REG - Active Energy Group - Result of Placing and Total Voting Rights

Active EnergyAnnouncement

30/04/2026 17:15

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RNS Number : 6756C  Active Energy Group PLC  30 April 2026

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN
OR THE REPUBLIC OF SOUTH AFRICA OR NEW ZEALAND OR ANY OTHER JURISDICTION IN
WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

 

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE OR
CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION, OFFER OR ADVICE TO ANY
PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY SECURITIES IN
ACTIVE ENERGY GROUP PLC OR ANY OTHER ENTITY IN ANY JURISDICTION. NEITHER THIS
ANNOUNCEMENT NOR THE FACT OF ITS DISTRIBUTION SHALL FORM THE BASIS OF, OR BE
RELIED ON IN CONNECTION WITH, ANY INVESTMENT DECISION IN RESPECT OF ACTIVE
ENERGY GROUP PLC OR ANY OTHER ENTITY.

THE CONTENT OF THIS ANNOUNCEMENT HAS NOT BEEN APPROVED BY AN AUTHORISED PERSON
WITHIN THE MEANING OF THE FINANCIAL SERVICES AND MARKETS ACT 2000. RELIANCE ON
THIS ANNOUNCEMENT FOR THE PURPOSE OF ENGAGING IN ANY INVESTMENT ACTIVITY MAY
EXPOSE AN INDIVIDUAL TO A SIGNIFICANT RISK OF LOSING ALL OF THE PROPERTY OR
OTHER ASSETS INVESTED.

 

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO
CONSTITUTE INSIDE INFORMATION STIPULATED UNDER THE MARKET ABUSE REGULATION
(EU) NO. 596/2014 AS IT FORMS PART OF THE DOMESTIC LAW OF THE UNITED
KINGDOM BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (AS AMENDED)
("MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA THE REGULATORY
INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE
PUBLIC DOMAIN.

 

30 April 2026

Active Energy Group plc

 

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

 

Result of Placing and Total Voting Rights

 

Active Energy (AIM: AEG, OTCQB: ATGVF), an alternative energy company
focused on the deployment of renewable infrastructure and the integration of
advanced digital technologies, announces that, further to the announcement at
5:01 p.m. on 30 April 2026 (the "Announcement"), it has conditionally
completed and closed the Placing to raise gross proceeds of £1.3 million
(before expenses). The Placing was covered by a limited number of very
supportive investors.

 

The Placing Price of 0.0825 pence represents a discount of 23 per cent. to the
closing middle market price of 0.1075 pence per Ordinary Shares on 29 April
2026, being the last business day prior to the announcement of the Placing.

 

Zeus Capital Limited acted as Bookrunner for and on behalf of the Company in
respect of the Placing. The Placing was undertaken through an accelerated
bookbuild process.

 

The Placing has conditionally raised gross proceeds of £1.3 million through
the placing of 1,575,757,576 Placing Shares to certain institutional and other
investors.

 

 

Related Party Transaction

 

John Story is a substantial shareholder of AEG and has agreed to subscribe for
606,060,600 Ordinary Shares in the Placing. Accordingly, John Story's
participation in the Placing is classified as a related party transaction
pursuant to the AIM Rules for Companies. The Directors of AEG (all of which
are independent of the Transaction) having consulted with Zeus, the Nominated
Adviser for AEG, consider that the terms of John Story's participation in the
Placing are fair and reasonable insofar as the AEG shareholders are concerned.

 

Admission

Application will be made to the London Stock Exchange for admission of the
1,575,757,576  Placing Shares to trading on AIM ("Admission"). It is expected
that Admission will become effective and dealings in the Placing Shares will
commence at 8.00 a.m. on 8 May 2026.

Following the Admission, the Company's issued ordinary share capital will
comprise 6,801,240,360 Ordinary Shares, with no shares held in treasury.
Therefore, the number of total voting rights in the Company will be
6,801,240,360, and this figure may be used by Shareholders as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the voting rights
of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Capitalised terms used but not defined in this announcement have the meanings
given to them in the Company's announcement released at 5.01 p.m. on 30 April
2026 in respect of the Placing unless the context provides otherwise.

Enquiries:

 

 Active Energy Group Plc                  Paul Elliott (CEO)                                      info@aegplc.com

                                          Pankaj Rajani (Non-Executive Chairman)

 Zeus                                     Antonio Bossi / Darshan Patel                           Tel: +44 (0) 203 829 5000

 Nomad and Broker                         (Investment Banking)

                                          Nick Searle                                             Tel: +44 (0) 203 829 5633

                                          (Equity Capital Markets)

 Website                                  LinkedIn                                                 'X'

 www.aegplc.com (http://www.aegplc.com/)  www.linkedin.com/in/active-energy-group-plc/            (@aegplc) / X (https://x.com/aegplc)
                                          (http://www.linkedin.com/in/active-energy-group-plc/)

 

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