REG - Active Energy Group - Correction: Director's Dealings <Origin Href="QuoteRef">AEGR.L</Origin>

Active EnergyAnnouncement

16/07/2015 13:21

RNS Number : 6412R
Active Energy Group PLC
30 June 2015
30 June 2015
Active Energy Group Plc
("Active Energy Group" or the "Group" or the "Company" or "AEG")
Correction: Director's Dealings
The Company's RNS released at 07:00am on 30 June 2015 in relation to the director dealing of Richard Spinks incorrectly stated Mr Spinks' beneficial interest following the transaction. Following this purchase, Mr Spinks is beneficially interested in 9,787,000 Shares, representing approximately 1.75% of the Company's issued share capital. 
All other details remain the same and the full corrected announcement is shown below.
Active Energy Group Plc
("Active Energy Group" or the "Group" or the "Company" or "AEG")
Director's Dealings
Active Energy Group Plc (AIM: AEG.L), the London Stock Exchange AIM-quoted international supplier of industrial wood chip for MDF manufacturing and Biomass for Energy (BFE) power generation, global forestry and natural resources development services, and Biomass for Energy (BFE) fuel solutions and systems announces that it has today been notified that on 29 June 2015 Mr Richard Spinks, Chief Executive Officer and a Director of the Company, purchased 300,000 shares in the capital of the Company ("Shares") at a price of 5.5 pence (0.055) per Share.
Following this purchase, Mr Spinks is beneficially interested in 9,787,000 Shares, representing approximately 1.75% of the Company's issued share capital.
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NOTES TO EDITORS & CONTACT INFORMATION
ABOUT ACTIVE ENERGY GROUP PLC:
Active Energy Group Plc is a London Stock Exchange AIM-quoted company (AIM: AEG.L). Headquartered in the UK, it is a fast-expanding international business, which has experienced exceptionally strong growth and diversification into complementary industry sectors since the current management team assumed responsibility in mid-2012.
The Group has considerable expertise across the entire timber industry supply chain - from forest to finished product. 
Its four specialist business divisions, which reflect its knowledge and experience and which work together to maximise commercial opportunities, focus on providing products and services to specific global market sectors:
 Forestry & Natural Resources Development and Management
 Wood Chip for Medium-Density Fibreboard (MDF) Manufacturing
 Wood Chip for Biomass for Energy (BFE) Power Generation
 Second Generation Biomass for Energy (BFE) Fuel Solutions and Systems
Active Energy Group Plc operates from four international locations:
 Ukraine, where it is the largest producer and exporter of wood chip for MDF manufacturing.
 Canada, where it has entered into a landmark joint venture - KAQUO Forestry & Natural Resources Development Corporation - with several indigenous Mtis Settlements to commercialise in excess of 250,000 hectares of their lands, containing valuable forests and natural resources, including oil and gas reserves.
 Spain, from where it sources finished wood chip for export to international customers.
 United Kingdom, where it operates a research & development facility for new BFE fuel technologies.
Ukraine and Canada, with their large forestry reserves and comprehensive road, rail and sea transport links, are ideal locations from which to source raw timber and manufacture wood chip and fuel pellets for supply to MDF producers and Biomass power plants.
In addition to its existing activities, the Group is actively developing innovative Biomass fuel solutions, converting waste wood and industrial/agricultural by-products into feedstock for clean energy power generation as a direct replacement for coal.
A highly experienced and dedicated management team leads Active Energy Group Plc, each of whom possesses a proven track record in the industries and regions in which it operates and from which its revenues are generated. 
The Company has grown significantly in recent years, and has established a firm foundation, excellent reputation and international customer base upon which to build for the future.
WEBSITE:
LINKEDIN:
TWITTER:
www.active-energy.com
www.linkedin.com/company/activeenergy
www.twitter.com/aegplc (@aegplc)
ENQUIRIES:
Active Energy Group Plc
Richard Spinks
richard.spinks@active-energy.com
Intl.:
+39 344 111 6071
Chief Executive Officer

Ukraine:
+380 503 942 702




Brain Evans-Jones
brian.evans-jones@active-energy.com
UK:
+44 (0)7500 861 696
Chief Financial Officer

Ukraine:
+380 955 227 745




Mark Broomer 
mark.broomer@active-energy.com
Intl.:
+972 (0)54 575 3091
Corporate Communications

UK:
+44 (0)7703 18 88 18




WH Ireland Ltd. (Nominated Adviser and Broker)
Chris Fielding/Mark Leonard

Office:
+44 (0)20 7220 1666

This information is provided by RNS
The company news service from the London Stock Exchange
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