공시 • May 20
H-Power plc to Report First Half, 2026 Results on Jun 10, 2026 H-Power plc announced that they will report first half, 2026 results on Jun 10, 2026 공시 • Mar 23
AFC Energy plc, Annual General Meeting, Apr 16, 2026 AFC Energy plc, Annual General Meeting, Apr 16, 2026. Location: the napier suite, brooklands hotel, brooklands drive, weybridge, surrey kt13 0sl, United Kingdom 공시 • Feb 18
UK Environmental Agency Allows AFC to Sell Hydrogen Produced by Cracker AFC Energy announced the agreement by the UK Environment Agency to revise AFC Energy's Research and Development permit for the export and sale of low carbon hydrogen produced from the Company's pilot ammonia cracking plant to hydrogen off-takers. This accelerates revenue generation by AFC Energy from low carbon hydrogen production by a number of months. This revision, agreed by the Environment Agency, evidences the significant progress AFC Energy has made in producing ISO 14687 grade D (99.97% pure hydrogen) in volume and the robustness of internal safety protocols and procedures. It also provides further flexibility in the timing of the relocation of the Dunsfold pilot cracking plant as the training of operatives in a live environment can now be conducted at Dunsfold. AFC Energy continues to work with its Joint Venture ("JV") partner, Industrial Chemicals Group Ltd. (ICL), to establish hydrogen production, through multiple Hy-5 ammonia cracker units from AFC Energy (each capable of producing up to 500kg of hydrogen per day), at ICL's facility in Port Clarence, Middlesborough. The JV is engaged with the UK Environment Agency at both local and central levels to create a framework for future deployments, across the UK, of AFC Energy's future Hy-5 units through accelerated permitting. The pilot ammonia cracker site at Dunsfold is capable of producing up to 300kg of hydrogen per day in its current configuration. 공시 • Jan 21
AFC Energy plc Announces Operational Update AFC Energy Plc announced the completion of the first build of new generation LC30 30kW liquid-cooled fuel cell generator (the "LC30 Generator") which is now undergoing operational testing and producing power in accordance with its design specification. In order to drive market adoption and support AFC Energy's volume growth plans, the LC30 Generator benefits from significant advantages compared to the previous, air-cooled model, including: The manufacturing cost is c.85% lower. Substantially smaller footprint, enabling deployments in locations in which space is at a premium, with a greater than 50% mass reduction and 45% reduced volume. The LC30 Generator is up to 20% more efficient and consists of 95% fewer components. With an increased operating range from -20degC to +50degC (compared with -5degC to +40degC for the previous generator) it is suitable for deployment globally across all populated continents. The LC30 Generator is also designed to accommodate a 100kW fuel cell in the same chassis, where customer requirements demand a larger power output, and will progress to certification and pre-production, supported by manufacturing partner, Volex plc. 공시 • Jan 20
AFC Energy plc to Report Fiscal Year 2025 Results on Feb 25, 2026 AFC Energy plc announced that they will report fiscal year 2025 results at 8:00 AM, GMT Standard Time on Feb 25, 2026 공시 • Sep 17
AFC Energy plc Announces the Appointment of Nick Walker as Chief Strategy Officer Effective 15 September 2025 AFC Energy plc announced the appointment of Nick Walker as Chief Strategy Officer with immediate effect. Nick is a seasoned hydrogen, cleantech and energy transition technology and infrastructure specialist with over 25 years of experience as an analyst, investment banker, fund raiser and consultant, with a particular focus on hydrogen companies across the hydrogen value chain, globally. He has previously held senior investment research and/or corporate finance positions, at Liberum Capital, Evolution Securities, and Beeson Gregory, and was until recently Head of Renewable Energy, Clean Tech & Sustainability Research at Peel Hunt. Nick will lead the development and execution of AFC Energy's commercialisation strategy as the Company advances its next generation of ammonia cracker and fuel cell technologies into global markets. He will be responsible for enhancing AFC Energy's commercial partnerships, driving long-term growth opportunities, and ensuring the alignment of strategic objectives with operational delivery. In addition, he will oversee stakeholder engagement and investor relations, working closely with the investment community and industry partners to strengthen AFC Energy's profile and ensure effective communication of the Company's progress and outlook. 공시 • Jul 23
