TIDMAEG

RNS Number : 8945U

Active Energy Group PLC

09 April 2021

Active Energy Group Plc / EPIC: AEG / Sector: Alternative Energy

9 April 2021

Active Energy Group Plc

('Active Energy', 'AEG', or the 'Company')

Director Dealing

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 8 April 2021, Mr James Leahy, the Company's Chairman, purchased 1,000,000 Ordinary Shares at a price of 0.8675 pence each.

Following the transaction, Mr Leahy is beneficially interested in 5,000,000 Ordinary Shares, representing 0.1% of the Company's total issued share capital.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

ENDS

 
 Enquiries 
 Active Energy   Michael Rowan                            info@aegplc.com 
  Group Plc       Chief Executive Officer 
                  Andrew Diamond 
                  Chief Financial Officer 
                ------------------------------  ------------------------- 
 SP Angel        David Hignell / Caroline          Office: +44 (0)20 3470 
  Corporate       Rowe                                               0470 
  Finance 
  LLP 
  Nominated 
  Adviser 
  and Joint 
  Broker 
                ------------------------------  ------------------------- 
 Allenby         Nick Naylor/James Reeve           Office: +44 (0)20 3328 
  Capital         (Corporate Finance)                                5656 
  Limited         Amrit Nahal (Sales/Corporate 
  Joint Broker    Broking) 
                ------------------------------  ------------------------- 
 Camarco         Gordon Poole / Tom Huddart             aeg@camarco.co.uk 
  Financial       / Emily Hall                    Office: +44 (0) 20 3757 
  PR Adviser                                                         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                   Ordinary Shares of 0.01 pence each 
       the Financial 
       instrument, type 
       of instrument 
      Identification                   GB00B1YMN108 
       code 
     -------------------------------  ---------------------------------------- 
 b)   Nature of the                    Purchase of 1,000,000 Ordinary Shares 
       transaction 
     -------------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s)             Price(s)                   Volume(s) 
                                                           0.8675p   1,000,000 
                                                                    ---------- 
     -------------------------------  ---------------------------------------- 
 d)        Aggregated information:     N/A Single transaction 
             *    Aggregated volume 
 
 
             *    Price 
     -------------------------------  ---------------------------------------- 
 e)   Date of the transaction          8 April 2021 
     -------------------------------  ---------------------------------------- 
 f)   Place of the transaction         London Stock Exchange 
     -------------------------------  ---------------------------------------- 
 

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END

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April 09, 2021 02:00 ET (06:00 GMT)

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