TIDMATOM

RNS Number : 6908Q

ATOME Energy PLC

29 June 2022

29 June 2022

ATOME ENERGY PLC

("ATOME", "the Company", or "the Group")

Result of AGM

ATOME Energy PLC (AIM: ATOM), the international company focused on green hydrogen and ammonia production, sales and marketing with current projects in Iceland and Paraguay, announces that all of the resolutions proposed at its Annual General Meeting held earlier today were duly passed.

For more information, please visit https://www.atomeplc.com or contact:

 
 ATOME Energy PLC                          +44 (0) 113 337 2210 
  Nikita Levine, Investor Relations           info@atomeplc.com 
 Beaumont Cornish (Nominated Adviser) 
  Roland Cornish, Michael Cornish          +44 (0) 20 7628 3396 
 Liberum (Joint Broker) 
  Cameron Duncan, Kane Collings            +44 (0) 20 3100 2000 
 SP Angel (Joint Broker) 
  Richard Hail, Caroline Rowe              +44 (0) 20 3490 0470 
 finnCap (Joint Broker) 
  Christopher Raggett, Tim Harper          +44 (0) 20 7220 0500 
 Tavistock (Financial PR and IR)           +44 (0) 20 7920 3150 
  Simon Hudson, Rebecca Hislaire,         atome@tavistock.co.uk 
  Charles Baister

Notes to Editors

ATOME Energy PLC is an AIM listed company targeting green hydrogen and ammonia production with over 400-megawatt of projects in Paraguay and Iceland, through its subsidiaries ATOME Paraguay, which is wholly owned, and Green Fuel ehf, in which ATOME Energy holds a 75 per cent interest, respectively.

Since its admission to AIM in December 2021 ATOME has signed its first electrolyser purchase order for its hydrogen transport Mobility Division due to start generating revenue in 2023 and signed a large scale 60MW power purchase agreement with ANDE, the state energy company in Paraguay for production of green hydrogen and ammonia targeted to start operations at or around end 2024.

ATOME is in the process of operational planning, sourcing and negotiations with green electricity suppliers, equipment providers and offtake partners, including signed memoranda of understanding and cooperation agreements in place with key parties, to use electricity generated from existing geothermal sources in Iceland and hydroelectric power in Paraguay. All chosen sites are located close to the power and water sources and export facilities to serve significant domestic and then international demand.

The Company has a green-focused Board which is supported by major shareholders including Peter Levine, Trafigura, one of the world's leading commodity and logistics company, and Schroders, a leading fund manager.

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END

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(END) Dow Jones Newswires

June 29, 2022 10:26 ET (14:26 GMT)

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