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 Sean Parsons, Director of External Affairs | +44 (0)7739 832 446 |
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Strand Hanson Limited (Nominated and Financial Adviser) Richard Johnson Rory Murphy David Asquith | +44 (0)20 7409 3494 |
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| Zeus Capital Limited (Broker) Louisa Waddell Simon Johnson | +44 (0)20 3829 5000 |
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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/
2 June 2023 RNS: 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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