Active Energy Group PLC Director Share Purchase (4946O)
07 November 2016 - 11:00PM
UK Regulatory
TIDMAEG
RNS Number : 4946O
Active Energy Group PLC
07 November 2016
7 November 2016
Active Energy Group Plc / EPIC: AEG / Sector: Alternative
Energy
Active Energy Group plc ("Active Energy", "AEG" or the
"Company")
Director Share Purchase
Active Energy, the London quoted renewable energy, forestry
management and timber processing business, has been advised that
the following director purchased ordinary shares of 1p in the
Company ("Ordinary Shares") on 4 November 2016.
Name Price Number of Beneficial % of Total Voting
(GBP) Ordinary interest in Rights in the
Shares Purchased Ordinary Shares Company following
following purchase
purchase
--------- ------- ------------------ ----------------- -------------------
Richard
Spinks
(CEO) 0.0319 147,000 10,372,000 1.57%
--------- ------- ------------------ ----------------- -------------------
__________________________________________________________________________________________________________________
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1. Details of the person discharging managerial
responsibilities / person closely associated
--- ------------------------------------------------------------
a) Name Richard Spinks
--- ------------------------------- ---------------------------
2. Reason for the Notification
--- ------------------------------------------------------------
a) Position/status CEO
--- ------------------------------- ---------------------------
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 Pending
--- ------------------------------- ---------------------------
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 Ordinary Shares of 1p each
the Financial
instrument, type
of instrument
---
Identification
code
--- ------------------------------- ---------------------------
b) Nature of the Purchase of shares
transaction
--- ------------------------------- ---------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) --------- ----------
3.19p 147,000
--------- ----------
--- ------------------------------- ---------------------------
d) Aggregated information:
* Aggregated volume
* Price
--- ------------------------------- ---------------------------
e) Date of the transaction 4 November 2016
--- ------------------------------- ---------------------------
f) Place of the London Stock Exchange, AIM
transaction Market (XLON)
--- ------------------------------- ---------------------------
**ENDS**
Enquiries & Further Information
Website LinkedIn Twitter
---------------------- -------------------------------------- -----------------------
www.active-energy.com www.linkedin.com/company/activeenergy www.twitter.com/aegplc
(@aegplc)
---------------------- -------------------------------------- -----------------------
Enquiries
----------------------------------------------------------------------------------
Active Energy Richard Spinks richard.spinks@active-energy.com
Group Plc Chief Executive Int: +380 503
Officer 942 702
------------------- ----------------------- ------------------------------------
Brian Evans-Jones brian.evans-jones@active-energy.com
Chief Financial UK: +44 (0)7500
Officer 861 696
Ukraine: +380
955 227 745
------------------- ----------------------- ------------------------------------
Northland Capital Patrick Claridge/David Office: +44 (0)20
Partners Limited Hignell/Gerry Beaney 3861 6625
Nominated Adviser (Corporate Finance)
& Broker
John Howes/Rob Rees
(Sales and Broking)
------------------- ----------------------- ------------------------------------
St Brides Partners Susie Geliher/Megan info@stbridespartners.co.uk
Financial PR Dennison Office: +44 (0)
Adviser 20 7236 1177
------------------- ----------------------- ------------------------------------
About Active Energy Group
Active Energy Group Plc ("Active Energy" or "AEG") is an AIM
quoted company operating internationally across the entire timber
supply chain - from forest to factory and fuel.
Active Energy's vertically-integrated business units provide
timberland development services for forestry owners, industrial
wood fibre for MDF manufacturers, and second-generation biomass
coal replacement fuels for industrial power generators.
Active Energy has three divisions:
-- AEG TimberLands: Forestry Asset Management and Development
-- AEG WoodFibre: Industrial Wood Fibre for Medium-Density Fibreboard (MDF) Manufacturing
-- AEG CoalSwitch: Advanced Biomass Coal Replacement Fuels and Fuel Processing Systems
Active Energy's relationships with forestry owners through its
AEG TimberLands operation allows the Company to maximise the value
of its standing timber assets, converting low-grade material -
primarily non-saw logs/technical lumber and forestry thinnings -
into industrial wood fibre for MDF manufacturing via Active
Energy's AEG WoodFibre division. This vertically integrated model
also provides feedstock for the Company's AEG CoalSwitch joint
venture, which generates green energy power generation from
biomass.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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