Source - Alliance News

Active Energy Group PLC - London-based biomass-focused renewable energy developer - Calls delayed annual general meeting for February 27. The company’s AGM is normally held in July but the 2024 meeting was delayed due to a delay to its publication of 2023 results. This resulted in Active Energy shares being suspended from trading on AIM. The results were released in December, and the shares resumed trading.

Last week, Active Energy said Non-Executive Chair James Leahy will leave the board at the AGM. It didn’t announce a successor but appointed two new directors, Paul Elliott and Pankaj Rajani, both effective immediately. Additionally, Michael Rowan will cease to be chief executive officer but will remain temporarily as a non-executive director, before leaving the board.

Current stock price: 0.37 pence

12-month change: down 4.0%

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