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RNS Number : 3675P
Active Energy Group PLC
10 October 2019
 

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

10 October 2019

Active Energy Group Plc

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

Board Changes

 

Active Energy, the London quoted international biomass based renewable energy business announces that Simon Melling, a Non-Executive Director of the Company, has stepped down from the board with immediate effect.  The Company is in the process of appointing his replacement and will update the market in due course.

 

Michael Rowan, CEO of Active Energy, said, "On behalf of the Board I would like to thank Simon for his invaluable contribution throughout his tenure, that saw many changes for the Company. Furthermore, he was integral in devising our future strategy.  I wish him all the best in his future undertakings, where his many skills will surely benefit any future endeavour he will undertake."

 

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

*ENDS*

 

Enquiries

Active Energy Group Plc

Michael Rowan, CEO

Antonio Esposito, COO

 

SP Angel Corporate Finance LLP

Nominated Adviser and Broker

 

David Hignell / Caroline Rowe

Office: +44 (0)20 3470 0470

St Brides Partners

Financial PR Adviser

Isabel de Salis / Priit Piip

[email protected]

Office: +44 (0) 20 7236 1177

 

About Active Energy Group:

Active Energy Group plc is a London listed (AIM: AEG) renewable energy company that has developed a proprietary technology which transforms low-cost biomass material into high-value green fuels.  Its patented product CoalSwitch™ is the world's only drop-in biomass fuel that can be mixed at any ratio with coal or completely replace coal in existing coal-fired power stations without requiring plant modification.

 

Active Energy Group's immediate strategic focus is the production and commercialisation of CoalSwitch™ and SuperFuel™, a low emission CoalSwitch™ blend that utilises waste coal fines. 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
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Quick facts: Active Energy Group PLC

Price: 0.455

Market: LSE
Market Cap: £5.47 m
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