11th Jun 2024 18:51
AFC Energy PLC - Cranleigh, England-based provider of hydrogen power generation technologies - Raises GBP13.8 million by way of an oversubscribed placing and a direct subscription with certain directors of the company at 15 pence per share. In addition, plans to raise further GBP2.0 million via retail offer at the same price. Directors Gary Bullard, Adam Bond, Peter Dixon-Clarke and Monika Biddulph subscribe for total GBP100,000 worth of shares.
Current stock price: 15.80 pence, down 18% in London on Tuesday
12-month change: down 2.4%
By Jeremy Cutler, Alliance News reporter
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