Active Energy Group PLC Directorate Change (4706V)
August 10 2022 - 2:00AM
UK Regulatory
TIDMAEG
RNS Number : 4706V
Active Energy Group PLC
10 August 2022
Active Energy Group Plc / EPIC: AEG / Sector: Alternative
Energy
10 August 2022
Active Energy Group Plc
("Active Energy" or the "Company")
Directorate change
Active Energy, the international biomass based renewable energy
business, announces that Andrew Diamond will be stepping down as
the Company's Chief Financial Officer. Andrew has agreed to remain
in the role and as a member of the management team until
mid-December 2022 in order to provide business continuity whilst a
suitable replacement is identified. The Board has commenced the
process to identify a replacement and further announcements will be
made in due course.
Michael Rowan, CEO of Active Energy, commented:
"I would like to thank Andrew for his contribution to the
development of Active Energy's business in the last 18 months and
the team wish him well for the next chapter of his career.
"We have commenced the search for a new Chief Financial Officer
who can assist with the strategic business planning and have the
know-how of growing the business in the US and Canada."
Enquiries
Active Energy Michael Rowan (Chief Executive info@aegplc.com
Group Plc Officer)
Allenby Capital Nick Naylor / James Reeve Office: +44 (0)20
Limited Nominated / Freddie Wooding (Corporate 3328 5656
Adviser and Broker Finance)
Amrit Nahal (Sales/Corporate
Broking)
------------------------------- -------------------
Camarco Tom Huddart / Emily Hall aeg@camarco.co.uk
Financial PR / Georgia Edmonds Office: +44 (0)20
Adviser 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
traditional coal fired power and heavy industries and the existing
renewable biomass industry.
AEG has developed a proprietary technology platform which
transforms waste biomass material into high-value renewable fuels.
Its patented product CoalSwitch(R) is a leading drop-in biomass
renewable fuel that can be co-fired with coal, completely replace
coal as an alternative feedstock without requiring significant
plant modifications or wholly replace existing biomass feedstock
resources.
Active Energy Group's immediate strategic focus is the
production and commercialisation of CoalSwitch(R). CoalSwitch(R) is
a registered trademark belonging to Active Energy Group plc.
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END
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