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CMF Cmr Fuel

15.00
0.00 (0.00%)
06 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Cmr Fuel LSE:CMF London Ordinary Share GB00B0MKQ219 ORD 0.6P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 15.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Director/PDMR Shareholding

22/08/2008 1:48pm

UK Regulatory


    Immediate Release: Friday 22 August 2008

                              CMR Fuel Cells Plc                               

                                (the `Company')                                

                          Director/PDMR Shareholding                           

CMR Fuel Cells plc, the specialist developer of high power density fuel cell
stacks for portable electronics applications, has been informed that, on 21
August 2008, Tim Curtis, Non-executive Chairman acquired 30,000 ordinary shares
of 10p each in the Company at a price of 15.5p per share. As a result, Tim
Curtis is now interested in 50,000 ordinary shares of 10p each in the Company,
representing 0.25% of the total voting rights.

                                    -Ends-                                     

Further Information:

John Halfpenny, CEO

CMR Fuel Cells plc

01223 875 544

Vikki Krause

Hansard Group

020 7245 1100

www.hansardgroup.co.uk

Michael Ansell

Investec Investment Banking

020 7597 5970

About CMR Fuel Cells plc

CMR Fuel Cells plc is a high growth, UK AIM-listed developer of fuel cell
`stacks' and systems for portable and small stationary power generation
applications. The Company is targeting the consumer electronics industry where
there is growing demand for new power solutions which are smaller and longer
running than today's Lithium batteries.

This demand is being driven by the increasing power requirements of portable
electronics devices which have outgrown incremental improvements in the
performances of traditional batteries. As a result, consumer frustration with
short 'run-time', `return to mains' recharging and questionable battery safety
is compelling the electronics industry to develop and deploy suitable
alternatives for power delivery.

Direct Methanol Fuel Cell (`DMFC') power systems can deliver longer electrical
equipment run-times than conventional batteries as well as delivering other
superior performance features such as `instant recharge anywhere', which are
ideally suited for modern feature rich, `always on, always connected' wireless
devices.

In 2006, an estimated 1 billion Li-Ion battery packs were sold world-wide to
power portable consumer electronic devices. This number is expected to rise to
an estimated 1.9 billion by the end of 2008.

CMR is developing DMFC stacks and systems in the range of 5 Watts to 50 Watts
of electrical power. These are suitable for applications ranging from media
players and games consoles through to laptop computers and remote monitoring
devices. Prototypes powering representative demonstration systems have been
shown to potential customers around the world.

CMR is based in Cambridge, United Kingdom and is listed on the London Stock
Exchange, AIM market as CMF.L



END



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