AFC Energy plc has completed a Follow-on Equity Offering in the amount of £4.472925 million. AFC Energy plc has completed a Follow-on Equity Offering in the amount of £4.472925 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 44,729,253
Price\Range: £0.1 공시 • Jul 17
AFC Energy plc has filed a Follow-on Equity Offering in the amount of £5 million. AFC Energy plc has filed a Follow-on Equity Offering in the amount of £5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 50,000,000
Price\Range: £0.1 공시 • Mar 28
AFC Energy plc, Annual General Meeting, Apr 23, 2025 AFC Energy plc, Annual General Meeting, Apr 23, 2025. Location: the napier suite, brooklands hotel, brooklands drive, surrey kt13 0sl, weybridge United Kingdom 공시 • Mar 19
AFC Energy plc Announces the Launch of Hy-5 Through Its Hyamtec Brand AFC Energy announced the launch of "Hy-5" through its Hyamtec brand, the world's first containerised, portable, cracking module capable of producing up to 500kg/day for delivery from 2026. Hy-5 will be offered as a "plug and play" under a "fuel as a service" (FaaS), with the headline cost of hydrogen, on-site, charged at PS10/kg. This is substantially below prevailing market rates including those attracting government subsidies. Hy-5 will provide hydrogen purity >99.9% to ISO14687 grade D with <0.1% ppm of ammonia in the feed stream, making this compatible with AFC Energy S and S+ series hydrogen fuel cell generators, with a power consumption <9.5kWh/kg. This provides market opportunities across multiple verticals: H2 fuel for off-grid power (e.g. fuel cell generators); H2 refuelling stations for fuel cell/H2 combustion engine buses, trucks, vans; H2 refuelling for construction equipment (e.g. excavators and mining trucks); Off-grid EV charging (with a fuel cell generator); Industrial burners (for heat used in industrial applications); Industrial manufacturing facilities (e.g. refining, steel, cement, ceramics, glass, chemicals production, e-fuels production); and H2 supply for hydrogen fuel logistics companies. Ammonia is currently used and transported at scale around the world, providing Hy-5 with global opportunities. Hy-5 (together with ammonia supply vessels) provides a highly compact, self-contained footprint for hydrogen generation. It does not require a grid supply or renewable energy power source (e.g. a wind farm/solar farm) as is required for supply of energy to electrolysers which, if built from scratch, would likely require land, planning consent, grid connection, additional environmental permits, potentially requiring material capex and relatively lengthy timescales (e.g. lead-time on consents and permitting, equipment supply, construction and commissioning, dependent on the scope of the project). 공시 • Mar 07
AFC Energy plc to Report Q4, 2024 Results on Mar 19, 2025 AFC Energy plc announced that they will report Q4, 2024 results at 8:00 AM, GMT Standard Time on Mar 19, 2025 공시 • Jan 08
AFC Energy plc Appoints John Wilson as its Executive Director AFC Energy plc announced appointment of John Wilson as its Executive Director, effective, 6 January 2025. Recent Insider Transactions • Nov 06
Interim CEO & Executive Chairman recently bought €54k worth of stock On the 4th of November, Gary Bullard bought around 500k shares on-market at roughly €0.11 per share. This transaction amounted to 65% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Gary's only on-market trade for the last 12 months. New Risk • Oct 10
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €86.6m (US$94.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m (UK£434k revenue, or US$567k). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (UK£17m net loss in 3 years). Share price has been volatile over the past 3 months (8.2% average weekly change). Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (€86.6m market cap, or US$94.6m). 공시 • Sep 18
