Issue of Equity

RNS Number : 6604G

Active Energy Group PLC

09 May 2014

 

9th May 2014

Active Energy Group Plc
("Active Energy Group" or the "Group" or the "Company" or "AEG")

Issue of 400,000 new ordinary shares

Active Energy Group (AEG), the pan-European supplier of high-quality wood chip and associated products for Biomass for Energy fuel ('BFE') and MDF manufacturing, announces that it has applied for the admission to trading on AIM of 400,000 new ordinary shares of 1 penny each in the capital of the Company issued as consideration for the provision of professional services to the Group. Admission is expected to take place by 15 May 2014.

As a result of the above, AEG's issued share capital and Total Voting Rights (excluding the 62,500,000 shares in treasury) will comprise 556,525,570 ordinary shares, which number may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

Enquiries:

Active Energy Group plc

Richard Spinks, Chief Executive Officer Tel: [phone]

WH Ireland (Nominated Adviser and Broker)

Chris Fielding Tel: [phone]

Novella Communications

Tim Robertson / Ben Heath Tel: [phone]

 

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