Active Energy Group PLC Nominated Adviser Status - Update (4410N)

TIDMAEG

RNS Number : 4410N

Active Energy Group PLC

18 January 2019

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

18 January 2019

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

Nominated Adviser Status - Update

Active Energy, the London quoted international biomass based renewable energy and forestry management business, announces that further to its announcement dated 11 December 2018, the Company intends to transition its Nominated Adviser ('Nomad') role from Northland Capital Partners Limited to SP Angel Corporate Finance LLP ('SP Angel').

This process is progressing and SP Angel conducted a site visit to North America this week as part of the take-on process. A further announcement will be made as appropriate.

AEG recognises that, in the unlikely event that the Company fails to appoint SP Angel by 1 February 2019, the Exchange will suspend trading in the Company's AIM Securities.

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                         [e-mail] 
  Plc                     Chief Executive Officer (Active 
                          Energy) 
                        ---------------------------------  ---------------------------- 
 Northland Capital       David Hignell / Gerry Beaney                 Office: +44 (0)20 
  Partners Limited        / Domile Andruskeviciute                            3861 6625 
  Nominated Adviser 
                        ---------------------------------  ---------------------------- 
 Optiva Securities       Jeremy King / Ed McDermott                   Office: +44 (0)20 
  Ltd Broker                                                                  3137 1902 
                        ---------------------------------  ---------------------------- 
 St Brides Partners      Susie Geliher / Isabel de          [e-mail] 
  Financial PR Adviser    Salis                                      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 [e-mail] or visit www.rns.com.

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January 18, 2019 02:00 ET (07:00 GMT)