AFC Energy plc Appoints Mike Rendall as Managing Director for Hyamtec Limited AFC Energy plc appointed Dr. Mike Rendall as Managing Director for its subsidary, Hyamtec Limited. Dr. Mike Rendall, currently Chief Technology Officer of AFC Energy's Hydrogen Processing Division, will lead Hyamtec as Managing Director, bringing over 25 years of experience in hydrogen generation technologies. 공시 • Sep 05
AFC Energy plc Announces Chief Executive Office Changes AFC Energy plc announced the appointment of John Wilson as the new Chief Executive Officer, effective 6th January 2025, succeeding Adam Bond, whose decision to step down was previously announced. John brings a wealth of experience in leading technology-driven businesses through significant growth and transformation, making him exceptionally well-suited to guide AFC Energy as it enters a new phase of its development and commercial scale up. John will join AFC Energy from Bulgin Ltd, a private equity-backed connectivity solutions developer, where he has held the position of CEO since leading a successful management buyout in 2019. Prior to this, John was CEO of Elektron Technology Plc for nearly a decade, where he significantly enhanced shareholder value through strategic growth initiatives and the commercialisation of complex technologies. His early career was spent in engineering and technology consulting roles, where he specialised in bringing complex and emerging technologies to market in both the UK and North America. John's appointment comes at a pivotal time for AFC Energy as the company embark on next chapter of growth, capitalising on Adam's work to date, focusing on scaling up manufacturing capabilities and developing the value in ammonia cracker technology. His proven track record in driving strategic initiatives and delivering shareholder value will be instrumental in steering AFC Energy towards continued success. To ensure a smooth transition, Gary Bullard, Chairman of AFC Energy, will take on the role of CEO on an interim basis, effective immediately, to support the transition until John assumes his position on 6thJanuary 2025. Adam Bond has resigned as a director of the Company with effect 5th September 2024, but shall remain available to support the transition. Buy Or Sell Opportunity • Aug 15
Now 24% overvalued Over the last 90 days, the stock has fallen 29% to €0.17. The fair value is estimated to be €0.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.3% over the last 3 years. Earnings per share has declined by 27%. For the next 3 years, revenue is forecast to grow by 67% per annum. Earnings are also forecast to grow by 6.3% per annum over the same time period. 공시 • Aug 02
ACCIONA's First 45kVA H-Power Generator AFC Energy announced the successful Factory Acceptance Test and validation of its first 45kVA H-Power Generator. The H-Power Generator left AFC Energy's offices this week and is scheduled to arrive shortly for deployment at an ACCIONA construction site in Madrid, Spain, Comprising AFC Energy's latest generation 30kW S Series fuel cell generator plus a harmonized 60kWh battery storage unit ("BSU"), the first generator system is to be leased to ACCIONA to support the decarbonisation of construction activities with an option to purchase at the conclusion of the lease. Reported Earnings • Jul 25
First half 2024 earnings released: UK£0.011 loss per share (vs UK£0.008 loss in 1H 2023) First half 2024 results: UK£0.011 loss per share (further deteriorated from UK£0.008 loss in 1H 2023). Net loss: UK£8.32m (loss widened 33% from 1H 2023). Revenue is forecast to grow 67% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has fallen by 34% per year, which means it is performing significantly worse than earnings. Buy Or Sell Opportunity • Jul 01 Over the last 90 days, the stock has risen 1.1% to €0.20. Revenue has grown by 25% over the last 3 years. Earnings per share has declined by 34%. For the next 3 years, revenue is forecast to grow by 57% per annum. Earnings are also forecast to grow by 4.1% per annum over the same time period.
