12:00 Mon 07 Nov 2016
Active Energy Group - Director Share Purchase
Director Share Purchase
|
Price (£) |
Number of Ordinary Shares Purchased |
Beneficial interest in Ordinary Shares following purchase |
% of Total Voting Rights in the Company following purchase |
|
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) |
|
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 |
|
||||||
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 the Financial instrument, type of instrument |
Ordinary Shares of 1p each |
||||||
Identification code |
|
|||||||
b) |
Nature of the transaction |
Purchase of shares |
||||||
c) |
Price(s) and volume(s) |
|
||||||
d) |
Aggregated information: · Aggregated volume · Price |
|
||||||
e) |
Date of the transaction |
|
||||||
f) |
Place of the transaction |
|
**ENDS**
Enquiries & Further Information
Website |
|
|
www.linkedin.com/company/activeenergy
|
www.twitter.com/aegplc (@aegplc) |
Enquiries |
||
|
Richard Spinks Chief Executive Officer
|
richard.spinks@active-energy.com Int: +380 503 942 702 |
|
Brian Evans-Jones Chief Financial Officer |
brian.evans-jones@active-energy.com UK: +44 (0)7500 861 696 Ukraine: +380 955 227 745 |
Nominated Adviser & Broker
|
Patrick Claridge/David Hignell/Gerry Beaney (Corporate Finance)
John Howes/Rob Rees (Sales and Broking) |
Office: +44 (0)20 3861 6625 |
Financial PR Adviser
|
Susie Geliher/Megan Dennison |
Office: +44 (0) 20 7236 1177 |
About
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:
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 is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of...
FOR OUR FULL DISCLAIMER CLICK HERE