Treasury Policy 

GENERAL : This website has been prepared and issued by The Active Energy Group PLC (the “Issuer”). The Issuer is a public limited company incorporated in England and Wales with registered number 03148295 and its registered office is 27-28 Eastcastle Street, London W1W 8DH. This website contains general information about the Issuer and its business.

This website does not constitute an offer or invitation in respect of the sale or purchase of securities in any jurisdiction, or of any of the businesses or assets described in this website. If, however, an offer to sell or purchase investments is made in the future, it will be subject to the terms of a formal prospectus or equivalent document circulated at the time and not on the basis of the information contained in this website.

This webpage is not intended to constitute a “financial promotion” for the purposes of the Financial Services and Markets Act 2000. The Issuer is neither authorised nor regulated in the conduct of its business by the UK Financial Conduct Authority (FCA).  Any person viewing this website in jurisdictions outside of the UK should inform themselves about and observe any applicable legal requirements. It is the responsibility of every person reading this website to satisfy her/himself as to the full observance of the laws of any relevant country, including obtaining any governmental or other consent which may be required or observing any other formality which needs to be observed in that country. This website has not been approved by any regulatory authority.

This website, including without limitation all text, graphics and images, is protected by intellectual property rights. The contents of this website are not legal, tax, business, investment or other advice. This website and the information contained herein are subject to correction, completion and/or amendment by the Issuer. To the best of the knowledge and belief of the Issuer (who has taken reasonable care to ensure that such is the case), the information contained in this website is in accordance with the facts and does noes omit anything likely to affect the import of such information. Whilst this website has been prepared in good faith, no representation, warranty, assurance or undertaking (express or implied) is or will be made, and no responsibility or liability is or will be accepted by the Issuer, any related undertaking or its or any of their respective officers, employees or agents in relation to the adequacy, accuracy, completeness or reasonableness of this website, or of any other information (whether written or oral), notice or document supplied or otherwise made available to any interested party or its advisors in connection with the information contained in this website and/or the matters contemplated thereby. All and any such responsibility and liability is expressly disclaimed. In particular, but without prejudice to the generality of the foregoing, no representation, warranty, assurance or undertaking is given as to the achievement or reasonableness of any future projections, management estimates, prospects or returns contained in this website, or in such other information, notice or document.

By visiting this website, each recipient agrees to be bound by the limitations set out in this section entitled “Important Information” and elsewhere in this website. Notwithstanding the foregoing, nothing in this website shall exclude any liability for, or remedy in respect of, fraudulent misstatement.

The Active Energy Group PLC reserves the right to update this important information at any time.

CRYPTO TREASURY : The Company may hold a portion of its treasury reserves or surplus cash in select digital assets (commonly referred to as Crypto assets or cryptocurrencies). Whilst the Board of Directors of the Company considers such holding to support the Company’s treasury, diversification objectives and operational flexibility, the Board is aware that the FCA considers investment in cryptoassets to involve a high degree of risk.  An investment in the Company does not constitute and should not be construed as an investment in cryptoasset. However, the Board of Directors of the Company consider select digital assets may serve as a long-term store value within the Company’s treasury reserve framework.  Such an approach is innovative, and the Board of Directors of the Company wish to be clear and transparent with prospective and actual investors in the Company on the Company’s position in this regard.

While the Board recognises that the acquisition of digital assets may offer diversification benefits, it also acknowledges the inherent risks associated with such an asset. Digital assets are highly volatile and speculative, with significant price fluctuations. In certain cases, listed companies that have adopted similar strategies have reported significant dislocations between their market capitalisations and the value of the digital assets held by them. The exposure to digital assets may, in turn, compound and increase volatility in the Company’s share price, potentially diminishing its appeal to some investor segments and ultimately affect the Company’s ability to raise capital in public markets.

The Company is not authorised nor regulated by the FCA. Cryptoassets are currently unregulated in the UK.   As with most other investments, the value of Crypto can go down as well as up, and therefore the value of the Company’s digital asset holdings can fluctuate. The Company may not be able to realise the value of its digital asset reserves. In the absence of regulation over cryptoassets, the Company is not protected by the UK’s Financial Ombudsman Service or the Financial Services Compensation Scheme.

Nevertheless, the Board of Directors of the Company has taken the decision to invest in Crypto, and in doing so is mindful of the special risks Crypto presents to the Company’s financial position. These risks include (but are not limited to): (i) the value of Crypto can be highly volatile, with value dropping as quickly as it can rise. Investors in Crypto must be prepared to lose all money invested in Crypto; (ii) the Crypto market is largely unregulated. There is a risk of losing money due to risks such as cyber-attacks, financial crime and counterparty failure; (iii) the Company may not be able to sell its Crypto at will. The ability to sell Crypto depends on various factors, including the supply and demand in the market at the relevant time. Operational failings such as technology outages, cyber-attacks and comingling of funds could cause unwanted delay; and (iv) crypto assets are characterised in some quarters by high degrees of fraud, money laundering and financial crime. In addition, there is a perception in some quarters that cyber-attacks are prominent which can lead to theft of holdings or ransom demands. The Board of Directors of the Company does not subscribe to such a negative view, especially in relation to our Crypto strategy. However, prospective investors in the Company are encouraged to do your own research before investing.

Data Definitions : The information displayed on this page is derived from a combination of internal company data and publicly available sources. While we strive to provide accurate and up-to-date information, we do not guarantee the accuracy, completeness, or reliability of the data presented. The content is provided for general informational purposes only and should not be relied upon for decision-making without independent verification.

Data is updated periodically after company announcements. Market data, for example share price and Crypto price, is updated with a short delay to the live market price.

Our Crypto Strategy Yield is a key performance indicator (KPI) that reflects the percentage change in the Crypto Per Share for the Company over a specified period of time. Crypto Per Share (CPS) is defined as the ratio of Total Crypto Holdings to Shares In Issue at a particular point in time. The Company uses CPS Yield to assess the performance of its Crypto acquisition strategy, which is intended to be accretive to shareholders.

NAV is defined as the value of our treasury assets, meaning our Crypto holdings combined with the approximate net cash available to be deployed into Crypto.

mNAV is defined as the market cap divided by the value of our treasury assets, showing the premium that the market values the company compared to the value of the treasury.