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ACTIVE ENERGY GROUP PLC

Director's Dealing Nov 7, 2016

7462_dirs_2016-11-07_368daf46-ca73-470f-a534-d911d05b1172.html

Director's Dealing

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National Storage Mechanism | Additional information

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RNS Number : 4946O

Active Energy Group PLC

07 November 2016

7 November 2016

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

Active Energy Group plc ("Active Energy", "AEG" or the "Company")

Director Share Purchase

Active Energy, the London quoted renewable energy, forestry management and timber processing business, has been advised that the following director purchased ordinary shares of 1p in the Company ("Ordinary Shares") on 4 November 2016.

Name Price (£) Number of Ordinary Shares Purchased Beneficial interest in Ordinary Shares following purchase % of Total Voting Rights in the Company following purchase
Richard Spinks (CEO) 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)

Name                                          

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

Active Energy Group plc

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)

Price(s) Volume(s)
3.19p 147,000

d)

Aggregated information:

·      Aggregated volume

·      Price

e)

Date of the transaction

4 November 2016

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

**ENDS**

Enquiries & Further Information

Website LinkedIn Twitter
www.active-energy.com www.linkedin.com/company/activeenergy www.twitter.com/aegplc (@aegplc)
Enquiries
Active Energy Group Plc Richard Spinks

Chief Executive Officer
[email protected]

Int: +380 503 942 702
Brian Evans-Jones

Chief Financial Officer
[email protected]

UK: +44 (0)7500 861 696

Ukraine: +380 955 227 745
Northland Capital Partners Limited

Nominated Adviser & Broker
Patrick Claridge/David Hignell/Gerry Beaney (Corporate Finance)

John Howes/Rob Rees

(Sales and Broking)
Office: +44 (0)20 3861 6625
St Brides Partners

Financial PR Adviser
Susie Geliher/Megan Dennison [email protected]

Office: +44 (0) 20 7236 1177

About Active Energy Group

Active Energy Group Plc ("Active Energy" or "AEG") is an AIM quoted company operating internationally across the entire timber supply chain - from forest to factory and fuel.

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: Advanced Biomass Coal Replacement Fuels and Fuel Processing Systems

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 news service from the London Stock Exchange

END

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