AFC Energy Plc Directorate Change (9766C)
January 26 2018 - 2:00AM
UK Regulatory
TIDMAFC
RNS Number : 9766C
AFC Energy Plc
26 January 2018
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014. Upon the
publication of this announcement via a Regulatory Information
Service ("RIS"), this inside information is now considered to be in
the public domain.
26 January 2018
AFC Energy PLC
("AFC Energy" or the "Company")
Directorate Changes
AFC Energy (AIM: AFC), the industrial fuel cell power company,
wishes to announce that Richard Tuffill, Chief Financial Officer
and Company Secretary, will be leaving the Company at the end of
March for personal reasons, after the completion of the Company's
audit process for the year ended 31 October 2017.
Richard has provided valuable support to AFC Energy since
joining and has strengthened the financial, reporting and internal
controls at the company with a continued strong emphasis on cash
preservation and governance. Richard will continue to support the
Company during its search for a replacement and to ensure a smooth
handover of responsibilities. A search has been initiated for a
successor, which we plan to have in place for when Richard
departs.
John Rennocks, Chairman of AFC Energy, said: "I would like to
thank Richard for his contribution to AFC Energy's progress and on
behalf of all the Board and management, wish him very well for the
future."
Richard Tuffill said: "I have thoroughly enjoyed working at AFC
Energy over the past 15 months. The Company has made significant
technical and commercial progress in recent months and I wish them
every success in the future."
AFC Energy plc
Adam Bond (Chief Executive Officer) +44 (0) 20 3697 1209
Cantor Fitzgerald Europe - Nominated Adviser and Joint Broker
Andrew Craig
Richard Salmond +44 (0) 20 7894 7000
M C Peat & Co LLP - Joint Broker
Charlie Peat +44 (0) 20 7104 2334
Lionsgate Communications - Public Relations
Jonathan Charles +44 (0) 20 3697 1209
About AFC Energy
AFC Energy plc has developed and successfully demonstrated an
alkaline fuel cell system, which converts hydrogen into "clean"
electricity. AFC Energy's key project POWER-UP demonstrated the
world's largest operational alkaline fuel cell system at Air
Products' industrial gas plant in Stade, Germany. The Company is
now looking to build upon an already established pipeline of
commercial opportunities and drive the findings from the
development phase of the technology into a technically optimised
and commercially relevant fuel cell system. 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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