REG - Active Energy Group - Director/PDMR Shareholding

Active EnergyAnnouncement

13/07/2022 09:00

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RNS Number : 3158S  Active Energy Group PLC  13 July 2022

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

 

13 July 2022

Active Energy Group Plc

("Active Energy" or the "Company")

 

Director / PDMR Shareholding

 

Active Energy, the London quoted international biomass based renewable energy
business, announces the following director dealing in the Company's ordinary
shares of 0.35p each ("Ordinary Shares").

 

On 12 July 2022, Michael Rowan, the Company's Chief Executive Officer,
purchased 1,000,000 Ordinary Shares at an average price of 4.105p per share.
Following the transaction, Michael Rowan is beneficially interested in
1,785,321 Ordinary Shares, representing 1.10% of the Company's total issued
share capital.

 

The FCA notification in respect of the above, made in accordance with the
requirements of the UK Market Abuse Regulation, is appended below.

 

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

                                Andrew Diamond (Chief Financial Officer)

 Allenby Capital Limited        Nick Naylor / James Reeve / Freddie Wooding (Corporate Finance)   Office: +44 (0)20 3328 5656

 Nominated Adviser and Broker   Amrit Nahal (Sales/Corporate Broking)

 Camarco                        Georgia Edmonds / Tom Huddart / Emily Hall                        aeg@camarco.co.uk (mailto:aeg@camarco.co.uk)

 Financial PR Adviser                                                                             Office: +44 (0)20 3757 4980

 

About Active Energy Group:

 

Active Energy Group plc is a London listed (AIM: AEG) renewable energy company
that has developed a proprietary technology which transforms low-cost biomass
material into high-value green fuels. Its patented product CoalSwitch® is the
world's only drop-in biomass fuel that can be mixed at any ratio with coal or
completely replace coal in existing coal-fired power stations without
requiring significant plant modification. Active Energy Group's immediate
strategic focus is the production and commercialisation of CoalSwitch®.

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                          Michael Rowan
 2    Reason for the notification                                  Purchase of shares
 a)   Position/status                                              Chief Executive Officer
 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Active Energy Group Plc
 b)   LEI                                                           213800P9PW3HJ5YJRK43

 
 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted
 a)   Description of the financial instrument, type of instrument   Ordinary Shares of £0.0035 each

      Identification code

                                                                    ISIN: GB00BPG7NS80
 b)   Nature of the transaction                                    Acquisition of shares
 c)   Price(s) and volume(s)                                        Price (p)   No. of shares
                                                                   4.00         100,000
                                                                   4.20         150,000
                                                                   4.10         750,000
 d)   Aggregated information

      - Aggregated volume                                           1,000,000

      - Price                                                       £41,050
 e)   Date of the transaction                                      12 July 2022
 f)   Place of the transaction                                     XLON, London Stock Exchange

d)

Aggregated information

- Aggregated volume

- Price

 

 1,000,000

 £41,050

e)

Date of the transaction

12 July 2022

f)

Place of the transaction

XLON, London Stock Exchange

 

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