Active Energy Group PLC Director Share Purchase (4946O)

TIDMAEG

RNS Number : 4946O

Active Energy Group PLC

07 November 2016

7 November 2016

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

Active Energy Group plc ("Active Energy", "AEG" or the "Company")

Director Share Purchase

Active Energy, the London quoted renewable energy, forestry management and timber processing business, has been advised that the following director purchased ordinary shares of 1p in the Company ("Ordinary Shares") on 4 November 2016.

 
 Name       Price    Number of           Beneficial         % of Total Voting 
             (GBP)    Ordinary            interest in        Rights in the 
                      Shares Purchased    Ordinary Shares    Company following 
                                          following          purchase 
                                          purchase 
---------  -------  ------------------  -----------------  ------------------- 
 Richard 
  Spinks 
  (CEO)     0.0319   147,000             10,372,000         1.57% 
---------  -------  ------------------  -----------------  ------------------- 
 

__________________________________________________________________________________________________________________

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                             Richard Spinks 
---  -------------------------------  --------------------------- 
 2.   Reason for the Notification 
---  ------------------------------------------------------------ 
 a)   Position/status                  CEO 
---  -------------------------------  --------------------------- 
 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                              Pending 
---  -------------------------------  --------------------------- 
 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 1p each 
       the Financial 
       instrument, type 
       of instrument 
--- 
      Identification 
       code 
---  -------------------------------  --------------------------- 
 b)   Nature of the                    Purchase of shares 
       transaction 
---  -------------------------------  --------------------------- 
 c)   Price(s) and                      Price(s)   Volume(s) 
       volume(s)                        ---------  ---------- 
                                         3.19p      147,000 
                                        ---------  ---------- 
---  -------------------------------  --------------------------- 
 d)   Aggregated information: 
        *    Aggregated volume 
 
 
        *    Price 
---  -------------------------------  --------------------------- 
 e)   Date of the transaction          4 November 2016 
---  -------------------------------  --------------------------- 
 f)   Place of the                     London Stock Exchange, AIM 
       transaction                      Market (XLON) 
---  -------------------------------  --------------------------- 
 

**ENDS**

Enquiries & Further Information

 
 Website                 LinkedIn                                Twitter 
----------------------  --------------------------------------  ----------------------- 
 www.active-energy.com   www.linkedin.com/company/activeenergy   www.twitter.com/aegplc 
                                                                  (@aegplc) 
----------------------  --------------------------------------  ----------------------- 
 
 
 Enquiries 
---------------------------------------------------------------------------------- 
 Active Energy        Richard Spinks              [e-mail] 
  Group Plc            Chief Executive                               Int: +380 503 
                       Officer                                             942 702 
-------------------  -----------------------  ------------------------------------ 
                      Brian Evans-Jones        [e-mail] 
                       Chief Financial                             UK: +44 (0)7500 
                       Officer                                             861 696 
                                                                     Ukraine: +380 
                                                                       955 227 745 
-------------------  -----------------------  ------------------------------------ 
 Northland Capital    Patrick Claridge/David                     Office: +44 (0)20 
  Partners Limited     Hignell/Gerry Beaney                              3861 6625 
  Nominated Adviser    (Corporate Finance) 
  & Broker 
                       John Howes/Rob Rees 
                       (Sales and Broking) 
-------------------  -----------------------  ------------------------------------ 
 St Brides Partners   Susie Geliher/Megan              [e-mail] 
  Financial PR         Dennison                                    Office: +44 (0) 
  Adviser                                                             20 7236 1177 
-------------------  -----------------------  ------------------------------------ 
 

About Active Energy Group

Active Energy Group Plc ("Active Energy" or "AEG") is an AIM quoted company operating internationally across the entire timber supply chain - from forest to factory and fuel.

Active Energy's vertically-integrated business units provide timberland development services for forestry owners, industrial wood fibre for MDF manufacturers, and second-generation biomass coal replacement fuels for industrial power generators.

Active Energy has three divisions:

   --     AEG TimberLands: Forestry Asset Management and Development 
   --     AEG WoodFibre: Industrial Wood Fibre for Medium-Density Fibreboard (MDF) Manufacturing 
   --     AEG CoalSwitch: Advanced Biomass Coal Replacement Fuels and Fuel Processing Systems 

Active Energy's relationships with forestry owners through its AEG TimberLands operation allows the Company to maximise the value of its standing timber assets, converting low-grade material - primarily non-saw logs/technical lumber and forestry thinnings - into industrial wood fibre for MDF manufacturing via Active Energy's AEG WoodFibre division. This vertically integrated model also provides feedstock for the Company's AEG CoalSwitch joint venture, which generates green energy power generation from biomass.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 07, 2016 07:00 ET (12:00 GMT)