AFC Energy Plc Issue of Equity (2341J)
April 02 2015 - 2:00AM
UK Regulatory
TIDMAFC
RNS Number : 2341J
AFC Energy Plc
02 April 2015
2 April 2015
AFC Energy PLC
("AFC Energy" or the "Company")
Exercise of Warrants and Total Voting Rights
AFC Energy (AIM: AFC) announces that application has been made
for 100,000 new ordinary shares of 0.1 pence to be admitted to
trading on AIM pursuant to the exercise of warrants (the "Warrant
Exercise"). The warrants have an exercise price per share of 3.13
pence.
The 100,000 new ordinary shares issued pursuant to the Warrant
Exercise will rank pari passu with the Company's existing ordinary
shares and admission to trading on AIM is expected to take place on
7 April 2015 ("Admission")
Total Voting Rights
Following Admission, the issued share capital of the Company
consists of 288,703,534 ordinary shares of 0.1 pence each, with one
voting right each. The Company does not hold any shares in
treasury.
Accordingly, the total voting rights in the Company is
288,703,534. This figure may be used by shareholders as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change to their
interest in, the share capital of the Company under the Disclosure
and Transparency Rules of the UK Financial Conduct Authority.
For further information, please contact:
For further information, please contact:
AFC Energy plc
Adam Bond (CEO) +44 (0) 20 3697 1209
Zeus Capital Limited - Nominated Adviser and Joint Broker
John Depasquale, John Treacy
Alex Davies, John Goold +44 (0) 20 7533 7727
M C Peat & Co LLP - Joint Broker
Charlie Peat +44 (0) 20 7104 2334
Lionsgate Communications - Public Relations
Jonathan Charles, Rachel Rigby +44 (0) 20 3697 1209
About AFC Energy
AFC Energy plc is fast approaching commercialisation for its
proven low-cost alkaline fuel cell system ("KORE"), which converts
hydrogen into 'clean' electricity. AFC's key project POWER-UP will
demonstrate the world's largest alkaline fuel cell system at Air
Products' industrial gas plant in Stade, Germany. The date for the
demonstration of the 240kW KORE system has been fast tracked to
December 2015, representing the final phase of AFC's
pre-commercialisation technical development programme and creating
the platform for the Company's global commercial fuel cell
deployment. For further information, please visit our website:
www.afcenergy.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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