Buy Or Sell Opportunity • Jun 27
Now 20% undervalued Over the last 90 days, the stock has risen 1.3% to €0.20. The fair value is estimated to be €0.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has declined by 34%. For the next 3 years, revenue is forecast to grow by 46% per annum. Earnings are also forecast to grow by 3.0% per annum over the same time period. 공시 • Jun 26
AFC Energy Announces Ammonia Cracker Integration Improves Engine Combustion Performance AFC Energy announced that presenting the opening keynote speech at MariNH3's 2024 Conference. The presentation will highlight the positive results achieved to date through adoption of AFC Energy's novel ammonia cracker technology to improve the combustion and emissions of future ammonia fuelled maritime engines. Highlights: AFC Energy has successfully operated its ammonia cracker reactor technology alongside a MAHLE Powertrain combustion test engine fuelled principally by ammonia. The ammonia cracker provided a pilot fuel, operating in a ratio of 80:20 (ammonia: cracked gas) that delivered improved operating performance when compared to ammonia combustion alone. The Cracker was able to generate hydrogen on-demand and co-blend with additional ammonia to make a resulting flammable fuel gas stream that was fed into the engine injection system. The compact fast-start Cracker dynamically supported the fuelling needs of the test engine and achieved stable performance on the first trials. Enhanced burn characteristics from the cracked gas blend (75% Hydrogen:25% Nitrogen) are designed to improve engine performance evidenced by stable operation and increased efficiency (reduced fuel consumption) with reduced (zero carbon) pollutant emissions. Success in cracker integration with ammonia engines means maritime propulsion can be achieved with a single ammonia fuel without the need for dual (fossil) fuels as is currently the case in several ammonia combustion engine developments. The "Enhanced Ammonia Cracking to Improve Engine Combustion and Emissions" ("ENTICE") project is led by AFC Energy with partners including MAHLE Powertrain, Nottingham University and Clean Air Power (funded by InnovateUK). In addition to maritime applications, AFC Energy is also assessing applications with partners for ammonia combustion engine and cracker integration across land based hydrogen production and in the fuelling of large off-road machinery such as that used in the mining industry. The ENTICE project is scheduled to continue until March 2025 enabling further system integration with larger multiple cylinder engines for testing across a range of operational parameters. 공시 • Jun 20
AFC Energy plc Delivers Its Highest Power Rated 200Kw H-Power Generator AFC Energy plc announce it has successfully delivered its highest power rated 200kW H-Power Generator to date, utilising its latest generation S+ Series liquid cooled fuel cell technology, marking an important landmark for the Company. Buy Or Sell Opportunity • Jun 17
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 17% to €0.20. The fair value is estimated to be €0.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has declined by 34%. For the next 3 years, revenue is forecast to grow by 46% per annum. Earnings are also forecast to grow by 3.0% per annum over the same time period. New Risk • Jun 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 10% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue is less than US$1m (UK£227k revenue, or US$289k). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (UK£19m net loss in 3 years). Shareholders have been diluted in the past year (10% increase in shares outstanding). New Risk • Apr 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Revenue is less than US$1m (UK£227k revenue, or US$287k). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (UK£18m net loss in 3 years). 공시 • Mar 29
AFC Energy plc, Annual General Meeting, Apr 25, 2024 AFC Energy plc, Annual General Meeting, Apr 25, 2024, at 09:30 Coordinated Universal Time. Location: Napier Suite. Brooklands Hotel, Brooklands Drive Weybridge Surrey United Kingdom Reported Earnings • Mar 26
Full year 2023 earnings released: UK£0.024 loss per share (vs UK£0.022 loss in FY 2022) Full year 2023 results: UK£0.024 loss per share (further deteriorated from UK£0.022 loss in FY 2022). Net loss: UK£17.5m (loss widened 6.3% from FY 2022). Revenue is forecast to grow 47% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 34% per year whereas the company’s share price has fallen by 33% per year. 공시 • Nov 19
AFC Energy plc (AIM:AFC) signed an agreement to acquire UK Mobile Hydrogen Storage and Distribution Assets from Octopus Hydrogen. AFC Energy plc (AIM:AFC) signed an agreement to acquire UK Mobile Hydrogen Storage and Distribution Assets from Octopus Hydrogen on November 17, 2023. 공시 • Oct 24
