REG - ATOME PLC - Director/PDMR Shareholding

AtomeAnnouncement

17/10/2024 11:00

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RNS Number : 6149I  ATOME PLC  17 October 2024

 

17 October 2024

 

ATOME PLC

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

 

Director / PDMR Shareholding

Further Subscription

Total Voting Rights

 

ATOME (AIM: ATOM), the leading developer of international green fertiliser
projects, gives notice of a Director / PDMR transaction and a further
subscription of new ordinary shares.

 

Director / PDMR Shareholding

Robert Sheffrin, a Director of the Company,has notified the Company that on 11
October 2024 he transferred in an off-market transaction 23,000 ordinary
shares in the Company ("Ordinary Shares") at nil consideration from
certificated form held directly by him, to a CREST account of which he is the
benficial owner.

 

Further to the above, Robert Sheffrin, on 14 October 2024 transferred 10,848
ordinary shares by way of an agency cross trade at 72p into a self-invested
personal pension and 45,737 ordinary shares by way of an agency cross trade at
71p into an individual savings account.

 

Robert Sheffrin remains beneficially interested in 133,672 Ordinary Shares,
representing 0.28% of the issued share capital of the Company. The
notification in the appendix, made in accordance with the requirements of the
Market Abuse Regulations, provides further detail.

 

Further Subscription

The Company announced on 26 September 2024, a subscription and placing for new
shares in the Company at a subscription price of 75p ("Subscription Price").
The Company has arranged a further issue of 58,778 new Ordinary Shares in the
Company at the Issue Price to an adviser amounting to £44,083.50 ("New
Shares"). The monies will be used for additional general working capital
purposes as ATOME develops its world leading major green fertiliser production
projects, the first of which being the 145MW facility in Villeta, Paraguay.
Application will be made for the New Shares, which will rank pari passu with
all existing ordinary shares, to be admitted to trading on AIM ("Admission").
Admission is expected on or around 23 October 2024.

 

Total Voting Rights

Further to Admission, and in conformity with the Disclosure Guidance and
Transparency Rules of the Financial Conduct Authority, the Company's issued
share capital will consist of 48,515,297 ordinary shares of 0.2p each with
voting rights, none of which were held in Treasury.

 
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 (mailto:info@atomeplc.com)

 Beaumont Cornish (Nominated Adviser)             +44 (0) 20 7628 3396

 Roland Cornish, Michael Cornish
 SP Angel (Broker)                                +44 (0) 20 3490 0470

 Richard Hail, Caroline Rowe
 FTI Consulting Limited (Communications Adviser)  +44 (0) 20 3727 1000

 Elizabeth Adams, Ben Brewerton                   atome@fticonsulting.com (mailto:atome@fticonsulting.com)

 

Other information

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.

 

The first project is at Villeta in Paraguay. Villeta benefits from a 145MW
renewable power purchase agreement and 30 hectares of land in a tax free zone.
Front End Engineering Design studies have been completed and Heads of Terms
signed with Yara, the leading international fertiliser company for offtake of
all of Villeta's production. The Company is now in the advanced stages of
negotiating the project finance with a view to closing that and declaring FID
before end 2024. There is a further 300MW of renewable power reserved for
ATOME in Paraguay.

 

In Costa Rica, The National Ammonia Corporation S.A. was formed 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.

 

All power for ATOME is from 100% renewable sources and 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, Schroders, a leading fund manager

 

APPENDIX

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Robert Sheffrin
 2   Reason for the notification
 a)  Position/status                                              Director
 b)  Initial notification/Amendment                               Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         ATOME 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                                                                            23,000

 d)  Aggregated information

     -    Aggregated volume                                       23,000

     -    Price                                                   Nil
 e)  Date of the transaction                                      11 October 2024
 f)  Place of the transaction                                     Outside of a trading venue

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Robert Sheffrin
 2   Reason for the notification
 a)  Position/status                                              Director
 b)  Initial notification/Amendment                               Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         ATOME 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)
     £0.72                                                                          10,848

     £0.71                                                                          45,737

 d)  Aggregated information

     -    Aggregated volume                                       56,585

     -    Price                                                   £0.71
 e)  Date of the transaction                                      14 October 2024
 f)  Place of the transaction                                     Outside of a trading venue

 

 

 

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