Active Energy Group PLC Appointment of interim CFO and director change (2790H)
November 23 2022 - 1:44AM
UK Regulatory
TIDMAEG
RNS Number : 2790H
Active Energy Group PLC
23 November 2022
Active Energy Group Plc / EPIC: AEG / Sector: Alternative
Energy
23 November 2022
Active Energy Group Plc
("Active Energy" or the "Company")
Appointment of interim Chief Financial Officer and director
change
Active Energy, the international biomass based renewable energy
business, is pleased to announce that Michelle Fagan has, with
effect from 23 November 2022, been appointed as the Company's
interim Chief Financial Officer and joined the Company's senior
management team. Michelle's role will initially be in a non-Board
capacity.
Michelle Fagan is qualified as a chartered certified accountant
(ACCA) and has 24 years' experience as a finance professional.
After completing her FCCA qualification at the Bank of Ireland, she
went on to roles as a CFO at Assured Asset Energy Group, Nowtel
Group and Chemistry Strategic Communications in London and Dublin.
Michelle has been working with the Company's management team since
October 2020.
In addition, and further to the Company's announcement of 10
August 2022, Andrew Diamond has now ceased his responsibilities as
the Company's Chief Financial Officer and has ceased to be a
director of the Company with immediate effect.
Enquiries
Active Energy Michael Rowan (Chief Executive info@aegplc.com
Group Plc Officer)
James Leahy (Chairman)
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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