6 Jan 2022 07:00
Active Energy Group Plc / EPIC: AEG / Sector: Alternative Energy
6 January 2022
Active Energy Group Plc
("Active Energy" or the "Company")
Holding(s) in Company
Active Energy, the London AIM-quoted renewable energy business focused on the production of next generation energy pellets, announces it was notified on 30 December 2021 that following the completion of the Fundraising announced on 9 December 2021, Tyler Player's shareholding in the Company is 375,940,001 ordinary shares. This holding represents approximately 6.64% of the total voting rights in the Company.
Tyler Player is the principal of Player Design Inc., the Company's EPC contractor for the Ashland facility.
Michael Rowan, CEO of Active Energy, commented: "Tyler Player's investment in the Company is a strong show of confidence in the CoalSwitchTM technology. This alignment of interests is positive as the Company progresses towards commercialisation of CoalSwitch™."
Enquiries: |
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Active Energy Group Plc | Michael Rowan (Chief Executive Officer) Andrew Diamond (Chief Financial Officer) | info@aegplc.com |
Allenby Capital Limited NOMAD and Joint Broker | Nick Naylor/James Reeve (Corporate Finance) Amrit Nahal (Sales and Corporate Broking) | Office: +44 (0)20 3328 5656 |
Panmure Gordon & Co Joint Broker | John Prior/James Sinclair-Ford/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 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™.
Active Energy (AEG)