Nominated Adviser Status - Update

RNS Number : 4410N

Active Energy Group PLC

18 January 2019

 

Active Energy Group Plc / EPIC: AEG / Sector: Alternative Energy

18 January 2019

Active Energy Group Plc ('Active Energy', 'AEG' or the 'Company')

Nominated Adviser Status - Update

Active Energy, the London quoted international biomass based renewable energy and forestry management business, announces that further to its announcement dated 11 December 2018, the Company intends to transition its Nominated Adviser ('Nomad') role from Northland Capital Partners Limited to SP Angel Corporate Finance LLP ('SP Angel'). 

This process is progressing and SP Angel conducted a site visit to North America this week as part of the take-on process. A further announcement will be made as appropriate.

AEG recognises that, in the unlikely event that the Company fails to appoint SP Angel by 1 February 2019, the Exchange will suspend trading in the Company's AIM Securities.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

**ENDS**

Enquiries & Further Information:

Website	LinkedIn
www.active-energy.com www.aeg-plc.com	www.linkedin.com/company/activeenergy

Enquiries
Active Energy Group Plc	Michael Rowan Chief Executive Officer (Active Energy)	[e-mail]
Northland Capital Partners Limited Nominated Adviser	David Hignell / Gerry Beaney / Domile Andruskeviciute	Office: [phone]
Optiva Securities Ltd Broker	Jeremy King / Ed McDermott	Office: [phone]
St Brides Partners Financial PR Adviser	Susie Geliher / Isabel de Salis	[e-mail] Office: [phone]

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.

 

END

 

 

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