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Exercise of Options and Issue of Equity

28th Jan 2010 11:12

RNS Number : 2710G
AFC Energy Plc
28 January 2010
 

AFC Energy Plc

("AFC Energy" or the "Company")

Exercise of Options

AFC Energy (AIM: AFC) announces that application has been made for 840,000 new ordinary shares to be admitted to trading on AIM pursuant to the exercise of Options as follows: 

Name of Option Holder

No. of Options exercised

Exercise price

Alex Blake

420,000

10 pence

Amitava Roy

420,000

10 pence

The new ordinary shares will rank pari passu with the Company's existing ordinary shares and trading is expected to commence on 2 February 2010.

For further information please visit www.afcenergy.com or contact:

AFC Energy plc

Tim Yeo, Chairman

Ian Balchin, Chief Executive 

01483 276726 

Astaire Securities

Shane Gallwey 

020 7448 4400 

Allenby Capital

Imran Ahmad

020 3328 5656

Madano Partnership

Matthew Moth/Michael Evans 

020 7593 4000

This information is provided by RNS
The company news service from the London Stock Exchange
 
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