AFC Energy plc Announces the Latest Milestone in the Accelerated Development of Its Modular, Scalable Ammonia Cracker Technology AFC Energy plc announced the latest milestone in the accelerated development of its modular, scalable ammonia cracker technology. Highlights: AFC Energy's next generation ammonia cracker technology successfully achieves 99.99% hydrogen from single reactor testing; Results independently tested by the UK's National Physical Laboratory ("NPL"); Testing confirmed ammonia levels in hydrogen stream were materially less than the limits required to meetISO 14687:2019 standards for vehicular and stationary fuel cells; Results highlight the ability of AFC Energy's new ammonia cracking technology to deliver fuel cell grade hydrogen on a modular, scalable basis; Ammonia cracker technology complimentary to AFC Energy's growing H-Power fuel cell generator offering. AFC Energy's ammonia cracker enables ammonia, a compound of hydrogen and nitrogen (NH3), to be "cracked" into discreet hydrogen and nitrogen molecules. The hydrogen can then be consumed as a fuel in fuel cells or combustion with the nitrogen emitted to atmosphere (which comprises c. 78% nitrogen) with zero carbon emissions. However, the presence in the hydrogen of uncracked trace ammonia has the potential to damage fuel cells. In 2019, the International Organisation for Standardisation ("ISO") publishedISO 14687:2019 which governs the international standard forminimum quality characteristics of hydrogen as a fuel for utilisation in vehicular and stationary fuel cell applications and which stipulated the maximum level of residual ammonia permitted. It is therefore an important achievement that AFC Energy's ammonia cracker reactor has been able to meet the ISO standard for residual ammonia ("parts per billion" or "PPB") in hydrogen fuel. Ammonia is forecast to play a growing role in delivering on decarbonisation targets for industry and maritime due to its high energy density (relative to hydrogen gas) and potential to displace conventional fossil fuels and carbon emissions. Ammonia is also seen as an enabler to the international trade of hydrogen where hydrogen is transported by ship in the form of ammonia, and cracked back into hydrogen at its target import destination. Test Details: The UK's NPL was engaged to independently analyse the composition of hydrogen gas derived from AFC Energy's new ammonia cracking reactor and downstream purification technology. NPL's analysis was conducted on the basis of individual ammonia cracker reactors. NPL's analysis confirmed the hydrogen derived from AFC Energy's cracker and purifier successfully achieved the ammonia PPB standard for fuel cell grade hydrogen, a key milestone in demonstrating the technology's potential to support the growing "ammonia to power" market in stationary and maritime applications. Board Change • Aug 02
Less than half of directors are independent Following Non-Executive Director Duncan Neale's arrival on 01 August 2023, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Monika Biddulph was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 02
First half 2023 earnings released: UK£0.008 loss per share (vs UK£0.011 loss in 1H 2022) First half 2023 results: UK£0.008 loss per share (improved from UK£0.011 loss in 1H 2022). Net loss: UK£6.25m (loss narrowed 20% from 1H 2022). Revenue is forecast to grow 64% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. 공시 • Jul 28
AFC Energy plc Announces Board Changes AFC Energy announced the appointment of Duncan Neale to the board as Non-Executive Director and Chair of the Audit Committee effective 1 August 2023. Mr. Neale is an experienced Non-Executive Director with a strong emphasis on the energy sector with current Board positions held with Gresham House Energy Storge Fund plc and Atrato Onsite Energy plc He has held numerous senior finance roles over 20 years, including Chief Financial Officer for listed and private companies with an audit, corporate finance, fundraising and M&A background. Duncan is a Fellow of the Institute of Chartered Accountants in England and Wales. Duncan replaces Joe Mangion who steps down from the Board on 31 July 2023. New Risk • Jul 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 9.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.9% average weekly change). Revenue is less than US$1m (UK£582k revenue, or US$752k). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (UK£18m net loss in 3 years). 공시 • Jun 06
Afc Energy plc Announces Board Changes AFC Energy announced that Jim Gibson has indicated his intention to step down from his role as Executive Director from 9 June 2023, and as Chief Operating Officer at the conclusion of his contractual notice period. Jim has been a strong and loyal supporter of the Company since joining initially as a contractor in 2016. Since this time, Jim has worked as a member of the Executive Management Team supporting the Company's technology and market based repositioning to a focused disruption of the diesel generator market. 공시 • May 11
AFC Energy plc Announces Intention of Joe Mangion to Retire as Non-Executive Director and Chair of the Audit Committee AFC Energy announced that Joe Mangion has indicated his intention to retire from his role as Non-Executive Director and Chair of the Company's Audit Committee. Joe will continue in this role until a suitable replacement is found. As part of a succession plan already agreed by the Board, the Company's Nomination Committee is currently in discussion with potential candidates to replace Mr. Mangion and an appointment of a new Audit Committee Chair will be made in due course. Reported Earnings • Apr 23
