Active Energy Group PLC Change of Advisers (9057K)
September 07 2021 - 2:00AM
UK Regulatory
TIDMAEG
RNS Number : 9057K
Active Energy Group PLC
07 September 2021
Active Energy Group Plc / EPIC: AEG / Sector: Alternative
Energy
7 September 2021
Active Energy Group Plc
("Active Energy" or the "Company")
Change of Advisers
Active Energy, the renewable energy company focused on the
production and development of next generation biomass products,
announces that it has appointed Panmure Gordon & Co ("Panmure
Gordon") as its joint broker and financial adviser with immediate
effect. Additionally, Allenby Capital Limited ("Allenby") has been
appointed as nominated adviser and will continue to act as the
Company's joint broker alongside Panmure Gordon.
Regulatory information
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 Michael Rowan (Chief info@aegplc.com
Plc Executive Officer)
Andrew Diamond ( Chief
Financial Officer)
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Allenby Capital Limited Nick Naylor / James Reeve Office: +44 (0)20
Nominated Adviser (Corporate Finance) 3328 5656
and Joint Broker Amrit Nahal (Sales/Corporate
Broking)
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Panmure Gordon & Co John Prior / Harriette Office: +44 (0)20
Joint Broker Johnson (Corporate Finance) 7886 2500
Hugh Rich (Corporate
Broking)
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Camarco Gordon Poole / Tom Huddart aeg@camarco.co.uk
Financial PR Adviser / Emily Hall Office: +44 (0)20
3757 4980
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About Active Energy
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 CoalSwitch(TM) 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's immediate strategic focus is the production and
commercialisation of CoalSwitch(TM) and further CoalSwitch(TM) fuel
blends that utilise other waste wood and residual materials.
CoalSwitch(TM) is a registered trademark belonging to Active
Energy Group plc.
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END
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