AFC Energy ( (GB:AFC) ) has shared an update.
AFC Energy, a prominent player in the hydrogen power generation sector, announced that Elaine Sullivan, the spouse of Non-Executive Chairman Gary Bullard, has purchased 94,343 ordinary shares of the company at £0.06 each. This transaction increases Mr. Bullard’s total interest to 4,000,000 shares, representing 0.47% of the company’s issued share capital, reflecting confidence in the company’s strategic direction and potential growth in the hydrogen energy market.
More about AFC Energy
AFC Energy plc is a leading provider of hydrogen energy solutions, offering clean electricity for both on and off-grid applications. The company’s fuel cell technology is utilized in electric vehicle chargers, off-grid power systems, and temporary power solutions, with emerging opportunities in maritime, data centers, and rail. Additionally, AFC Energy’s ammonia cracking technology supports distributed hydrogen production, focusing on industries like mining, cement, and heavy engineering that face decarbonization challenges.
YTD Price Performance: -42.56%
Average Trading Volume: 2,696,019
Technical Sentiment Signal: Buy
Current Market Cap: £52.18M
For an in-depth examination of AFC stock, go to TipRanks’ Stock Analysis page.