Business
Grant of Options/ PDMR Dealing
Grant of Options/ PDMR Dealing.
About this update from H-power Plc
[{"type":"text","content":"\n \nRNS Number : 8616Y AFC Energy Plc 06 January 2020 \n\n6 January 2020\nAFC Energy plc\n(\"AFC Energy\" or \"the Company\")\nGrant of Options\nAFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, announces that the Remuneration Committee proposed the grant on December 31, 2019 and the Board ratified on January 6, 2020 the grant of options over 2,750,000 ordinary shares of 0.1 pence each to Graeme Lewis, Company Secretary.\nThe options are exercisable at a price of 16 pence, the market price on December 31, 2019, and will vest \n· 900,000 on December 31, 2020,\n· 900,000 on December 31, 2021, and\n· 950,000 on December 31, 2022.\nThe options will be exercisable between the vesting date and the tenth anniversary of the date of grant but are otherwise unconditional.\nThe information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.\n\n\n\n1 \n \n\n\nDetails of the person discharging managerial responsibilities / person closely associated \n \n\n\n\n\na) \n \n\n\nName\n \n \n\n\nGraeme Lewis\n\n\n\n\n2 \n \n\n\nReason for the notification \n \n\n\n\n\na) \n \n\n\nPosition/status \n \n \n\n\nFinance director and Company Secretary\n\n\n\n\nb) \n \n\n\nInitial notification /Amendment \n \n \n\n\nInitial Notification\n\n\n\n\n3 \n \n\n\nDetails of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor \n \n\n\n\n\na) \n \n\n\nName \n \n \n\n\nAFC Energy plc\n\n\n\n\nb) \n \n\n\nLEI \n \n \n\n\n213800SRJST19GNS9U35\n\n\n\n\n4 \n \n\n\nDetails 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 \n \n \n\n\n\n\na) \n \n\n\nDescription of the financial instrument, type of instrument \n\n\nOrdinary Shares of 0.1p each\n\n\n\n\n\n\n\n\n\n\n\n\nIdentification code \n\n\nGB00B18S7B29\n\n\n\n\n\n\n\n\n\n\n\n\nb) \n \n\n\nNature of the transaction \n \n\n\nGrant of options \n\n\n\n\nc) \n \n\n\nPrice(s) and volume(s) \n\n\n\n\n\n\n\n\...