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Holding(s) in Company

6 Jul 2021 15:00

RNS Number : 3494E
Active Energy Group PLC
06 July 2021
 

Active Energy Group Plc / EPIC: AEG / Sector: Alternative Energy

6 July 2021

Active Energy Group Plc

("Active Energy", "AEG", or the "Company")

 

Holding(s) in Company

 

Active Energy, the London quoted renewable energy company focused on the production and development of next generation biomass products, was notified on 5 July 2021 that Gravendonck Private Foundation ("Gravendonck") has disposed of a total of 121,625,000 ordinary shares of 0.01p each in the Company ("Ordinary Shares").

The disposals took place over various dates as summarised in the table below (the "Disposals"):

Date of Disposal

Number of Ordinary Shares

Price of Disposal (p)

4 March 2021

4,000,000

1.15

7 April 2021

5,000,000

1.0

12 April 2021

8,500,000

0.938

30 April 2021

8,500,000

0.84

7 June 2021

46,500,000

0.7

2 July 2021

49,125,000

0.6

 

Following the Disposals, Gravendonck is beneficially interested in 832,362,189 Ordinary Shares, representing 21.3% of the Company's total issued share capital with voting rights.

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

SP Angel Corporate Finance LLP

Nominated Adviser and Joint Broker

David Hignell / Caroline Rowe (Corporate Finance)

Rob Rees (Sales)

Office: +44 (0)20 3470 0470

Allenby Capital Limited

Joint Broker

Nick Naylor/James Reeve (Corporate Finance)

Amrit Nahal (Sales/Corporate Broking)

Office: +44 (0)20 3328 5656

Camarco

Financial PR Adviser

Gordon Poole / 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 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 Group's immediate strategic focus is the production and commercialisation of CoalSwitchTM and further CoalSwitchTM fuel blends that utilise other waste wood and residual materials.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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HOLRFMJTMTAMBTB
Date   Source Headline
26th Mar 20075:55 pmRNSDirectorate Change
22nd Dec 200612:10 pmRNSTotal Voting Rights
12th Dec 20064:36 pmRNSIssue of Equity
5th Oct 20063:14 pmPRNHolding(s) in Company
25th Sep 20062:30 pmPRNInterim Results
14th Sep 200611:34 amPRNIssue of Loan Notes
19th Jul 20064:15 pmRNSIssue of Equity
12th Jul 20065:01 pmPRNGroup Restructure
3rd Jul 200610:00 amRNSRestoration - Buckland Group
3rd Jul 20067:30 amRNSSuspension - Buckland Group
30th Jun 20065:32 pmPRNHolding(s) in Company
30th Jun 20065:27 pmPRNAnnual Report and Accounts
2nd May 200610:43 amPRNFinal Results
2nd Mar 20067:00 amPRNTrading Update
15th Dec 20053:45 pmPRNPlacing & Additional Listing
1st Nov 200510:18 amPRNTrading Update
17th Oct 200512:20 pmPRNHolding(s) in Company
6th Oct 200510:50 amPRNHolding(s) in Company
6th Oct 200510:27 amPRNResult of EGM
21st Sep 200511:42 amPRNHolding(s) in Company
19th Sep 200510:48 amPRNHolding(s) in Company
16th Sep 200512:02 pmPRNInterim Results
14th Sep 20059:51 amPRNHolding(s) in Company
1st Aug 20051:30 pmRNSAGM Statement
11th Jul 20059:30 amRNSReport and Accounts
11th Jul 20059:30 amRNSRestoration - Buckland Group
7th Jul 20052:44 pmRNSFinal Results
6th Jul 20054:56 pmRNSHolding(s) in Company
1st Jul 20057:00 amRNSSuspension - Buckland Group
24th Feb 200511:31 amRNSHolding(s) in Company
17th Feb 20057:00 amPRNPlacing and Acquisition
2nd Feb 200510:34 amRNSHolding(s) in Company
24th Jan 200510:14 amRNSHolding(s) in Company
7th Jan 200510:01 amRNSLicense Approval

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