Adjournment of General Meeting

RNS Number : 0489Q

Good Energy Group PLC

07 September 2017

 

Good Energy Group PLC

("Good Energy" or the "Company")

Adjournment of General Meeting

The Board of Good Energy confirms that the General Meeting of the Company held on 3pm on Wednesday 6 September 2017 was adjourned indefinitely with the approval of Good Energy's shareholders.

As announced on 24 August 2017, following notification from Ecotricity Group Limited ("Ecotricity"), Good Energy and Ecotricity agreed not to proceed with the requisitioned general meeting of the Company's shareholders ("General Meeting") regarding the proposed appointment of Dale Vince and Simon Crowfoot as non-executive directors of Good Energy. Ecotricity  withdrew its notice under section 303 of the Companies Act 2006 requisitioning the General Meeting.

Enquiries:
Good Energy Group PLC	[phone]
Juliet Davenport, Chief Executive Officer
Denise Cockrem, Chief Financial Officer
Investec Bank plc	[phone]
Jeremy Ellis
Sara Hale
Smithfield Consultants	[phone]
Alex Simmons

Notes to editors:

·      Good Energy is a fast-growing green energy company, generating and selling 100% renewable electricity and green gas to households and businesses across the UK.

·      An AIM-listed PLC, and founding member of the Social Stock Exchange, Good Energy's purpose is to power the choice for a cleaner, greener, future together.

·      The Company has been awarded 4 out of 5 stars by Which? for customer service in 2016 and 2017 and has been awarded 'Best Buy' status by Ethical Consumer.

·      As at 31 December 2016, Good Energy had over 71,400 renewable electricity customers and 44,100 carbon neutral gas customers. It also provides Feed-in Tariff administration services to over 133,000 sites, bringing the total number of customers to 248,500.

·      Good Energy is the owner of Delabole Wind Farm, the UK's first commercial onshore wind farm and owns and operates Hampole Wind Farm, near Doncaster. The Company also owns and operates seven solar farms

·      Good Energy received an average customer advocacy of 45. A net promoter score is an index ranging from -100 to 100 that measures the willingness of customers to recommend a company's products or services to others. It is used as a proxy for gauging the customer's overall satisfaction with a company's product or service and the customer's loyalty to the brand.

·      Good Energy has won a number of awards, including Renewable Energy Association Company of the Year Award 2016, Business Green Company of the Year 2015, and was named Social Impact Company of the Year at the 2014 and 2015 Small Cap awards.

 

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