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Spread: 0.01 (10.526%)
Market Cap: £6.80m
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AIM Rule 17 Notice

12 Sep 2022 07:01

RNS Number : 0201Z
Active Energy Group PLC
12 September 2022
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Active Energy Group Plc / EPIC: AEG / Sector: Alternative Energy

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12 September 2022

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Active Energy Group Plc

("Active Energy" or the "Company")

AIM Rule 17 Notice

Active Energy announces the following disclosures in accordance with Rule 17 and Schedule 2(g) of the AIM Rules for Companies. Max Aitken is a director of Speyside Renewable Energy Finance Plc, which on 8 September 2022 was placed into a solvent liquidation.

Regulatory information

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms partย of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.

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Enquiries

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Active Energy Group Plc

Michael Rowanย (Chief Executive Officer)

info@aegplc.com

Allenby Capital Limited Nominated Adviser and Broker

Nick Naylor / James Reeve / Freddie Woodingย (Corporate Finance)

Amrit Nahalย (Sales/Corporate Broking)

Office: +44 (0)20 3328 5656

Camarco

Financial PR Adviser

Tom Huddart / Emily Hall / Georgia Edmonds

aeg@camarco.co.uk

Office: +44 (0)20 3757 4980

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About Active Energy

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Active Energy Group plc is a London listed (AIM: AEG) renewable energy company focused on the production and development of next generation biomass products that have the potential to transform traditional coal fired power and heavy industries and the existing renewable biomass industry.

AEG has developed a proprietary technology platform which transforms waste biomass material into high-value renewable fuels. Its patented product CoalSwitchยฎ is a leading drop-in biomass renewable fuel that can be co-fired with coal, completely replace coal as an alternative feedstock without requiring significant plant modifications or wholly replace existing biomass feedstock resources.

Active Energy Group's immediate strategic focus is the production and commercialisation of CoalSwitchยฎ. CoalSwitchยฎ is a registered trademark belonging to Active Energy Group plc.

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