Issue of Equity

RNS Number : 4204M

Active Energy Group PLC

16 July 2014

 



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

Issue of Equity

AEG announces that 450,000 ordinary shares of 1 pence (£0.01) each in the capital of the Company ("Ordinary Shares") (the "Option Shares") have been issued in satisfaction of a former employee's share options.  Application has been made for admission of the Option Shares to trading on AIM, which is expected to take place on 21 July 2014.

Following admission of the Option Shares, the Company's enlarged issued share capital will comprise of 619,475,570 Ordinary Shares with voting rights. The Company holds 62,500,000 Ordinary Shares in Treasury and the figure of 556,975,570 Ordinary Shares may therefore 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.

- ends -

Enquiries:

Active Energy Group plc
Richard Spinks, Chief Executive Officer                                                                 Tel: [phone]

WH Ireland (Nominated Adviser and Broker)    
Chris Fielding / Nick Field                                                                                            Tel: [phone]

Novella Communications
Tim Robertson / Ben Heath                                                                                         Tel: [phone]

 

END

 

 

IOELFFVIDRIELIS