TIDMAEG

RNS Number : 6236X

Active Energy Group PLC

06 January 2022

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 CoalSwitch(TM) technology. This alignment of interests is positive as the Company progresses towards commercialisation of CoalSwitch(TM)."

 
 Enquiries: 
 Active Energy Group Plc   Michael Rowan (Chief Executive Officer)                        info@aegplc.com 
                            Andrew Diamond (Chief Financial Officer) 
                          -------------------------------------------------------------  ----------------------------- 
 Allenby Capital Limited   Nick Naylor/James Reeve (Corporate Finance)                    Office: +44 (0)20 3328 5656 
  NOMAD and Joint Broker    Amrit Nahal (Sales and Corporate Broking) 
                          -------------------------------------------------------------  ----------------------------- 
 Panmure Gordon & Co       John Prior/James Sinclair-Ford/Harriette Johnson (Corporate    Office: +44 (0)20 7886 2500 
  Joint Broker             Finance) 
                           Hugh Rich (Corporate Broking) 
                          -------------------------------------------------------------  ----------------------------- 
 Camarco                   Gordon Poole/Tom Huddart/Emily Hall                            aeg@camarco.co.uk 
  Financial PR Adviser                                                                     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(TM) 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(TM).

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

HOLUNONRUNUARRR

(END) Dow Jones Newswires

January 06, 2022 02:00 ET (07:00 GMT)

Active Energy (LSE:AEG)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024 Haga Click aquí para más Gráficas Active Energy.
Active Energy (LSE:AEG)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024 Haga Click aquí para más Gráficas Active Energy.