REG - ATOME Energy PLC - Director / PDMR Shareholding Transaction

AtomeAnnouncement

24/11/2023 07:00

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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 £1.062p per share.

 

For more information, please visit https://www.atomeplc.com
(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)          +44 (0) 20 7628 3396
 Roland Cornish, Michael Cornish
 Liberum (Joint Broker)                        +44 (0) 20 3100 2000
 Scott Mathieson, Kane Collings
 SP Angel (Joint Broker)                       +44 (0) 20 3490 0470
 Richard Hail, Harry Davies-Ball
 Cavendish Capital Markets Limited (Broker)    +44 (0) 20 7220 0500
 Simon Hicks, George Dollemore
 Tavistock (Financial PR and IR)               +44 (0) 20 7920 3150
 Simon Hudson, Charles Baister, Saskia Sizen   atome@tavistock.co.uk

 

 

 

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

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Peter Levine
 2   Reason for the notification
 a)  Position/status                                              Chairman
 b)  Initial notification/Amendment                               Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         ATOME Energy PLC
 b)  LEI                                                          213800PLO4T7BYXL5I51
 4   Details of the transaction(s): section to be repeated for (i) 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 instrument, type of instrument  Ordinary shares of 0.2 pence each

     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

     -  Price                                                     Nil
 e)  Date of the transaction                                      24 November 2023
 f)  Place of the transaction                                     Outside of a trading venue

 

 

 

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