Last checked at 13 Jul 2022 08:58
Active Energy Group Plc / EPIC: AEG / Sector: Alternative Energy
13 July 2022
Active Energy Group Plc
("Active Energy" or the "Company")
Director / PDMR Shareholding
Active Energy, the London quoted international biomass based renewable energy business, announces the following director dealing in the Company's ordinary shares of 0.35p each ("Ordinary Shares").
On 12 July 2022, Michael Rowan, the Company's Chief Executive Officer, purchased 1,000,000 Ordinary Shares at an average price of 4.105p per share. Following the transaction, Michael Rowan is beneficially interested in 1,785,321 Ordinary Shares, representing 1.10% of the Company's total issued share capital.
The FCA notification in respect of the above, made in accordance with the requirements of the UK Market Abuse Regulation, is appended below.
Enquiries | ||
Active Energy Group Plc | Michael Rowan (Chief Executive Officer) Andrew Diamond (Chief Financial Officer)
| info@aegplc.com |
Allenby Capital Limited Nominated Adviser and Broker | Nick Naylor / James Reeve / Freddie Wooding (Corporate Finance) Amrit Nahal (Sales/Corporate Broking)
| Office: +44 (0)20 3328 5656 |
Camarco Financial PR Adviser | Georgia Edmonds / Tom Huddart / Emily Hall | aeg@camarco.co.uk Office: +44 (0)20 3757 4980 |
About Active Energy Group:
Active Energy Group plc is a London listed (AIM: AEG) renewable energy company that has developed a proprietary technology which transforms low-cost biomass material into high-value green fuels. Its patented product CoalSwitch® is the world's only drop-in biomass fuel that can be mixed at any ratio with coal or completely replace coal in existing coal-fired power stations without requiring significant plant modification. Active Energy Group's immediate strategic focus is the production and commercialisation of CoalSwitch®.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||||
a) | Name | Michael Rowan | ||||||||
2 | Reason for the notification | Purchase of shares | ||||||||
a) | Position/status | Chief Executive Officer | ||||||||
b)
| Initial notification /Amendment | Initial notification | ||||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
a) | Name | Active Energy Group Plc | ||||||||
b) | LEI | 213800P9PW3HJ5YJRK43
| ||||||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||||
a)
| Description of the financial instrument, type of instrument Identification code | Ordinary Shares of £0.0035 each
ISIN: GB00BPG7NS80 | ||||||||
b) | Nature of the transaction | Acquisition of shares | ||||||||
c) | Price(s) and volume(s) |
| ||||||||
d) | Aggregated information - Aggregated volume - Price |
1,000,000 £41,050 | ||||||||
e) | Date of the transaction | 12 July 2022 | ||||||||
f) | Place of the transaction | XLON, London Stock Exchange | ||||||||