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RNS Number : 6318O ATOME PLC 27 June 2025
27 June 2025
ATOME PLC
("ATOME", "the Company", or "the Group")
Posting of Annual Report and Notice of Annual General Meeting
ATOME (AIM: ATOM), the leading international developer of green fertiliser
projects, announces that the Company's 2024 Annual Report & Accounts are
being distributed to shareholders today together with a Notice of Annual
General Meeting ("AGM") to be held on 25 July 2025 at 11 a.m. at The Royal
Army & Navy Club, 36 Pall Mall, London, SW1Y 5JN
Copies of the accounts and notice of AGM are available from the Company's
website, www.atomeplc.com (http://www.atomeplc.com) and from the Company's
registered office Carrwood Park, Selby Road, Leeds, LS15 4LG.
For further information on ATOME, please visit the Company's Curation Connect
showcase at: https://app.curationconnect.com/company/Atome-71605
For more information, please visit https://www.atomeplc.com or contact:
ATOME 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
Stifel (Joint Broker) +44 (0) 20 7710 7600
Jason Grossman, Ashton Clanfield
SP Angel (Joint Broker) +44 (0) 20 3490 0470
Richard Hail, Jen Clarke
FTI Consulting (Communications Adviser) +44 (0) 20 3727 1000
atome@fticonsulting.com (mailto:atome@fticonsulting.com)
Elizabeth Adams, Ben Brewerton
MAR
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. Upon publication of this announcement, this inside information is
now considered to be in the public domain. The person who arranged for the
release of this announcement on behalf of the Company was Peter Levine,
Chairman.
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. ATOME has now created its ATOME POWER division
which is in the early stages of developing a significant green power
generation and infrastructure business. ATOME's projects are situated at the
heart of one of the world's largest food export hubs - the Mercosur region in
the Southern Cone of South America with the Argentinian and Brazilian markets
next door. ATOME's production will disrupt the region's heavy dependence on
imported fossil fuel generated fertilizer, contributing to regional food
security goals.
ATOME's first project in Villeta, Paraguay, benefits from a 145MW renewable
power purchase agreement and 43 hectares of land in a tax-free zone. Front End
Engineering Design studies have been completed and Heads of Terms signed with
Yara International, the leading international fertiliser company, for offtake
of all of Villeta's green fertiliser production. In early 2025, ATOME
announced Hy24, the leading clean hydrogen asset manager, as anchor and lead
equity investor in the project, and confirmed the signing of the US$465
million fixed-price EPC contract with leading ammonia and fertilizer
engineering specialist Casale S.A. The Company is now negotiating the project
finance with a view to commencing work in 2025. There is a further up to 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. Roughly a third of
human-caused GHG emissions is linked to food production according to UN data,
and fertiliser use and production is the source of more emissions than the
shipping and aviation industries combined. ATOME's green Calcium Ammonium
Nitrate product will contribute to decarbonising the food sector from the
bottom up, getting to the root of the food value chain's emissions. ATOME's
renewably-generated fertiliser is both clean and promotes high crop yields,
unlike conventional nitrogen fertiliser which has a heavy carbon footprint.
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.
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.
-ends-
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