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Nominated Adviser Status - Update

18 Jan 2019 07:00

RNS Number : 4410N
Active Energy Group PLC
18 January 2019
 

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

 

18 January 2019

Active Energy Group Plc ('Active Energy', 'AEG' or the 'Company')

 

Nominated Adviser Status - Update

 

Active Energy, the London quoted international biomass based renewable energy and forestry management business, announces that further to its announcement dated 11 December 2018, the Company intends to transition its Nominated Adviser ('Nomad') role from Northland Capital Partners Limited to SP Angel Corporate Finance LLP ('SP Angel').

 

This process is progressing and SP Angel conducted a site visit to North America this week as part of the take-on process. A further announcement will be made as appropriate.

 

AEG recognises that, in the unlikely event that the Company fails to appoint SP Angel by 1 February 2019, the Exchange will suspend trading in the Company's AIM Securities.

 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

 

**ENDS**

 

Enquiries & Further Information:

 

Website

LinkedIn

www.active-energy.com

www.aeg-plc.com

www.linkedin.com/company/activeenergy

 

 

Enquiries

Active Energy Group Plc

Michael Rowan

Chief Executive Officer (Active Energy)

michael.rowan@aegplc.com

 

Northland Capital Partners Limited

Nominated Adviser

 

David Hignell / Gerry Beaney / Domile Andruskeviciute

Office: +44 (0)20 3861 6625

Optiva Securities Ltd Broker

Jeremy King / Ed McDermott

Office: +44 (0)20 3137 1902

St Brides Partners

Financial PR Adviser

Susie Geliher / Isabel de Salis

info@stbridespartners.co.uk

Office: +44 (0) 20 7236 1177

 

About Active Energy Group:

Active Energy Group Plc (AIM: AEG.L) is a London Stock Exchange-listed international renewable energy business based upon forestry assets. Its model is focussed on capturing the entire forestry value chain through sourcing, utilising and commercialising assets, and setting a new standard in the sustainable management and optimisation of timber resources.

 

The Company is led by a highly technical and commercial team with the experience to execute its defined growth strategy and build its visibility, primarily as a London-listed timber opportunity with a revolutionary biomass fuel technology.

 

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.
 
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