AIM - Schedule One Update - ATOME Energy PLC
17/12/2021 07:59
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RNS Number : 9428V AIM 17 December 2021
ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE
WITH RULE 2 OF THE AIM RULES FOR COMPANIES ("AIM RULES")
COMPANY NAME:
ATOME Energy PLC ("ATOME" or the "Company")
COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS
(INCLUDING POSTCODES) :
Registered Office:
Carrwood Park
Selby Road
Leeds
England
LS15 4LG
COUNTRY OF INCORPORATION:
England and Wales
COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:
www.atomeplc.com
COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, IN THE CASE OF AN
INVESTING COMPANY, DETAILS OF ITS INVESTING POLICY). IF THE ADMISSION IS
SOUGHT AS A RESULT OF A REVERSE TAKE-OVER UNDER RULE 14, THIS SHOULD BE
STATED:
ATOME Energy PLC was formed by AIM-traded President Energy, for the purpose of
producing, marketing and distributing green hydrogen and ammonia. Hydrogen is
widely considered a key part of the matrix of renewable power sources
necessary to meet net zero carbon emissions targets by 2050. Ammonia which is
made from hydrogen is also a carrier for hydrogen. Green hydrogen and ammonia
(made through renewable energy) is expected to be a rapidly growing market, in
which ATOME intends to be at the forefront.
The Company has two operating subsidiaries, ATOME Paraguay based in Paraguay,
and Green Fuel based in Iceland. Both subsidiaries have commenced operational
planning, sourcing and negotiations with green electricity suppliers,
equipment providers and offtake partners.
The proceeds from the placing following Admission are principally expected to
be used to progress ATOME Paraguay and Green Fuel's detailed planning and
development activities ahead of the formal commitments on plant procurement
and infrastructure investment, general working capital for the Group and to
meet the costs and expenses of Admission.
DETAILS OF SECURITIES TO BE ADMITTED INCLUDING ANY RESTRICTIONS AS TO TRANSFER
OF THE SECURITIES (i.e. where known, number and type of shares, nominal value
and issue price to which it seeks admission and the number and type to be held
as treasury shares):
Number of ordinary shares of 0.2 pence par value ("Ordinary Shares") for which
Admission is being sought: 32,500,000
There are no restrictions as to the transferability of the Ordinary Shares.
The issue price of the new Ordinary Shares is 80 pence (the "Placing Price").
No Ordinary Shares are or will be held in treasury on Admission.
CAPITAL TO BE RAISED ON ADMISSION (AND/OR SECONDARY OFFERING) AND ANTICIPATED
MARKET CAPITALISATION ON ADMISSION:
Capital to be raised on Admission: £6 million
Anticipated market capitalisation on Admission £26 million (at the issue
price of 80p)
PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:
57.9%
DETAILS OF ANY OTHER EXCHANGE OR TRADING PLATFORM TO WHICH THE AIM SECURITIES
(OR OTHER SECURITIES OF THE COMPANY) ARE OR WILL BE ADMITTED OR TRADED:
None
FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS (underlining the
first name by which each is known or including any other name by which each is
known):
Peter Michael Levine - Non-Executive Chairman
Richard Joseph Day - Deputy Chairman and Senior Independent Non-Executive
Director
Olivier Charles Frederic Mussat - Chief Executive Officer
James (Jim) Edward Clifton Spalding (Hellmers) - Director and President of
Atome Paraguay
Robert Anthony Sheffrin FCA - Finance Director
Nikita Petrovich Levine - Director
Mary-Rose de Valladares (nee Szoka) - Independent Non-Executive director
FULL NAMES AND HOLDINGS OF SIGNIFICANT SHAREHOLDERS EXPRESSED AS A PERCENTAGE
OF THE ISSUED SHARE CAPITAL, BEFORE AND AFTER ADMISSION (underlining the first
name by which each is known or including any other name by which each is
known):
Pre Admission Post Admission
Name Shares % Shares %
President Energy PLC 21,250,000 85.00% 9,072,045 27.91%
Alpha Oil Invest GmbH(1) 3,750,000 15.00% 3,750,000 11.54%
PLLG Investments Limited(2) - - 3,558,896 10.95%
Peter Levine(3) - - 1,813,500 5.58%
Urion Holdings (Malta) Limited - - 1,980,732 6.09%
Schroders investment Management Limited - - 1,688,014 5.19%
Notes:
(1) Alpha Oil Invest GMBH is wholly owned by Peter Levine( )
(2 )The shareholder of PLLG Investments Limited is PLLG Nominees Limited, 100%
of which is held in trust for Peter Levine
(3 )Owned directly by Peter Levine
NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH
(H) OF THE AIM RULES:
PLLG Limited (which has provided administrative support services in relation
to the Admission).
