£13.8m Accelerated Book Build Placing and Subscription (and Rex Retail Offer to raise up to £2 m) – AFC Energy

Peel Hunt acted as NOMAD, joint Corporate Broker and Joint Bookrunner on an accelerated book build conditional placing of 91,279,000 new ordinary shares in AFC Energy plc at a price of 15 pence per Placing share (which together with 666,666 new ordinary shares allocated to a separate direct Subscription with certain Directors) raised gross proceeds of c.£13.8 million, as announced on 11th June, 2024.

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