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Simec Atlantisenergy: Dealing by PDMR

RNS Number : 3382V

SIMEC Atlantis Energy Limited

14 August 2025

 

 

14 August 2025

 

SIMEC Atlantis Energy Limited

("SAE", the "Company" or, together with its subsidiaries, the "Group")

 

Dealing by PDMR

 

SAE announces that, on 12th August 2025, David Taaffe, COO, exercised 956,522 LTIP options ("Options") over ordinary shares of no par value in the capital of the Company ("Ordinary Shares") at 1.15p per share and 1,033,333 Options at 1.5p per shares, resulting in the issue of a total of 1,989,855 new Ordinary Shares. On the same day, David Taaffe sold 1,989,855 Ordinary Shares at 2.725p per share.

 

Total Voting Rights

 

The new Ordinary Shares are being issued pursuant to the block listing application, as announced on 11th August 2025, therefore the Company is issuing 1,989,855 new Ordinary Shares, following which there are 724,802,190 Ordinary Shares in issue. Shareholders should therefore use this figure as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

 

 

For further information, please contact:

 

SAE
Sean Parsons, Director of External Affairs
+44 (0)7739 832 446
Strand Hanson Limited (Nominated and Financial Adviser)
Richard Johnson
Rory Murphy
David Asquith
+44 (0)20 7409 3494
Zeus Capital Limited (Broker)
Louisa Waddell
Simon Johnson
+44 (0)20 3829 5000
  Notes to Editors SAE is a global developer, owner and operator of sustainable energy projects. SAE owns the world's flagship tidal stream project, MeyGen, and the Uskmouth Power Station site, that is being repurposed into a sustainable energy park that will become one of the UK's largest battery energy storage sites. https://www.saerenewables.com/ SAE recently released a video animation highlighting the scale and benefits of the USEP site. This can be viewed here SAE's strategy: "Building a Sustainable Future to 2035", can be viewed here   Proud to be part of London's universe of Green Economy Equities      
1Details of the person discharging managerial responsibilities / person closely associated
a)Name1. Daivd Taaffe
2Reason for the notification
a)Position/status1. PDMR - COO
b)Initial notification /AmendmentInitial notification
3Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)NameSimec Atlantis Energy Limited
b)LEI21380056V967FGHNU187
4Details 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 instrumentOrdinary shares of no par value
Identification codeSG9999011118
b)Nature of the transactionExercise of share options and market sale
c)Price(s) and volume(s)
Price(s)Volume(s)
Option exercise1.15p956,522
Option exercise1.5p1,033,333
Market sale2.725p956,522
Market sale2.725p1,033,333
d)Aggregated information
- Aggregated volume (sale)1,989,855
- Price (sale)2.725p
e)Date of the transaction12 August 2025
f)Place of the transactionLondon Stock Exchange (XLON)
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