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AFC Energy PLC - Cranleigh, England-based provider of hydrogen power generation technologies - Raises £13.8 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 £2.0 million via retail offer at the same price. Directors Gary Bullard, Adam Bond, Peter Dixon-Clarke and Monika Biddulph subscribe for total £100,000 worth of shares. Current stock price: 15.80 pence, down 18% in London on Tuesday 12-month change: down 2.4% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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