We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Active Energy Group Plc | LSE:AEG | London | Ordinary Share | GB00BPG7NS80 | ORD GBP0.0035 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.015 | -6.67% | 0.21 | 0.17 | 0.25 | 0.225 | 0.21 | 0.225 | 3,957,136 | 09:17:07 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Business Services, Nec | 0 | -1.34M | -0.0083 | -0.25 | 339.91k |
TIDMAEG
RNS Number : 1755D
Active Energy Group PLC
05 October 2018
Active Energy Group Plc / EPIC: AEG / Sector: Alternative Energy
5 October 2018
Active Energy Group Plc ('Active Energy' or the 'Company')
Changes in Equity
Active Energy, the London quoted international biomass based renewable energy and forestry management business, announces that a holder of convertible loan notes issued by the Company on 14 March 2018 (the "Notes") has elected to convert a total of 150,000 Notes into new ordinary shares of GBP0.01 each in the capital of the Company ("Ordinary Shares") pursuant to the terms of the Notes.
Accordingly, 4,081,955new Ordinary Shares (the "Conversion Shares") have been issued to the noteholder in accordance with the terms of the Notes.
Additionally, the Company haselected to cancel the 33,212,841 Ordinary Shares of which are held in Treasury (the "Cancellation Shares"). The Cancellation Shares were part of the62,500,000 Ordinary Shares that the Company transferred to Treasury in 2014 (the "Treasury Shares"), as detailed in the Company'sannouncement dated 8 May 2014. The balance of 29,287,159Treasury Shares had been previously allotted to a strategic partner, as detailed in the Company's announcement dated 24 November 2016.
Total Voting Rights
Application has been made for the Conversion Shares, which will rank pari passu with the existing Ordinary Shares, to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and dealings will commence at 8:00am on or around 11 October2018.
Following the above changes, the Company's enlarged issued share capital will comprise1,036,906,951Ordinary Shares with voting rights. The Company will no longerhold any Treasury Shares and therefore the figure of1,036,906,951Ordinary Shares may therefore be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
**ENDS**
Enquiries & Further Information:
Website LinkedIn www.active-energy.com www.linkedin.com/company/activeenergy www.aeg-plc.com -------------------------------------- Enquiries Active Energy Group Michael Rowan michael.rowan@aegplc.com Plc Chief Executive Officer ---------------------------- ---------------------------- Richard Spinks richard.spinks@aegplc.com Executive Director ---------------------------- ---------------------------- Northland Capital David Hignell/Gerry Beaney Office: +44 (0)20 Partners Limited 3861 6625 Nominated Adviser ---------------------------- ---------------------------- Optiva Securities Graeme Dickson/Ed McDermott Office: +44 (0)20 Ltd Broker 3137 1902 ---------------------------- ---------------------------- St Brides Partners Susie Geliher / Gaby Jenner info@stbridespartners.co.uk Financial PR Adviser Office: +44 (0) 20 7236 1177 ---------------------------- ----------------------------
About Active Energy Group:
Active Energy Group Plc (AIM: AEG.L) is a London Stock Exchange-listed international renewable energy business based upon forestry assets. Its model is focussed on capturing the entire forestry value chain through sourcing, utilising and commercialising assets, and setting a new standard in the sustainable management and optimisation of timber resources.
The Company is led by a highly technical and commercial team with the experience to execute its defined growth strategy and build its visibility, primarily as a London-listed timber opportunity with a revolutionary biomass fuel technology.
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.
END
CONKMMGGFKVGRZM
(END) Dow Jones Newswires
October 05, 2018 10:01 ET (14:01 GMT)
1 Year Active Energy Chart |
1 Month Active Energy Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions