REG - Active Energy Group - Nominated Adviser Status - Update

Active EnergyAnnouncement

18/01/2019 07:05

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.aeg-plc.com


www.linkedin.com/company/activeenergy
 







 



Enquiries




Active Energy Group Plc


Michael Rowan
Chief Executive Officer (Active Energy)


michael.rowan@aegplc.com
 




Northland Capital Partners Limited
Nominated Adviser
 


David Hignell / Gerry Beaney / Domile Andruskeviciute


Office: +44 (0)20 3861 6625




Optiva Securities Ltd Broker


Jeremy King / Ed McDermott


Office: +44 (0)20 3137 1902




St Brides Partners
Financial PR Adviser


Susie Geliher / Isabel de Salis


info@stbridespartners.co.uk
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.
 




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