ATOME Energy PLC Result of AGM (1373H)
25 July 2023 - 9:43PM
UK Regulatory
TIDMATOM
RNS Number : 1373H
ATOME Energy PLC
25 July 2023
25 July 2023
ATOME ENERGY PLC
("ATOME", "the Company", or "the Group")
Results of AGM
ATOME Energy PLC (AIM: ATOM), the only international green
hydrogen, ammonia, and fertiliser project development company on
the London Stock Exchange, with current large-scale projects in
Latin America and Europe, as well as hydrogen mobility projects,
announces that all resolutions proposed to shareholders at the
Company's AGM held at 11.00am 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)
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
Notes to Editors
About ATOME
ATOME Energy PLC is an AIM listed company targeting green
hydrogen, ammonia, and fertiliser 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 120MW power purchase agreement with ANDE, the state energy
company in Paraguay for production of green ammonia to produce
industrial scale premium value green fertiliser 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, and from May 2023, Baker Hughes, a global
energy technology company operating in the energy and industry
sectors.
-ends-
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