RNS Number : 2921E
ATOME Energy PLC
29 June 2023
 

29 June 2023 

 

ATOME ENERGY PLC

("ATOME", "the Company", or "the Group")

 

Posting of Annual Report and Notice of Annual General Meeting

  

ATOME (AIM: ATOM), the only international green hydrogen, ammonia, and fertiliser project development company on the London Stock Exchange, with current large-scale projects in Latin America and Europe, as well as hydrogen mobility projects, announces that the Company's 2022 Annual Report & Accounts are being distributed to shareholders today together with a Notice of Annual General Meeting ("AGM") to be held on Tuesday 25 July 2023 at 11:00 a.m. BST at Carrwood Park, Selby Road, Leeds, LS15 4LG.

 

Copies of the accounts and notice of AGM are available from the Company's website, https://www.atomeplc.com and from the Company's registered office Carrwood Park, Selby Road, Leeds, LS15 4LG.

 

For more information, please visit https://www.atomeplc.com or contact:

 

ATOME Energy PLC
Nikita Levine, Investor Relations

+44 (0) 113 337 2210
info@atomeplc.com

Beaumont Cornish (Nominated Adviser)
Roland Cornish, Michael Cornish

+44 (0) 20 7628 3396

Liberum (Joint Broker)
Scott Mathieson, Kane Collings

+44 (0) 20 3100 2000

SP Angel (Joint Broker)
Richard Hail, Harry Davies-Ball

+44 (0) 20 3490 0470

finnCap (Joint Broker)
Christopher Raggett, George Dollemore

+44 (0) 20 7220 0500

Tavistock (Financial PR and IR)
Simon Hudson, Rebecca Hislaire, Charles Baister

+44 (0) 20 7920 3150
atome@tavistock.co.uk

 

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.

 

 

Notes to Editors

 

About ATOME

 

ATOME Energy PLC is an AIM listed company targeting green hydrogen, ammonia, and fertiliser production with over 500-megawatt of projects in Paraguay, Iceland, and Central America.

 

Since its admission to AIM in December 2021 ATOME has signed its first electrolyser purchase order for its hydrogen transport Mobility Division due to start generating revenue in 2023 and signed a 120MW power purchase agreement with ANDE, the state energy company in Paraguay for production of green ammonia to produce industrial scale premium value green fertiliser in 2025. It has procured 30 hectares of land in Villeta, Paraguay for that facility, mandated Natixis Corporate Investment Bank and the multilateral IDB Invest to lead the project funding and the FEED study is currently underway with the international companies Urbas and Casale.

 

In December 2022, ATOME entered into a joint venture with Cavendish, the renewable energy arm of the substantial and well-established Purdy Group based in Costa Rica and formed The National Ammonia Corporation S.A, which is owned equally by ATOME and Cavendish.

 

ATOME is in the process of operational planning, sourcing and negotiations with green electricity suppliers, equipment providers and offtake partners, including signed memoranda of understanding and cooperation agreements in place with key parties, to use electricity generated from existing geothermal sources in Iceland and hydroelectric power in Paraguay and Costa Rica. All chosen sites are located close to the power and water sources and export facilities to serve significant domestic and then international demand.

 

The Company has a green-focused Board which is supported by major shareholders including Peter Levine, Trafigura, one of the world's leading commodity and logistics company, and Schroders, a leading fund manager, and from May 2023, Baker Hughes, a global energy technology company operating in the energy and industry sectors.

 

 

 

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