REG - ATOME PLC - Change of Name to ATOME PLC

AtomeAnnouncement

02/02/2024 07:00

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RNS Number : 7744B  ATOME PLC  02 February 2024

2 February 2024

ATOME PLC

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

(formerly ATOME Energy PLC)

 

Change of Name to ATOME PLC

 

ATOME (AIM: ATOM), the only international green fertiliser project development
company on the London Stock Exchange, is pleased to confirm that the name of
the Company has been changed to ATOME PLC, pursuant to the powers granted to
the Directors under the Company's Articles of Association.

 

Shareholdings will be unaffected by the change of name and the Company's
London Stock Exchange ticker (ATOM), ISIN and SEDOL will all remain unchanged.

 

 

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

 

 ATOME 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
 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, Rebecca Hislaire, Saskia Sizen   atome@tavistock.co.uk

 

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated
Adviser and is authorised and regulated by the FCA. Beaumont Cornish's
responsibilities as the Company's Nominated Adviser, including a
responsibility to advise and guide the Company on its responsibilities under
the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed
solely to the London Stock Exchange. Beaumont Cornish is not acting for and
will not be responsible to any other persons for providing protections
afforded to customers of Beaumont Cornish nor for advising them in relation to
the proposed arrangements described in this announcement or any matter
referred to in it.

 

 

About ATOME

ATOME 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.

 

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, The National Ammonia Corporation S.A. was formed by ATOME in
2022 with local partner Cavendish S.A. based in Costa Rica to develop green
fertiliser projects for the region. 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 fertiliser at an industrial scale
using electricity generated from 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.

 

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