REG - ATOME Energy PLC - Result of AGM

AtomeAnnouncement

25/07/2023 12:45

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RNS Number : 1373H  ATOME Energy PLC  25 July 2023

25 July 2023

 

ATOME ENERGY PLC

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

 

Results of AGM

 

ATOME Energy PLC (AIM: ATOM), the only international green hydrogen, ammonia,
and fertiliser project development company on the London Stock Exchange, with
current large-scale projects in Latin America and Europe, as well as hydrogen
mobility projects, announces that all resolutions proposed to shareholders at
the Company's AGM held at 11.00am today were duly passed.

 

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)              +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
 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

Notes to Editors

 

About ATOME

 

ATOME Energy PLC is an AIM listed company targeting green hydrogen, ammonia,
and fertiliser 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 120MW power purchase
agreement with ANDE, the state energy company in Paraguay for production of
green ammonia to produce industrial scale premium value green fertiliser 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 the international companies 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, and from May 2023,
Baker Hughes, a global energy technology company operating in the energy and
industry sectors.

 

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