Last checked at 7 Sep 2021 07:00
Active Energy Group Plc / EPIC: AEG / Sector: Alternative Energy
7 September 2021
Active Energy Group Plc
("Active Energy" or the "Company")
Change of Advisers
Active Energy, the renewable energy company focused on the production and development of next generation biomass products, announces that it has appointed Panmure Gordon & Co ("Panmure Gordon") as its joint broker and financial adviser with immediate effect. Additionally, Allenby Capital Limited ("Allenby") has been appointed as nominated adviser and will continue to act as the Company's joint broker alongside Panmure Gordon.
Regulatory information
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part 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.
ENDS
Enquiries | ||
Active Energy Group Plc | Michael Rowan (Chief Executive Officer) Andrew Diamond (Chief Financial Officer) | info@aegplc.com |
Allenby Capital Limited Nominated Adviser and Joint Broker | Nick Naylor / James Reeve (Corporate Finance)
Amrit Nahal (Sales/Corporate Broking)
| Office: +44 (0)20 3328 5656 |
Panmure Gordon & Co Joint Broker | John Prior / Harriette Johnson (Corporate Finance)
Hugh Rich (Corporate Broking) | Office: +44 (0)20 7886 2500 |
Camarco Financial PR Adviser | Gordon Poole / Tom Huddart / Emily Hall | aeg@camarco.co.uk Office: +44 (0)20 3757 4980 |
About Active Energy
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 the traditional coal fired-power industry and existing renewable biomass industry.
The Company has developed a proprietary technology which transforms waste biomass material into high-value renewable fuels. Its patented product CoalSwitchTM is a leading drop-in renewable fuel that can be co-fired with coal, completely replace coal as an alternative feedstock without requiring significant plant modifications, or replace existing biomass feedstock resources. Active Energy's immediate strategic focus is the production and commercialisation of CoalSwitchTM and further CoalSwitchTM fuel blends that utilise other waste wood and residual materials.
CoalSwitchTM is a registered trademark belonging to Active Energy Group plc.