REG - Active Energy Group - Update on Newfoundland and Labrador
RNS Number : 5324AActive Energy Group PLC12 September 2018Active Energy Group Plc / EPIC: AEG / Sector: Alternative Energy
12th September 2018
Active Energy Group Plc ('Active Energy' or the 'Company')
Update on the Application for Newfoundland and Labrador
Active Energy, the London quoted international biomass based renewable energy and forestry management business, announces confirms, further to the announcement after the AGM on 23rd July 2018, the application process for the Crown Timber Licence and Forestry Management Agreement has continued with the Government of the Province of Newfoundland and Labrador ( the "Government'). The Government has confirmed to the Company that the application and award process remains under the final stages of active review by all relevant Government Departments. Further announcements will be made as soon as practicable.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
**ENDS**
Enquiries & Further Information:
Website
www.aeg-plc.com
www.linkedin.com/company/activeenergy
Enquiries
Active Energy Group Plc
Michael Rowan
Executive Chairman
michael.rowan@aegplc.com
Richard Spinks
Chief Executive Officer
richard.spinks@aegplc.com
Northland Capital Partners Limited
Nominated Adviser
David Hignell/Gerry Beaney
Office: +44 (0)20 3861 6625
Optiva Securities Ltd Broker
Graeme Dickson/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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