REG - ATOME PLC - Director/PDMR Shareholding

AtomeAnnouncement

18/10/2024 07:00

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RNS Number : 6786I  ATOME PLC  18 October 2024

 

18 October 2024

 

 
ATOME PLC

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

 

Director / PDMR Shareholding

Olivier Mussat, CEO, acquires a further 1.86% of ATOME

 

 

ATOME (AIM: ATOM), the leading developer of international green fertiliser
projects, announces that ATOME Chief Executive, Olivier Mussat, has today
acquired 900,000 ordinary shares in the Company ("Ordinary Shares") off-market
from Alpha Energies Invest GmbH ("Alpha"), a company owned wholly and
beneficially by ATOME Chairman, Peter Levine, at a price of 75p per Ordinary
Share. The Ordinary Shares represent 1.86% of the issued share capital of the
Company.

 

Following the acquisition, Olivier Mussat now has a beneficial interest in
2,649,899 Ordinary Shares representing 5.46% of the issued share capital of
the Company. Peter Levine is now beneficially interested in 7,693,629 Ordinary
Shares representing 15.86% of the issued share capital of the Company,
comprising 2,504,733 Ordinary Shares held directly and a further 1,630,000
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, through IYA Global Limited, a company beneficially
owned by him, also has an option over 2,038,038 Ordinary Shares held by
Molecular Energies Limited.

 

 

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)

 

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, and Baker Hughes, a
global technology company operating in the energy and industry sectors.

 

 

 

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 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)
     £0.75                                                                          900,000

 d)  Aggregated information                                       n/a (single transaction)

     -    Aggregated volume

     -  Price
 e)  Date of the transaction                                      17 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                                                         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 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)
     £0.75                                                                          900,000

 d)  Aggregated information                                       n/a (single transaction)

     -    Aggregated volume

     -  Price
 e)  Date of the transaction                                      17 October 2024
 f)  Place of the transaction                                     Outside of a trading venue

 

 

 

 

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