Business
Issue of Equity and Director Dealing
Issue of Equity and Director Dealing.
About this update from H-power Plc
[{"type":"text","content":"\n \nRNS Number : 1920O AFC Energy Plc 17 August 2017 \n\n17 August 2017\n \nAFC Energy PLC\n \n(\"AFC Energy\" or the \"Company\")\n \n \nIssue of Equity and Director Dealing \n \nAFC Energy (AIM: AFC), the industrial fuel cell power company, announces that application has been made for the issue of 350,000 ordinary shares of 0.1 pence each (\"Ordinary Shares\") to Mitchell Field, Non-Executive Director of the Company. \nThe Ordinary Shares are being issued pursuant to an exercise of warrants under the AFC Deed of Warrant 2009 at an exercise price of 3.13 pence per share. \nFollowing the issue of Ordinary Shares, Mitchell Field will hold an increased interest of 3,311,132 Ordinary Shares, representing approximately 0.85% of the issued share capital of the Company. \nThe 350,000 new Ordinary Shares will rank pari passu with the Company's existing ordinary share capital and application has been made to the London Stock Exchange for the Ordinary Shares to be admitted to trading which is expected to commence at 8.00 a.m. on 22 August 2017 (\"Admission\").\nFollowing Admission, the total issued share capital of the Company consists of 391,298,205 Ordinary Shares, none of which are held in treasury. Accordingly, following Admission, the total number of voting rights in the Company will be 391,298,205. This figure may be used by shareholders as the denominator by which they can determine if they are required to notify their interest in, or a change to their interest in the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.\nFor further information, please contact:\n\n\n\n\nAFC Energy plc\nAdam Bond (Chief Executive Officer)\n \n\n\n \n+44 (0) 20 3697 1209\n\n\n\n\nCantor Fitzgerald Europe - Nominated Adviser and Joint Broker\nAndrew Craig\nRichard Salmond \n \n\n\n \n+44 (0) 20 7894 7000\n\n\n\n\nM C Peat & Co LLP - Joint Broker\nCharlie Peat\n\n\n \n+44 (0) 20 7104 2334\n\n\n\n\n\n\n\n\n\n\n\n\nLionsgate Communications - Public Relations\nJonathan Charles\n \n\n\n \n+44 (0) 20 3697 1209\n\n\n\n\nAbout AFC Energy\n \nAFC Energy plc has dev...