(i) ANTICIPATED ACCOUNTING REFERENCE DATE
(ii) DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE
ADMISSION DOCUMENT HAS BEEN PREPARED (this may be represented by unaudited
interim financial information)
(iii) DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS
PURSUANT TO AIM RULES 18 AND 19:
(i) 31 December;
(ii) 30 June 2021 in respect of main operating subsidiaries; and 31
October 2021 in respect of the Company;
(iii) 30 June 2022 (audited results for the period from incorporation to 31
December 2021);
30 September 2022 (half-yearly accounts for the six-month period ended 30 June
2022); and
30 June 2023 (annual audited accounts for the year ended 31 December 2022)
EXPECTED ADMISSION DATE:
30 December 2021
NAME AND ADDRESS OF NOMINATED ADVISER:
Beaumont Cornish Limited
Building 3,
Chiswick Park,
566 Chiswick High Road,
London W4 5YA
NAME AND ADDRESS OF BROKER:
Joint Brokers:
SP Angel Corporate Finance LLP
Prince Frederick House
35-39 Maddox Street
London W1S 2PP
finnCap Limited
1 Bartholomew Close
London EC1A 7BL
OTHER THAN IN THE CASE OF A QUOTED APPLICANT, DETAILS OF WHERE (POSTAL OR
INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A
STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE
ADMISSION OF ITS SECURITIES:
The AIM Admission Document, which contains full details of the applicant and
admission of its securities, will be available from the Company's website:
www.atomeplc
THE CORPORATE GOVERNANCE CODE THE APPLICANT HAS DECIDED TO APPLY
QCA Corporate Governance Code
DATE OF NOTIFICATION:
17 December 2021
NEW/ UPDATE:
UPDATE
Notes:
(1) Alpha Oil Invest GMBH is wholly owned by Peter Levine( )
(2 )The shareholder of PLLG Investments Limited is PLLG Nominees Limited, 100%
of which is held in trust for Peter Levine
(3 )Owned directly by Peter Levine
NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH
(H) OF THE AIM RULES:
PLLG Limited (which has provided administrative support services in relation
to the Admission).
(i) ANTICIPATED ACCOUNTING REFERENCE DATE
(ii) DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE
ADMISSION DOCUMENT HAS BEEN PREPARED (this may be represented by unaudited
interim financial information)
(iii) DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS
PURSUANT TO AIM RULES 18 AND 19:
(i) 31 December;
(ii) 30 June 2021 in respect of main operating subsidiaries; and 31
October 2021 in respect of the Company;
(iii) 30 June 2022 (audited results for the period from incorporation to 31
December 2021);
30 September 2022 (half-yearly accounts for the six-month period ended 30 June
2022); and
30 June 2023 (annual audited accounts for the year ended 31 December 2022)
EXPECTED ADMISSION DATE:
30 December 2021
NAME AND ADDRESS OF NOMINATED ADVISER:
Beaumont Cornish Limited
Building 3,
Chiswick Park,
566 Chiswick High Road,
London W4 5YA
NAME AND ADDRESS OF BROKER:
Joint Brokers:
SP Angel Corporate Finance LLP
Prince Frederick House
35-39 Maddox Street
London W1S 2PP
finnCap Limited
1 Bartholomew Close
London EC1A 7BL
OTHER THAN IN THE CASE OF A QUOTED APPLICANT, DETAILS OF WHERE (POSTAL OR
INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A
STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE
ADMISSION OF ITS SECURITIES:
The AIM Admission Document, which contains full details of the applicant and
admission of its securities, will be available from the Company's website:
www.atomeplc
THE CORPORATE GOVERNANCE CODE THE APPLICANT HAS DECIDED TO APPLY
QCA Corporate Governance Code
DATE OF NOTIFICATION:
17 December 2021
NEW/ UPDATE:
UPDATE
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