TIDMATOM

RNS Number : 5169U

ATOME Energy PLC

24 November 2023

 
 
 

24 November 2023

ATOME ENERGY PLC

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

Director / PDMR Shareholding Transaction

ATOME Energy (AIM: ATOM) ("ATOME"), the only international green fertiliser project development company on the London Stock Exchange, gives notice of a Director / PDMR transaction.

Peter Levine, Chairman, has as part of his continued estate planning today transferred in an off-market transaction 500,000 ordinary shares in the Company ("Ordinary Shares") at nil consideration from shares held directly, as follows:

a. 400,000 of the Ordinary shares to the Peter Levine Foundation, in which neither Peter Levine nor any members of his family are beneficially interested and whose principal objectives are for promoting education and the welfare of the young and,

   b.   100,000 of the Ordinary shares to members of his direct family. 

The Ordinary Shares transferred represent 1.24% of the issued share capital of the Company.

Following the transfers, Peter Levine is now beneficially interested in 7,731,962 Ordinary Shares representing 19.17% of the issued share capital of the Company comprising 1,643,066 Ordinary Shares held directly, a further 2,530,000 Ordinary Shares held in trust for the benefit of Peter Levine by Alpha and 3,558,896 Ordinary Shares held by PLLG Investments Limited (which is wholly owned by PLLG Nominees Limited, all of which is held in trust for Peter Levine).

In addition, IYA Global Limited ("IYA"), a company ultimately beneficially owned by Peter Levine, has the right at any time up to 31 December 2025 to call upon Molecular Energies plc to transfer to IYA or as IYA may direct 2,038,038 ordinary shares in ATOME at a price of GBP1.062p per share.

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 
 Cavendish Capital Markets Limited 
  (Broker) 
  Simon Hicks, George Dollemore            +44 (0) 20 7220 0500 
 Tavistock (Financial PR and IR)           +44 (0) 20 7920 3150 
  Simon Hudson, Charles Baister, Saskia     atome@tavistock.co.uk 
  Sizen 
 

About ATOME

ATOME Energy PLC is an AIM listed company targeting green fertiliser production with 445-megawatt of projects in Paraguay and a further pipeline of potential projects in Central America and Iceland.

Since its admission to AIM in December 2021 ATOME signed a 145MW power purchase agreement with ANDE, the state energy company in Paraguay for acquired 30 hectares of land in Villeta, Paraguay for that facility, mandated Natixis Corporate & Investment Banking and the multilateral IDB Invest to lead the project funding and with Front End Engineering and Design studies currently underway with the international companies Urbas and Casale. ANDE has also allocated a further 300MW for ATOME's second project subject to studies.

In Costa Rica, ATOME has a green fertiliser 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. As well as straddling the Pacific and Atlantic Oceans, Costa Rica is a democratic Central American country. In agriculture, Costa Rica is the second largest supplier of pineapples in the world and is in the top ten banana growers.

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 produce green ammonia at an industrial scale using 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 since May 2023, Baker Hughes, a global energy technology company operating in the energy and industry sectors.

APPENDIX

 
       Details of the person discharging managerial responsibilities/person 
  1     closely associated 
 a)    Name                                            Peter Levine 
      ----------------------------------------------  ---------------------------------------- 
       Reason for the notification 
  2 
      ---------------------------------------------------------------------------------------- 
 a)    Position/status                                 Chairman 
      ----------------------------------------------  ---------------------------------------- 
 b)    Initial notification/Amendment                  Initial notification 
      ----------------------------------------------  ---------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      ---------------------------------------------------------------------------------------- 
 a)    Name                                            ATOME Energy PLC 
      ----------------------------------------------  ---------------------------------------- 
 b)    LEI                                             213800PLO4T7BYXL5I51 
      ----------------------------------------------  ---------------------------------------- 
       Details of the transaction(s): section to be repeated for (i) 
  4     each type of instrument; (ii) each type of transaction; (iii) 
        each date; and (iv) each place where transactions have been conducted 
      ---------------------------------------------------------------------------------------- 
 a)    Description of the financial                    Ordinary shares of 0.2 pence each 
        instrument, type of instrument 
 
        Identification code                             ISIN: GB00BP4BSM10 
      ----------------------------------------------  ---------------------------------------- 
 b)    Nature of the transaction                       Transfer of Ordinary Shares. 
      ---------------------------------------------- 
 c)    Price(s) and volume(s)                           Price(s)            Volume(s) 
      ----------------------------------------------   ------------------  ----------------- 
    NIL                                                                     500,000 
   ----------------------------------------------------------------------  ----------------- 
 
 d)      Aggregated information 
 
           *    Aggregated volume                        500,000 
 
                                                         Nil 
 
           *    Price 
      ----------------------------------------------  ---------------------------------------- 
 e)    Date of the transaction                         24 November 2023 
      ----------------------------------------------  ---------------------------------------- 
 f)    Place of the transaction                        Outside of a trading venue 
      ----------------------------------------------  ---------------------------------------- 
 

-ends-

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