REG - ATOME Energy PLC - Director/PDMR Shareholding

AtomeAnnouncement

01/03/2023 07:45

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RNS Number : 4827R  ATOME Energy PLC  01 March 2023

 

1 March 2023

ATOME ENERGY PLC

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

 

Director / PDMR Shareholding

Olivier Mussat, CEO, purchases 2% of ATOME at £1.062 per Ordinary Share

 

ATOME Energy (AIM: ATOM), the only pure international green hydrogen and
ammonia production company on the London Stock Exchange with current
large-scale projects in Europe and South America as well as hydrogen mobility
projects announces the acquisition of a meaningful shareholding in the Company
by ATOME Chief Executive, Olivier Mussat.

 

Olivier Mussat has today purchased 720,000 ordinary shares in the Company
("Ordinary Shares") at a purchase price corresponding to the Company's most
recent placing price of £1.062 per Ordinary Share off-market from Alpha
Energies Invest GmbH ("Alpha"), a company owned wholly and beneficially by
ATOME Chairman, Peter Levine. The purchased Ordinary Shares represent 2% of
the issued share capital of the Company.

 

Following the purchase, Olivier Mussat now has a beneficial interest in
1,424,566 Ordinary Shares representing 3.95% of the issued share capital of
the Company. Peter Levine is now beneficially interested in 8,731,962 Ordinary
Shares comprising 2,143,066 Ordinary Shares held directly and a further
3,030,000 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).

 

Peter Levine, Chairman, commented:

 

"Olivier has made an excellent impact on the Company since he joined ATOME
from the IFC. I am pleased to facilitate this significant demonstration of his
personal commitment which I believe is not only in his interests but also in
the interest of all shareholders as we grow the company, create markets and
make ATOME into one of the world leaders in our field."

 

For more information, please visit https://www.atomeplc.com
(http://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, Kate Bannatyne
 SP Angel (Joint Broker)                           +44 (0) 20 3490 0470
 Richard Hail, Caroline Rowe
 finnCap (Joint Broker)                            +44 (0) 20 7220 0500
 Christopher Raggett, George Dollemore
 Tavistock (Financial PR and IR)                   +44 (0) 20 7920 3150
 Simon Hudson, Rebecca Hislaire, Charles Baister   atome@tavistock.co.uk

 

The information communicated within this announcement is deemed to constitute
inside information as stipulated under the Market Abuse Regulations (EU) No
596/2014 which is part of UK law by virtue of the European Union (Withdrawal)
Act 2018. The person who arranged for the release of this announcement on
behalf of the Company was Peter Levine, Chairman.

 

 

About ATOME

ATOME Energy PLC is an AIM listed company targeting green hydrogen and ammonia
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 large scale 120MW power
purchase agreement with ANDE, the state energy company in Paraguay for
production of green hydrogen and ammonia targeted to start operations 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 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.

 

 

 

APPENDICES

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Olivier Mussat
 2   Reason for the notification
 a)  Position/status                                              Chief Executive
 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                                    Purchase of Ordinary Shares.
 c)  Price(s) and volume(s)                                                         Price(s)          Volume(s)
     £1.062                                                                         720,000

 d)  Aggregated information                                       n/a (single transaction)

     Aggregated volume

     Price
 e)  Date of the transaction                                      28 February 2023
 f)  Place of the transaction                                     Outside of a trading venue

 

 

 

 

 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                                    Sale of Ordinary Shares.
 c)  Price(s) and volume(s)                                                         Price(s)          Volume(s)
     £1.062                                                                         720,000

 d)  Aggregated information                                       n/a (single transaction)

     Aggregated volume

     Price
 e)  Date of the transaction                                      28 February 2023
 f)  Place of the transaction                                     Outside of a trading venue

 

 

 

 

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