Active Energy Group PLC Appointment of Non-Executive Director (9110H)
March 16 2018 - 3:00AM
UK Regulatory
TIDMAEG
RNS Number : 9110H
Active Energy Group PLC
16 March 2018
16 March 2018
Active Energy Group Plc / EPIC: AEG / Sector: Alternative
Energy
Active Energy Group Plc ('Active Energy', 'AEG' or the
'Company')
Appointment of Non-Executive Director
Active Energy, the London quoted international biomass based
renewable energy and forestry management business, is pleased to
announce the appointment of Mr Simon Melling as Non-Executive
Director of the Company with immediate effect. Mr Melling, who will
serve on the Company's Audit and Remuneration Committees, is a
highly experienced corporate and commercial specialist with
extensive experience in the growth company arena, both as a CEO of
an AIM listed company and as a corporate finance adviser to growth
companies. His appointment complements the Company's strategy to
promote its unique CoalSwitch(TM) product and forestry management
business to international utility companies, government agencies
and power plant operators and the wider investment community.
Simon Charles Melling (aged 57) is a Chartered Accountant (FCA)
with over 30 years' experience of working in senior roles within
the finance sector, the last 24 of these at board level. During his
career to date he has held the role of CEO of AIM listed
stockbroker Cenkos Securities Limited ('Cenkos'), previously
serving as its Chief Operating Officer and Finance Director
following its listing on AIM in 2006. During his time at Cenkos, Mr
Melling was directly responsible for the running of the finance,
risk control, IT and operations departments, senior roles which he
has also performed within a number of other organisations. He has
had significant involvement with devising and implementing the
corporate strategy of the organisations that he has worked for. In
recent years, Mr Melling has served as a Non-Executive Director on
the boards of a number of companies outside the finance sector,
including property investment, waste management and consumer
finance companies.
Active Energy Executive Chairman, Michael Rowan, said, "I am
delighted to welcome Simon to the board of AEG and we look forward
to working with him as the Company continues to promote its
CoalSwitch(TM) product in global markets. Simon's extensive
commercial and capital markets experience will be invaluable to AEG
as we continue to build the profile of the Company and promote our
unique products and investment proposition to the investment
community. Simon will also provide considerable support to the
wider management team as we implement AEG's strategy of
revolutionising the biomass and international forestry management
sectors through the roll out of our CoalSwitch(TM) plants and
Timberlands business."
The information required by Schedule 2 Paragraph (g) of the AIM
Rules for Companies in relation to the appointment of Simon Melling
is as follows:
Current Directorships Former Directorships
A Vartan Limited within the past 5 years
Vermeer Holdings LLP Ravenscroft Limited
Ravenscroft Investment
Management Limited
Ravenscroft Services
Limited
Huntress (CI) Nominees
Limited
ASG Group Limited
ASG Leasing Limited
ASG (Flight Support)
Limited
Fly ASG Limited
West Grass Hangarage
Limited
Westgrass Hangarage
(No.2) Limited
Westgrass Hangarage
(No 3) Limited
Aircraft Servicing (Guernsey)
Limited
LTS Tax Limited
The Octane PCC Limited
Octane Property Limited
Guernsey Recycling (1996)
Limited
Mitonoptimal International
Limited
Acorn Group Holdings
Limited
Jacksons (CI) Limited
El Sol (Channel Islands)
Limited
Fondon Holdings Limited
Jacksons Vehicle Finance
Ltd
Lamda Limited
MM Car & Van Leasing
Limited
MM Fuels Limited
SHG (1) Limited
Sport Holdings Limited
Trinity Tyres (2004)
Limited
---------------------- -------------------------------
Save as disclosed above, there are no further disclosures
required to be made in respect of the appointment of Simon Melling
under Schedule 2(g) or Rule 17 of the AIM Rules for Companies.
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.linkedin.com/company/activeenergy
www.aeg-plc.com
---------------------- --------------------------------------
Enquiries
----------------------------------------------------------------------------
Active Energy Michael Rowan michael.rowan@aegplc.com
Group Plc Executive Chairman
------------------- ------------------------- ----------------------------
Richard Spinks richard.spinks@aegplc.com
Chief Executive Officer
------------------- ------------------------- ----------------------------
Northland Capital David Hignell/Gerry Office: +44 (0)20
Partners Limited Beaney 3861 6625
Nominated Adviser
------------------- ------------------------- ----------------------------
Optiva Securities Graeme Dickson/Ed Office: +44 (0)20
Ltd Broker McDermott 3137 1902
------------------- ------------------------- ----------------------------
St Brides Partners Susie Geliher info@stbridespartners.co.uk
Financial PR Office: +44 (0)
Adviser 20 7236 1177
------------------- ------------------------- ----------------------------
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. It has two subsidiary
companies:
-- Advanced Biomass Solutions Plc (www.abs-plc.com), which is
commercialising a revolutionary biomass coal replacement fuel,
CoalSwitch(TM); and
-- Timberlands International Ltd, a sustainable international forestry management business.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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