REG - SIMEC AtlantisEnergy - Director/PDMR Dealings

SIMEC Atlantis EnergyAnnouncement

11/07/2024 09:00

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RNS Number : 0342W  SIMEC Atlantis Energy Limited  11 July 2024

11 July 2024

 

SIMEC Atlantis Energy Limited

("SAE Renewables", "SAE" or the "Company")

 

Director/PDMR Dealings

 

SAE has been notified of the following purchases of ordinary shares of no par
value in the Company ("Shares") by Directors of the Company.

 

 

 Name          Position                 Number of Shares Purchased  Price    Resultant Holding  % of Issued Share Capital

 Simon Hirst   Chief Financial Officer  850,000                     1.9875p  932,034            0.13%
 John Woodley  Non-Executive Director   500,000                     2.0025p  500,000            0.07%
 Graham Reid   Chief Executive Officer  225,780                     2.1580p  225,780            0.03%
 Duncan Black  Chairman                 271,951                     2.0000p  4,914,370          0.68%

The notifications below, made in accordance with the requirements of the EU
Market Abuse Regulation, provides further detail in respect of the transaction
as described above.

 

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         1.   Simon Hirst

                                                                  2.   John Woodley

                                                                  3.   Graham Reid

                                                                  4.   Duncan Black

 2   Reason for the notification
 a)  Position/status                                              1.   Chief Financial Officer

                                                                  2.   Non-Executive Director

                                                                  3.   Chief Executive Officer

                                                                  4.   Chairman

 b)  Initial notification /Amendment                              Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Simec Atlantis Energy Limited
 b)  LEI                                                          21380056V967FGHNU187
 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 no par value

     Identification code                                          SG9999011118

 b)  Nature of the transaction                                    Market purchase
 c)  Price(s) and volume(s)
                                                                                                  Price(s)        Volume(s)
                                                                                  1               1.9875p         850,000
                                                                                  2               2.0025p         500,000
                                                                                  3               2.1580p         225,780
                                                                                  4               2.0000p         271,951

 d)  Aggregated information

     - Aggregated volume                                          N/A

     - Price

 e)  Date of the transaction

                                                                  9 July 2024

 f)  Place of the transaction                                     London Stock Exchange (XLON)

 

 

 

 

 

 

For further information, please contact:

 

 SAE Renewables                                           +44 (0)7739 832 446

 Sean Parsons, Director of External Affair

 Strand Hanson Limited (Nominated and Financial Adviser)  +44 (0)20 7409 3494

 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. SAE owns the world's flagship tidal stream project, MeyGen. SAE is
also the owner of the Uskmouth Power Station site that is being repurposed
into a sustainable energy park, initially housing one of the UK's largest
battery energy storage projects. https://www.saerenewables.com/
(https://www.saerenewables.com/)

 

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