30 November 2023
ATOME ENERGY PLC
("ATOME", "the Company", or "the Group")
Director / PDMR Shareholding
ATOME Energy (AIM: ATOM) ("ATOME"), the only international green fertiliser project development company on the London Stock Exchange, gives notice of a Director / PDMR transaction.
Further to the announcement dated 29 November 2023, Robert Sheffrin, a Director of the Company, on 29 November 2023 transferred 50,000 ordinary shares in the Company ("Ordinary Shares") by way of an agency cross trade at 76.5p into a self-invested personal pension. Following the transaction Robert Sheffrin remains beneficially interested in 98,672 Ordinary Shares representing 0.24% of the issued share capital of the Company.
For more information, please visit https://www.atomeplc.com or contact:
ATOME Energy PLC | +44 (0) 113 337 2210 |
Beaumont Cornish (Nominated Adviser) | +44 (0) 20 7628 3396 |
Liberum (Joint Broker) | +44 (0) 20 3100 2000 |
SP Angel (Joint Broker) | +44 (0) 20 3490 0470 |
Cavendish Capital Markets Limited (Broker) | +44 (0) 20 7220 0500 |
Tavistock (Financial PR and IR) | +44 (0) 20 7920 3150 |
About ATOME
ATOME Energy PLC is an AIM listed company targeting green fertiliser production with 445-megawatt of projects in Paraguay and a further pipeline of potential projects in Central America and Iceland.
Since its admission to AIM in December 2021 ATOME signed a 145MW power purchase agreement with ANDE, the state energy company in Paraguay for acquired 30 hectares of land in Villeta, Paraguay for that facility, mandated Natixis Corporate & Investment Banking and the multilateral IDB Invest to lead the project funding and with Front End Engineering and Design studies currently underway with the international companies Urbas and Casale. ANDE has also allocated a further 300MW for ATOME's second project subject to studies.
In Costa Rica, ATOME has a green fertiliser 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. As well as straddling the Pacific and Atlantic Oceans, Costa Rica is a democratic Central American country. In agriculture, Costa Rica is the second largest supplier of pineapples in the world and is in the top ten banana growers.
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 produce green ammonia at an industrial scale using 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 since May 2023, Baker Hughes, a global energy technology company operating in the energy and industry sectors.
APPENDIX
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
a) | Name | Robert Sheffrin | |||
2 | Reason for the notification | ||||
a) | Position/status | Director | |||
b) | Initial notification/Amendment | Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | ATOME Energy PLC | |||
b) | LEI | 213800PLO4T7BYXL5I51 | |||
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
Identification code | Ordinary shares of 0.2 pence each
ISIN: GB00BP4BSM10 | |||
b) | Nature of the transaction | Transfer of Ordinary Shares into a self-invested pension plan | |||
c) | Price(s) and volume(s)
| | Price(s) | Volume(s) | |
£0.765 | 50,000 | ||||
| |||||
d) | Aggregated information
Aggregated volume
Price |
50,000
£0.765 | |||
e) | Date of the transaction | 29 November 2023 | |||
f) | Place of the transaction | Outside of a trading venue |
-ends-
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.