3rd Dec 2010 07:00
3 December 2010
Ceramic Fuel Cells Limited (the 'Company')
Director Shareholding
The Company announces that following shareholder approval at the annual general meeting on 24 November 2010, 674,000 ordinary shares of no par value were issued to Brendan Dow, Managing Director for nil consideration on 1 December 2010 under the CFCL Directors and Employee Benefits Plan. Half of the shares (337,000 shares) are subject to an escrow agreement under which the shares may not be sold or transferred until 20 June 2012.
Mr. Dow's total shareholding now comprises 674,000 ordinary shares representing 0.0% of the issued share capital.
Application has been made for the 674,000 shares to be admitted to trading on AIM. Admission is expected to occur on 8 December 2010.
Following the issue of shares to Mr. Dow, the company now has 1,201,353,566 ordinary shares in issue.
For further information please contact:
Ceramic Fuel Cells | |
Andrew Neilson | Tel: +61 419 950 771 |
Email: investor@cfcl.com.au | |
Nomura Code Securities (AIM Nomad) | Tel: +44 (0) 207 776 1200 |
Juliet Thompson, Chris Golden | www.nomuracode.com |
UK Media enquiries | Tel: +44 7747 602 739 |
Vicky Watkins, Ian Payne, Hogarth Partnership | |
About Ceramic Fuel Cells Limited:
Ceramic Fuel Cells Limited is a world leader in developing fuel cell technology to provide highly efficient and low-emission electricity from widely available natural gas. Ceramic Fuel Cells is developing fully integrated power and heating products with leading energy companies E.ON UK in the United Kingdom, GdF Suez in France and EWE in Germany. The company has also sold 55 BlueGen gas-to-electricity generators to major utilities and other foundation customers in Germany, the United Kingdom, Switzerland, The Netherlands, Japan, Australia and the USA. Ceramic Fuel Cells is listed on the London Stock Exchange AIM market and the Australian Securities Exchange (code CFU).
www.cfcl.com.au
Related Shares:
Ceramic Fuel Cells