Active Energy Group PLC Correction: Director's Dealings (8722A)
October 01 2015 - 3:19AM
UK Regulatory
TIDMAEG
RNS Number : 8722A
Active Energy Group PLC
01 October 2015
1 October 2015
Active Energy Group Plc
("Active Energy Group" or the "Group" or the "Company" or
"AEG")
Correction: Director's Dealings
The Company's RNS released at 07:00am on 1 October 2015 in
relation to the director dealing of Richard Spinks incorrectly
stated the percentage that Mr Spinks' holdings represent of the
Company's issued share capital with voting rights following the
transaction.
Following the purchase, Mr Spinks is beneficially interested in
approximately 1.72% of the Company's issued share capital with
voting rights.
All other details remain the same and the full corrected
announcement is shown below.
Active Energy Group Plc
("Active Energy Group" or the "Group" or the "Company" or
"AEG")
Director's Dealings
Active Energy Group Plc (AIM: AEG.L), the London Stock Exchange
AIM-quoted international supplier of wood fibre products for MDF
manufacturing, global forestry and natural resources development
services, and Biomass for Energy (BFE) coal replacement fuel
solutions and processing systems, announces that it has today been
notified that on 30 September 2015 Mr Richard Spinks, Chief
Executive Officer and a Director of the Company, purchased 200,000
Shares in the capital of the Company ("Shares") at a price of 5.7
pence (GBP0.057) per Share.
Following this purchase, Mr Spinks is beneficially interested in
9,987,000 Shares, representing approximately 1.72% of the Company's
issued share capital with voting rights.
- ENDS -
NOTES TO EDITORS & CONTACT INFORMATION
ABOUT ACTIVE ENERGY GROUP PLC:
Active Energy Group Plc is a London Stock Exchange AIM-quoted
company (AIM: AEG.L). Headquartered in the UK, it is a
fast-expanding international business that has experienced
exceptionally strong growth and diversification into complementary
industry sectors since the current management team assumed
responsibility in mid-2012.
The Group has considerable expertise across the entire timber
industry supply chain - from forest to finished product.
Its three specialist business divisions, which reflect its
knowledge and experience and which work together to maximise
commercial opportunities, are focussed on providing products and
services to specific global market sectors:
-- Forestry & Natural Resources Development and Management
-- Wood Fibre Products for Medium-Density Fibreboard (MDF) Manufacturing
-- Advanced Biomass for Energy (BFE) Fuel Solutions and Processing Systems
Active Energy Group Plc operates from four international
locations:
-- Ukraine, where it is the largest producer and exporter of
wood fibre for the Turkish MDF manufacturing sector.
-- Canada, where it has entered into a landmark joint venture -
KAQUO Forestry & Natural Resources Development Corporation -
with several indigenous Métis Settlements to commercialise in
excess of 250,000 hectares of their lands, which contain valuable
forests and natural resources, including oil and gas reserves.
-- The United Kingdom and United States of America, where it
develops advanced Biomass for Energy fuels and fuel processing
systems that convert waste wood and industrial/agricultural
residues into coal replacement feedstock for clean energy power
generation in a joint venture - AEG CoalSwitch Limited - with
Biomass Energy Enhancements LLC.
Ukraine and Canada, with their large forestry reserves and
comprehensive road, rail and sea transport links, are ideal
locations from which to source raw Biomass material for conversion
into wood fibre for MDF manufacturing and enhanced sustainable
fuels for electricity generating power plants.
A highly experienced and dedicated management team leads Active
Energy Group Plc, each of whom possesses a proven track record in
the industries and regions in which it operates and from which its
revenues are generated.
The Company has grown significantly in recent years, and has
established a firm foundation, excellent reputation and
international customer base upon which to build for the future.
WEBSITE: LINKEDIN: TWITTER:
www.active-energy.com www.linkedin.com/company/activeenergy www.twitter.com/aegplc
(@aegplc)
ENQUIRIES:
Active Energy Group Plc
+39 344 111
Richard Spinks richard.spinks@active-energy.com Intl.: 6071
Chief Executive +380 503
Officer Ukraine: 942 702
+44 (0)7500
Brian Evans-Jones brian.evans-jones@active-energy.com UK: 861 696
Chief Financial +380 955
Officer Ukraine: 227 745
+972 (0)54
Mark Broomer mark.broomer@active-energy.com Intl.: 575 3091
+44 (0)7703
Corporate Communications UK: 18 88 18
WH Ireland Ltd. (Nominated Adviser and Broker)
Chris Fielding/Mark +44 (0)20
Leonard Office: 7220 1666
This information is provided by RNS
The company news service from the London Stock Exchange
END
RDSMBBRTMBBMMRA
(END) Dow Jones Newswires
October 01, 2015 03:19 ET (07:19 GMT)
Cinpart (LSE:CINP)
Historical Stock Chart
From Jun 2024 to Jul 2024
Cinpart (LSE:CINP)
Historical Stock Chart
From Jul 2023 to Jul 2024