RNS Out - Placing / BTC7 Jul 2025 19:27
Active Energy (AIM: AEG, OTCQB: ATGVF), the biomass-based renewable energy company focused on the production and development of next generation biomass products, announces its intention to raise gross proceeds of up to £346,180 by means of a placing of new Ordinary Shares to certain institutional and other investors at a price of 0.1 pence per share (the "Placing").
The Placing Price represents a discount of approximately 66.6 per cent. to the Closing Price of 0.3 pence per Ordinary Share on 4 July 2025, being the latest practicable business day prior to the publication of this Announcement.