RCS - Active Energy Group - Award of trademarks

Active EnergyAnnouncement

21/06/2023 07:00

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RNS Number : 3433D  Active Energy Group PLC  21 June 2023

Reach - non-regulatory announcement*

 

21 June 2023

 

Active Energy Group Plc

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

 

Award of trademarks

 

Active Energy (AIM:AEG, OTCQB:ATGVF), the international biomass based
renewable energy business, is pleased to announce it has received a trademark
for the registration of CoalSwitch® in the European Union.

 

The European Union Intellectual Property Office has issued Trademark
Registration No. 018826869 for CoalSwitch®. The trademark follows earlier
trademarks in the United States and UK and is an important step for AEG as it
grows its intellectual property portfolio through the continued development of
its CoalSwitch® technology.

 

AEG's next generation biomass technology, CoalSwitch®, has been shown to
reduce CO(2) emissions by up to 99 per cent. compared to coal and up to 97 per
cent. compared to natural gas in an independent report from Life Cycle
Associates. This is in addition to independent testing carried out under the
STEP programme that showed this fuel can readily co-fire with coal and in
doing so significantly reduces emissions and produces fewer pollutants.

 

Michael Rowan, CEO of Active Energy, commented: "The award of this trademark
is another great step for AEG and the development of CoalSwitch®. We now have
trademarks in the US, UK and European Union and we continue to focus on
protecting and growing our intellectual property portfolio as we deliver on
our strategy of producing a next generation biomass pellet."

 

Enquiries:

 Active Energy Group Plc        Michael Rowan (Chief Executive Officer)                                 info@aegplc.com

                                Michelle Fagan (Chief Financial Officer)
 Allenby Capital Limited        Nick Naylor/James Reeve/Daniel Dearden-Williams (Corporate Finance)   Office: +44 (0)20 3328 5656

 Nominated Adviser and Broker   Amrit Nahal (Sales/Corporate Broking)
 Camarco                        Tom Huddart / Emily Hall / Lily Pettifar                              aeg@camarco.co.uk (mailto:aeg@camarco.co.uk)

 Financial PR Adviser                                                                                 Office: +44 (0)20 3757 4980
 Scoville PR                    John Williams                                                         aeg@camarco.co.uk

 US PR Adviser

 

 Website         LinkedIn                                Twitter
 www.aegplc.com  www.linkedin.com/company/activeenergy   https://twitter.com/aegplc (https://twitter.com/aegplc)

                                                        @aegplc

 

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