REG - Active Energy Group - Interim Results <Origin Href="QuoteRef">AEGR.L</Origin> - Part 2

Active EnergyAnnouncement

29/09/2017 07:07

- Part 2: For the preceding part double click  ID:nRSc1696Sa 

                                                
 At 1 January 2017                   840,381,500  12,621,134  
 Shares issued for cash              17,623,110   224,430     
 At 30 June 2017                     858,004,610  12,845,564  
                                     Number       US$         
 (Unaudited)                                                  
 At 1 January 2016                   642,158,903  10,099,329  
 Shares issued for cash              -            -           
 At 30 June 2016                     642,158,903  10,099,329  
                                     Number       US$         
 (Audited)                                                    
 At 1 January 2016                   642,158,903  10,099,329  
 Shares issued for cash              198,222,597  2,521,805   
 As at 31 December 2016              840,381,500  12,621,134  
 
 
·     LOSS PER SHARE 
 
                                                   6 months to30 June  6 months to30 June  12 months to 31 December  
                                                   2017                2016                2016                      
                                                   (Unaudited)         (Unaudited)         (Audited)                 
                                                   US$                 US$                 US$                       
 Weighted average ordinary shares in issue         807,344,890         564,658,903         651,515,665               
 Loss after taxation                               (1,959,366)         (956,267)           (2,490,640)               
 Loss per share (pence) - basic and fully diluted  (0.24)              (0.17)              (0.38)                    
 
 
·     Reclassification of assets relating to investments in associates and
joint venture 
 
The Group reported a profit of $1,050,560 on the reclassification of its
investments in its forestry and its revolutionary biomass-for-energy
businesses. The reclassification of those investments means they are now
reported as debts totalling $9,564,292 to be recovered from its affiliate
companies when those businesses are fully developed. 
 
The reclassified debts are subject to formal loan agreements between AEG plc
and both its affiliate companies. The loan agreements have a term of 3 years
and an interest rate of 5%. 
 
·     COPIES OF THE INTERIM REPORT 
 
Copies of the interim report will be made available on the Company's website
at www.active-energy.com. 
 
This announcement contains inside information for the purposes of Article 7 of
Regulation (EU) 596/2014. 
 
Enquiries & Further Information: 
 
 Website                                LinkedIn                                 
 www.active-energy.com www.abs-plc.com  www.linkedin.com/company/activeenergy    
 
 
 Enquiries                                                     
 Active Energy Group Plc                                       Michael RowanNon-Executive Chairman                                                                   michael.rowan@aegplc.com                                 
                                                               Richard SpinksChief Executive Officer                                                                 richard.spinks@aegplc.com                                
                                                               Brian Evans-JonesChief Financial Officer                                                              brian.evans-jones@aegplc.com                             
 Northland Capital Partners LimitedNominated Adviser & Broker  Patrick Claridge/David Hignell/Gerry Beaney (Corporate Finance)John Howes/Rob Rees (Sales & Broking)  Office: +44 (0)20 3861 6625                              
 St Brides PartnersFinancial PR Adviser                        Isabel de Salis/Megan Dennison                                                                        info@stbridespartners.co.ukOffice: +44 (0) 20 7236 1177  
 
 
This information is provided by RNS
The company news service from the London Stock Exchange