Active Energy Group PLC Director / PDMR Shareholding (8814Q)
March 02 2021 - 5:50AM
UK Regulatory
TIDMAEG
RNS Number : 8814Q
Active Energy Group PLC
02 March 2021
Active Energy Group Plc / EPIC: AEG / Sector: Alternative
Energy
2 March 2021
Active Energy Group Plc
('Active Energy', or the 'Company')
Director / PDMR Shareholding
Active Energy, the London quoted international biomass based
renewable energy and forestry management business, announces the
following dealing in the Company's ordinary shares of 0.01 pence
each ("Ordinary Shares").
On 1 March 2021 Mr James Leahy, the Company's Chairman, carried
out a 'Bed and SIPP' transfer of 3,000,000 Ordinary Shares from his
SIPP into a new share dealing account (the "Transfer"). The shares
were sold for 1.125 pence per Ordinary Shares and immediately
repurchased at 1.125 pence per Ordinary Share.
Following the Transfer, James Leahy remains beneficially
interested in 4,000,000 Ordinary Shares which equates to 0.1% of
Active Energy's total issued share capital.
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) 596/2014.
Enquiries:
Active Energy Group Michael Rowan
Plc Chief Executive Officer
Andrew Diamond
Chief Financial Officer
SP Angel Corporate David Hignell / Caroline Office: +44 (0)20
Finance LLP Rowe 3470 0470
Nominated Adviser
and Joint Broker
Allenby Capital Limited Nick Naylor / James Office: +44 (0)20
Joint Broker Reeve / Asha Chotai 3328 5656
(Corporate Finance)
Amrit Nahal (Sales
& Corporate Broking)
Camarco Gordon Poole / Tom aeg@camarco.co.uk
Financial PR Adviser Huddart / Emily Hall Office: +44 (0) 20
3757 4980
About Active Energy Group
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 plant modification. Active Energy Group's immediate
strategic focus is the production and commercialisation of
CoalSwitch(TM) and a low emission CoalSwitch(TM) blend that
utilises other waste materials.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name James Leahy
------------------------------- -----------------------------------------------
2. Reason for the Notification
--------------------------------------------------------------------------------
a) Position/status Chairman
------------------------------- -----------------------------------------------
b) Initial notification/Amendment Initial notification
------------------------------- -----------------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------------
a) Name Active Energy Group plc
------------------------------- -----------------------------------------------
b) LEI 213800P9PW3HJ5YJRK43
------------------------------- -----------------------------------------------
4. Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
--------------------------------------------------------------------------------
a) Description of the Ordinary Shares of 0.01 pence each
Financial instrument,
type of instrument
Identification code GB00B1YMN108
------------------------------- -----------------------------------------------
b) Nature of the transaction (i) Sale of 3,000,000 Ordinary Shares
from SIPP
(ii) Purchase of 3,000,000 Ordinary
Shares from new share dealing account
------------------------------- -----------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
(i) 1.125p 3,000,000
(ii) 1.125p 3,000,000
-----------
------------------------------- -----------------------------------------------
d) Aggregated information: N/A Single transaction
* Aggregated volume
* Price
------------------------------- -----------------------------------------------
e) Date of the transaction 1 March 2021
------------------------------- -----------------------------------------------
f) Place of the transaction London Stock Exchange
------------------------------- -----------------------------------------------
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END
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