13:00 Thu 10 May 2018
Active Energy Group - Conversion of Loan Notes
Conversion of Loan Notes
Accordingly 7,282,658 new Ordinary Shares (the "Conversion Shares") have been issued to the Noteholder in accordance with the terms of the Notes.
Total Voting Rights
Application has been made for the Conversion Shares, which will rank pari passu with the existing Ordinary Shares, to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and dealings will commence at
Following Admission, the Company's enlarged issued share capital will comprise 1,020,566,741 Ordinary Shares with voting rights. The Company currently holds 33,212,841 Ordinary Shares in
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
**ENDS**
Enquiries & Further Information:
Website |
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www.linkedin.com/company/activeenergy
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Enquiries |
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Michael Rowan Executive Chairman |
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Richard Spinks Chief Executive Officer |
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Nominated Adviser
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David Hignell/Gerry Beaney |
Office: +44 (0)20 3861 6625 |
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Graeme Dickson/Ed McDermott |
Office: +44 (0)20 3137 1902 |
Financial PR Adviser |
Susie Geliher / Isabel de Salis |
Office: +44 (0) 20 7236 1177 |
About
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.
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