Full year 2022 earnings released: UK£0.022 loss per share (vs UK£0.013 loss in FY 2021) Full year 2022 results: UK£0.022 loss per share (further deteriorated from UK£0.013 loss in FY 2021). Net loss: UK£16.4m (loss widened 75% from FY 2021). Revenue is forecast to grow 55% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. 공시 • Nov 24
AFC Energy Announces Details of the Latest in A Series of Field Trials of the H-Power Tower on UK and European Construction Sites AFC Energy announced details of the latest in a series of field trials of the H-Power Tower on UK and European construction sites. Mace Dragados Joint Venture, the construction team building HS2's new Euston station, is primarily trialling the hydrogen fuel cell to charge a fully electric JCB telehandler. It is also being used to charge lighting towers and a water pump on site. The H-Power Tower is an entirely emission free solution, reducing noise and capacity requirements from mains power. This is the latest in a series of construction deployments for AFC Energy's H-Power Tower and also follows the recent successful field trial in Spain of the Company's first prototype Methanol Fuel Tower. Charging electric construction machinery with zero-emission solutions at point of use provides a real step forward in decarbonising the activities of construction activities where mains supply is not possible. HS2, Europe's construction project, has continually challenged its contractors to find new, innovative methods of construction and power supply that will result in lower emissions, be greener, and more environmentally friendly. This is just one of the many ways HS2 is reducing carbon emissions and air pollution typically projected in construction and accelerating HS2 sites to be diesel free by 2029. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Non-Executive Director Gerry Agnew was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Nov 07
AFC Energy Provides Methanol Fuel Tower Field Trial AFC Energy provided an update on the development of its "flex fuel" methanol development and methanol Fuel Tower concept line. Successful field trial of first prototype Methanol Fuel Tower with ACCIONA in Spain. The short field trial saw the Methanol Fuel Tower successfully generate on-site hydrogen from methanol. Hydrogen generated from the methanol Fuel Tower fuelled AFC Energy's Power Tower, powering ACCIONA's site compound at Alcalá del Valle. AFC Energy's new methanol Fuel Tower operated for over 100 continuous hours alongside fuel cell platforms before shipment to Spain. Methanol and Ammonia are now recognized as important hydrogen carrier fuels that support the decarbonisation of hard to abate industries. The on-site liberation of hydrogen from carrier fuels provides the basis for the accelerated adoption of AFC Energy fuel cells and the generation of sustainable off grid power in locations where hydrogen is uneconomic to transport or store. Following several months of development work, AFC Energy is now pleased to announce the successful field trial of its first prototype methanol Fuel Tower, generating on-site hydrogen from methanol. The Fuel Tower consists of methanol handling systems, fuel reformation and purification technologies, control and safety electronics with discreet intellectual property developed across several of these areas. The field trial was conducted in Spain in collaboration with and at the request of one of AFC Energy's construction partners, ACCIONA. During the trial, the methanol Fuel Tower provided hydrogen to fuel cell modules within the AFC Energy Power Tower that has been successfully operating to displace diesel generators at the construction site's compound since August 2022. The methanol Fuel Tower concept has already operated for over 100 continuous hours fueling AFC Energy's fuel cell platforms. These initial tests were undertaken at AFC Energy's UK technical centre. The concept is aligned with AFC Energy's Flex Fuel approach to meeting industry's need for low cost, on site hydrogen production across construction, temporary power, backup power and maritime sectors.The Company is now engaging with industry to validate the product concept as part of AFC Energy's wider Flex Fuel strategy. 공시 • Sep 29
AFC Energy plc Appoints Peter Dixon-Clarke as Chief Financial Officer AFC Energy announced its intention to appoint Peter Dixon-Clarke to the board as Chief Finance Officer. A further announcement will be made at such time as his appointment becomes effective. Mr. Dixon-Clarke brings 30 years' experience in senior finance roles, largely in the energy or financial services sectors. Peter has been involved in equity fund raising (private and public), debt financing and refinancing, strategic roles and reorganising financial teams and systems. Prior to joining, Peter was Chief Financial Officer at AIM listed vanadium flow battery company Invinity Energy Systems and previously had leadership roles with Hotspur Geothermal Limited and Rockhopper Exploration plc. Peter is a member of the Institute of Chartered Accountants in England and Wales. 공시 • Jul 02
