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
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
Notification of Dealing Form:
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1 |
Details of the person discharging managerial responsibilities / person closely associate |
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|
a) |
Name |
Peter Dixon-Clarke |
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2 |
Reason for the notification |
|
|
a) |
Position/status |
Chief Financial Officer |
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b) |
Initial notification /Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
|
a) |
Name |
AFC Energy Plc |
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b) |
LEI |
213800SRJST19GNS9U35 |
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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 |
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|
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 |
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c) |
Price(s) and volume(s) |
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Price |
Volume |
|
18.80 pence |
500,000 |
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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 |
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