REG - SIMEC AtlantisEnergy - Abundance Bonds update

SIMEC Atlantis EnergyAnnouncement

21/06/2023 07:00

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RNS Number : 3617D  SIMEC Atlantis Energy Limited  21 June 2023

21 June 2023

 

SIMEC Atlantis Energy Limited

("SAE Renewables", "SAE", the "Company" and, together with its subsidiaries,
the "Group")

 

Abundance Bonds update

 

Further to the Company's announcement on 2 June 2023, SAE is pleased to
announce that the holders of the AOE17 debentures have approved the proposed
amendment to the 2017 debenture deed, which:

 

•              extends the maturity date from 30 June 2023 to
30 June 2024 (the "Extension Period"); and

•              will pay an enhanced interest for the Extension
Period of 10%.

 

 

For further information, please contact:

 

 SAE Renewables                                            +44 (0)7739 832 446

 Sean Parsons, Director of External Affairs

                                                           +44 (0)20 7409 3494

 Strand Hanson Limited (Nominated and Financial Adviser)

 Richard Johnson

 Rory Murphy

 David Asquith

 Zeus Capital Limited (Broker)                             +44 (0)20 3829 5000

 Louisa Waddell

 Simon Johnson

 

Notes to Editors

SAE Renewables is a global developer, owner and operator of sustainable energy
projects with a diverse portfolio in various stages of development.

https://www.saerenewables.com/ (https://www.saerenewables.com/)

 

2 June 2023 RNS:
https://saerenewables.com/sae-renewables-issues-a-request-to-amend-debenture-deed/
(https://saerenewables.com/sae-renewables-issues-a-request-to-amend-debenture-deed/)

 

Defined terms in this announcement have the same meaning as in the RNS on 2
June 2023 unless otherwise defined,

 

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