AFC Energy PLC Announces Resignation of Graeme Lewis as Chief Financial Officer AFC Energy PLC announced the resignation of Chief Financial Officer, Graeme Lewis in April 2023. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Non-Executive Director Gerry Agnew was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Apr 07
AFC Energy Announces the Launch of Its New Hydrogen Fueled "Power Tower EV" Integrating for the First Time ABB's AC Charging Solution AFC Energy announced the launch of its new Hydrogen fueled "Power Tower EV" integrating for the first time ABB's AC charging solution. The "Power Tower EV" is a specially designed variant to the Power Tower launched in March 2022 for destination electric vehicle charging. Building on the energy dense, highly efficient Power Tower off-grid power solution, the EV variant model fully integrates for the first time an ABB Terra AC charger solution for reliable vehicle charging capability. Engineered by AFC Energy's design team, the Power Tower EV can provide permanent or temporary installations with clean power where grid-based EV charging infrastructure is unavailable. Further builds on the partnership between AFC Energy and ABB across e-mobility applications. The product will be available for viewing alongside the Power Tower at this morning's AGM. The global vehicle market is in the early stages of an aggressive transition towards electrification. In the UK alone, Government policy demands all new vehicles will need to be electric by 2030. This policy agenda continues to highlight the challenge drivers face in vehicle charging, with underinvestment to date in both destination public charge points and in constrained grid capacity. The Power Tower EV seeks to address a number of these challenges with a sustainable EV charging solution which can be installed on a temporary or permanent basis where grid connectivity is not viable. EV charging at weekend festivals, sporting events, concerts or simply to address temporary influxes of electric vehicles at construction sites or hotels are examples of use cases for the Power Tower EV. The EV variant to the Power Tower will also be capable of operating on Hydrogen fuel or Methanol, the later requiring a methanol reformer which AFC Energy is able to provide on a fully integrated basis later this year. The first Power Tower EV will be on display at the Company's Annual General Meeting this morning alongside the Power Tower launched last month. Executive Departure • Apr 24
Independent Non-Executive Chairman John Rennocks has left the company On the 14th of April, John Rennocks' tenure as Independent Non-Executive Chairman ended after 3.9 years in the role. As of December 2020, John personally held 114.04k shares (€107k worth at the time). John is the only executive to leave the company over the last 12 months. 공시 • Mar 19
AFC Energy plc, Annual General Meeting, Apr 14, 2021 AFC Energy plc, Annual General Meeting, Apr 14, 2021, at 11:00 Coordinated Universal Time. Location: Unit 71.4 Dunsfold Park, Stovolds Hill Cranleigh, Surrey, GU6 8TB Cranleigh Surrey United Kingdom 공시 • Mar 01
AFC Energy Announces Retirement of John Rennocks as Non-Executive Chairman AFC Energy announced that John Rennocks has indicated his intention to retire from his role as the Non-Executive Chairman of AFC Energy, and to step down from the Board, following the company's forthcoming Annual General Meeting (AGM). 공시 • Feb 22
AFC Energy plc to Report Fiscal Year 2020 Results on Mar 01, 2021 AFC Energy plc announced that they will report fiscal year 2020 results on Mar 01, 2021 공시 • Feb 08
AFC Energy plc Appoints Michael Rendall as Its New Chief Engineer and Product Officer, Effective from March 1, 2021 AFC Energy plc announced the appointment of Dr. Michael Rendall as its new Chief Engineer and Product Officer, effective from March 1, 2021. Dr. Rendall joins AFC Energy from Dyson Technology Ltd. where he was Head of Engineering and Industrialisation for Dyson's Energy Storage team where he was leading on several battery and energy storage programmes. Prior to Dyson, Dr. Rendall held the position of Chief Technology Officer at Diverse Energy which prototyped the conversion of Ammonia into electricity using novel gas reforming technology and fuel cells into a self-contained power source marketed as the Power Cube. 공시 • Jan 29
