesting conditions attached to the Options.

Following this transaction Peter Dixon-Clarke has a total of 500,000 Options.

The Company has 735,351,171 Ordinary Shares in issue, none of which are held in treasury.

For further information, please contact:

AFC Energy plc

Adam Bond (Chief Executive Officer)

 

 

 

+44 (0) 14 8327 6726

investors@afcenergy.com

 

Peel Hunt LLP - Nominated Adviser and Joint Broker

Richard Crichton / Tom Ballard / Georgia Langoulant

 

 

+44 (0) 207 418 8900

 

Zeus - Joint Broker

David Foreman / James Hornigold (Investment Banking)

Dominic King (Corporate Broking) / Rupert Woolfenden (Sales)

 

+44 (0) 203 829 5000

 

 

FTI Consulting - Financial PR Advisors

Ben Brewerton / Nick Hennis / Dhruv Soni

+44 (0) 203 727 1000

afcenergy@fticonsulting.com

 

Notification of Dealing Form:

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associate

a)

 

Name

 

Peter Dixon-Clarke

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Financial Officer

 

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

 

Options for Ordinary Shares of 0.1 pence each

 

Identification code

ISIN: GB00B18S7B29



b)

 

Nature of the transaction

 

 

Grant of options

c)

 

Price(s) and volume(s)

 

Price

Volume

18.80 pence

500,000

 

d)

Aggregated Information

 

Volume

 

Price

 n/a - as in above (c)

e)

Date of transaction

27 April 2023

f)

Place of transaction

(i)         Outside a trading venue

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHIRMBTMTITTAJ