Active Energy Group PLC Total Voting Rights (4994A)
December 29 2017 - 2:00AM
UK Regulatory
TIDMAEG
RNS Number : 4994A
Active Energy Group PLC
29 December 2017
Active Energy Group Plc / EPIC: AEG / Sector: Alternative
Energy
29 December 2017
Active Energy Group Plc ('Active Energy' or 'the Group')
Total Voting Rights
Active Energy, the London quoted international biomass based
renewable energy and forestry management business announces that
following the Admission of the 41,733,333 New Ordinary Shares to
trading on AIM earlier today, the Company's enlarged issued share
capital will comprise 983,071,277 Ordinary Shares with voting
rights. The Company currently holds 33,212,841 Ordinary Shares in
Treasury and the figure of 949,858,436 Ordinary Shares may
therefore be used by shareholders in the Company as the denominator
for the calculations by which they will determine if they are
required to notify their interest in, or a change in their interest
in, the share capital of the Company under the FCA's Disclosure and
Transparency Rules. This figure includes the 83,333,334 Ordinary
Shares that were issued pursuant to the Company's announcement
regarding a GBP1.75m Fundraising which was announced on 1 November
2017.
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) 596/2014 ("MAR").
All defined terms in this announcement shall have the same
meaning as described in the Company's announcement of 18 December
2017.
**ENDS**
Enquiries & Further Information:
Website LinkedIn
---------------------- --------------------------------------
www.active-energy.com www.linkedin.com/company/activeenergy
www.abs-plc.com
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Enquiries
----------------------------------------------------------------------------
Active Energy Michael Rowan michael.rowan@aegplc.com
Group Plc Non-Executive Chairman
------------------- ------------------------- ----------------------------
Richard Spinks richard.spinks@aegplc.com
Chief Executive Officer
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Northland Capital David Hignell/Gerry Office: +44 (0)20
Partners Limited Beaney 3861 6625
Nominated Adviser
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Optiva Securities Graeme Dickson
Ltd Ed McDermott Office: +44 (0)20
Broker 3137 1902
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St Brides Partners Isabel de Salis/Megan info@stbridespartners.co.uk
Financial PR Dennison Office: +44 (0)
Adviser 20 7236 1177
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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. It has two affiliate
companies formed being:
-- Advanced Biomass Solutions Plc (www.abs-plc.com), which is
commercialising a revolutionary biomass coal replacement fuel,
CoalSwitch(TM); and
-- Timberlands International Ltd, a sustainable international forestry management business.
About CoalSwitch(TM):
CoalSwitch(TM) is the world's first direct drop-in replacement
biomass fuel with the ability to transform the coal energy dynamic.
Its unique qualities allow the fuel to be directly mixed in any
ratio or completely replace coal in existing unmodified coal-fired
power stations, negating the need for expensive retrofitting or
avoiding complete plant closure. Unlike almost all biomass based
pellets, it does not have to use high-quality wood but can instead
utilise low-cost waste material which translates into significant
economic benefits. CoalSwitch(TM) has a unique solution to enable
coal-fired power plants to continue operating at acceptable
environmental standards. To facilitate the expansion, ABS is
establishing operations in the Americas, Europe and Asia and has
representation in those areas in terms of business development and
technical support.
This information is provided by RNS
The company news service from the London Stock Exchange
END
TVRPGGMAPUPMGCR
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December 29, 2017 02:00 ET (07:00 GMT)
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