AFC Energy plc to Unveil New, Zero Emission Power Generator to Be Featured in the Inaugural Extreme E Electric SUV Racing Series That Begins in April 2021 AFC Energy is pleased to unveil its new, zero emission power generator to be featured in the inaugural Extreme E electric SUV racing series that begins in April 2021. Today, Extreme E and AFC Energy unveil the Hydrogen fuel cell power system that will be used to sustainably charge the Championship's ODYSSEY 21 electric SUVs in its inaugural season of racing. The AFC Energy designed and built system will highlight to Extreme E's global audience the vast potential for today's newest clean power technologies to displace polluting diesel generators, to which a large quantity of worldwide greenhouse gas emissions can be attributed. Engineered to withstand some of the world's harshest environmental conditions, AFC Energy's specially modified fuel cell system will power vehicles across five continents in Extreme E's first season, including race locations in the Arctic, Amazon Rainforest, Sahara Desert and the heights of Tierra del Fuego in Argentina. Following six months of collaborative engineering with Extreme E's utilities team, the fuel cell system has undergone a month of intensive commissioning in January at AFC Energy's Surrey assembly facility, alongside battery management systems and vehicle charging infrastructure testing. Following inspection by its Engineering team, it is now set for handover to Extreme E's logistics team for shipping to the Season's first race in Saudi Arabia. Race organisers and teams, including teams run by current Formula 1 World Champion Lewis Hamilton (X44), former Champions Nico Rosberg (Rosberg Xtreme Racing) and Jenson Button (JBXE), alongside high profile well-established teams including Andretti United and Chip Ganassi Racing, will charge their ODYSSEY 21 vehicles using electricity generated by AFC Energy's fuel cell power system. This in turn will inspire people, companies, and governments to consider how clean power generation, such as that found in fuel cell technology, can be utilised to urgently respond to the challenges brought on by climate change. With broadcast deals in place with Sky and BBC (UK), Discovery (Europe), Fox Sports (US, Canada and the Caribbean) and a host of others, the series will have an estimated global TV audience of over 200 million people to highlight the environmental challenge and to showcase the technology used by the series. AFC Energy will now move to the integration and delivery of Extreme E's upstream green hydrogen fuelling solution which will be delivered to the championship over the forthcoming months. The system will be transported for shipping via the St. Helena, ahead of its first race, the Desert X-Prix in AlUla, Saudi Arabia, on the 3rd and 4th of April. A small number of AFC Energy staff will travel to the first race in early April to monitor and maintain the performance of the H-Power system over the race weekend. The system will then subsequently be deployed to its four other races across the remainder of the year, including Dakar, Senegal (29-30 May), Kangerlussuaq, Greenland (28-29 August), Santorem, Brazil (23-24 October) and Tierra del Fuego, Argentina (11-12 December). 공시 • Jan 14
Afc Energy plc Announces Strategic Collaboration with Ricardo plc to Develop Global Applications for Hydrogen Power Generation AFC Energy plc announced the signing of the Company's first strategic engineering collaboration agreement with Ricardo plc. The agreement will focus on the joint creation of hydrogen fuel cell products and service offerings, with an initial focus on three key areas: marine, rail and stationary power generation. The collaboration will develop products and services that will directly support global efforts to decarbonise transport, energy and critical national infrastructure. Is New 90 Day High Low • Dec 24
New 90-day high: €0.72 The company is up 303% from its price of €0.18 on 25 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share. Is New 90 Day High Low • Dec 09
New 90-day high: €0.43 The company is up 103% from its price of €0.21 on 10 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share. 공시 • Nov 30
AFC Energy plc Appoints Iain Thomson as Its New Head of Communications & Stakeholder Management, Effective from 4 January 2021 AFC Energy plc announced the appointment of Iain Thomson as its new Head of Communications & Stakeholder Management, effective from 4 January 2021. This newly created role will see Mr. Thomson take on the day-to-day responsibility for the company's Communications & Investor Relations programme. In addition, he will work with key central and regional government bodies across the UK in support of AFC Energy's stakeholder management, particularly in the context of the Prime Minister's recently announced 10 Point Plan which heavily focuses on the role of Hydrogen and EV charging in the UK's plan for a Green Industrial Revolution. Mr. Thomson joins AFC Energy from Harworth Group plc. Is New 90 Day High Low • Nov 16
New 90-day high: €0.24 The company is up 6.0% from its price of €0.23 on 18 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electrical industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share. 공시 • Jul 07
AFC Energy plc has completed a Follow-on Equity Offering in the amount of £31.6 million. AFC Energy plc has completed a Follow-on Equity Offering in the amount of £31.6 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 197,500,000
Price\Range: £0.16
Transaction Features: Subsequent Direct Listing