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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.375 | 0.35 | 0.40 | 0.375 | 0.375 | 0.375 | 765,380 | 08:00:18 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Business Services, Nec | 0 | -1.34M | -0.0083 | -0.45 | 598.89k |
TIDMAEG
RNS Number : 3494E
Active Energy Group PLC
06 July 2021
Active Energy Group Plc / EPIC: AEG / Sector: Alternative Energy
6 July 2021
Active Energy Group Plc
("Active Energy", "AEG", or the "Company")
Holding(s) in Company
Active Energy, the London quoted renewable energy company focused on the production and development of next generation biomass products, was notified on 5 July 2021 that Gravendonck Private Foundation ("Gravendonck") has disposed of a total of 121,625,000 ordinary shares of 0.01p each in the Company ("Ordinary Shares").
The disposals took place over various dates as summarised in the table below (the "Disposals"):
Date of Disposal Number of Ordinary Price of Disposal Shares (p) 4 March 2021 4,000,000 1.15 ------------------- ------------------ 7 April 2021 5,000,000 1.0 ------------------- ------------------ 12 April 2021 8,500,000 0.938 ------------------- ------------------ 30 April 2021 8,500,000 0.84 ------------------- ------------------ 7 June 2021 46,500,000 0.7 ------------------- ------------------ 2 July 2021 49,125,000 0.6 ------------------- ------------------
Following the Disposals, Gravendonck is beneficially interested in 832,362,189 Ordinary Shares, representing 21.3% of the Company's total issued share capital with voting rights.
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.
ENDS
Enquiries Active Energy Group Michael Rowan (Chief info@aegplc.com Plc 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 (Corporate Finance) Joint Broker Rob Rees (Sales) ------------------------------ ------------------- Allenby Capital Limited Nick Naylor/James Reeve Office: +44 (0)20 Joint Broker (Corporate Finance) 3328 5656 Amrit Nahal (Sales/Corporate Broking) ------------------------------ ------------------- Camarco Gordon Poole / Tom Huddart aeg@camarco.co.uk Financial PR Adviser / 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 focused on the production and development of next generation biomass products that have the potential to transform the traditional coal-fired power industry and existing renewable biomass industry.
The Company has developed a proprietary technology which transforms waste biomass material into high-value renewable fuels. Its patented product CoalSwitch(TM) is a leading drop-in renewable fuel that can be co-fired with coal, completely replace coal as an alternative feedstock without requiring significant plant modifications or replace existing biomass feedstock resources. Active Energy Group's immediate strategic focus is the production and commercialisation of CoalSwitch(TM) and further CoalSwitch(TM) fuel blends that utilise other waste wood and residual materials.
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END
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(END) Dow Jones Newswires
July 06, 2021 10:00 ET (14:00 GMT)
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