TIDMATOM
RNS Number : 3888A
ATOME Energy PLC
23 May 2023
THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY, AND DOES
NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR
ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE
FOR, ANY SECURITIES OF ATOME ENERGY PLC.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO
ANY PERSON LOCATED OR RESIDENT IN, ANY JURISDICTION WHERE IT IS
UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT. NOT
FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR
INTO THE UNITED STATES, CANADA OR JAPAN.
23 May 2023
ATOME ENERGY PLC
(" Atome ", the " Company " or "the Group")
Additional Issue of New Ordinary Shares
ATOME Energy (AIM: ATOM), the only international green hydrogen
and ammonia project development company on the London Stock
Exchange, with current focus on the large-scale Villeta project in
Latin America, as well as hydrogen mobility projects, announces an
additional issue of new ordinary shares.
As announced on 22 May, the Company has issued 2,526,316 new
ordinary shares ("Subscription Shares") to Baker Hughes ("BH") at a
price of GBP0.95 per share ("Subscription Price").
Following this announcement, the Company is pleased to announce
that it has now issued a further 1,776,317 ordinary shares
("Additional Shares") to additional investors acceptable to the
Company at the same Subscription Price (GBP0.95 per share). SP
Angel acted as broker on this additional fundraising.
In aggregate therefore, taking into account both Subscription
Shares and the Additional Shares, the Company is issuing 4,302,633
new ordinary shares ("New Ordinary Shares"), raising gross proceeds
approximately GBP4.1 million. The gross proceeds arising from the
issue of the New Ordinary Shares will used for general working
capital purposes.
Admission
Application will be made for the 4,302,633 New Ordinary Shares,
which will rank pari passu with the existing shares of the Company,
to be admitted to trading on AIM ("Admission") and it is expected
that Admission will be effective on or around 30 May 2023.
Further information
A copy of this announcement is available on the Company's
website, at https://www.atomeplc.com
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)
Scott Mathieson, Kane Collings +44 (0) 20 3100 2000
SP Angel (Joint Broker)
Richard Hail, Harry Davies-Ball +44 (0) 20 3490 0470
finnCap (Joint Broker)
Christopher Raggett, George Dollemore +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
The information communicated within this announcement is deemed
to constitute inside information as stipulated under the Market
Abuse Regulations (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018. The person who
arranged for the release of this announcement on behalf of the
Company was Peter Levine, Chairman.
About ATOME
ATOME Energy PLC is an AIM listed company targeting green
hydrogen and ammonia production with over 500-megawatt of projects
in Paraguay, Iceland and Central America.
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 120MW power purchase agreement with ANDE, the
state energy company in Paraguay for production of green hydrogen
and ammonia targeted to start operations in 2025. It has procured
30 hectares of land in Villeta, Paraguay for that facility,
mandated Natixis Corporate Investment Bank and the multilateral IDB
Invest to lead the project funding and the FEED study is currently
underway with the international companies Urbas and Casale.
In December 2022, ATOME entered into a joint venture with
Cavendish, the renewable energy arm of the substantial and
well-established Purdy Group based in Costa Rica and formed The
National Ammonia Corporation S.A, which is owned equally by ATOME
and Cavendish.
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 and Costa Rica. 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.
IMPORTANT NOTICES
This Announcement is not for publication or distribution,
directly or indirectly, in or into the United States of America.
This Announcement is not an offer of securities for sale into the
United States. The securities referred to herein have not been and
will not be registered under the U.S. Securities Act of 1933, as
amended, and may not be offered or sold in the United States,
except pursuant to an applicable exemption from registration. No
public offering of securities is being made in the United
States.
This Announcement and the information contained herein, is
restricted and is not for publication, release or distribution,
directly or indirectly, in whole or in part, in or into Australia,
Canada, the Republic of South Africa, Japan or any other
jurisdiction in which such publication, release or distribution
would be unlawful. Further, this Announcement is for information
purposes only and is not an offer of securities in any
jurisdiction.
Beaumont Cornish Limited ("Beaumont Cornish"), which is
authorised and regulated in the United Kingdom by the FCA and is a
member of the London Stock Exchange, is the Company's nominated
adviser for the purposes of the AIM Rules. Beaumont Cornish is
acting exclusively for the Company and will not regard any other
person (whether or not a recipient of this announcement) as a
client and will not be responsible to anyone other than the Company
for providing the protections afforded to its clients nor for
providing advice in relation to the contents of this announcement
or any other matter referred to herein. Beaumont Cornish's
responsibilities as the Company's nominated adviser under the AIM
Rules for Nominated Advisers are owed to the London Stock Exchange
and not to any other person and in particular, but without
limitation, in respect of their decision to acquire Ordinary Shares
in reliance on any part of this announcement. Beaumont Cornish has
not authorised the contents of this announcement for any purpose
and no liability whatsoever is accepted by Beaumont Cornish nor
does it make any representation or warranty, express or implied, as
to the accuracy of any information or opinion contained in this
announcement or for the omission of any information. Beaumont
Cornish expressly disclaims all and any responsibility or liability
whether arising in tort, contract or otherwise which it might
otherwise have in respect of this announcement.
ENDS
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END
MSCNKNBNNBKDBPB
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May 23, 2023 09:40 ET (13:40 GMT)
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