AFC Energy PLC has issued a notification regarding its existing block admission arrangements for certain employee share options. The company reported a balance of unallotted securities under its Employee Share Option Scheme, totaling 11,947,031 at the end of the period from 25 October 2023 to 24 April 2024. During this period, 900,000 securities were issued/allotted under the scheme. As of 25 April 2024, the company's issued and outstanding share capital stands at 747,416,307 ordinary shares, each with voting rights.
The company's contact person, Brendan Keane, can be reached at +44(0)1483 921064 for further information. AFC Energy's Nominated Adviser and Joint Broker is Peel Hunt LLP, while Zeus and RBC Capital Markets serve as Joint Brokers. FTI Consulting acts as the company's Financial PR Advisors.
AFC Energy PLC, led by Chief Executive Officer Adam Bond, is a provider of alkaline fuel cell systems. The company's technology is designed to efficiently convert hydrogen into electricity, offering a clean and sustainable energy solution.