Director/PDMR Shareholding

RNS Number : 7122J

ATOME Energy PLC

14 December 2022

 

14 December 2022

ATOME ENERGY PLC

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

Director / PDMR shareholding

ATOME Energy (AIM: ATOM), the company focused on green hydrogen and ammonia production globally with projects in both Europe and South America announces that it was notified on 13 December 2022 of the following PDMR purchase as part of the PrimaryBid Offer announced earlier today.  

Robert Sheffrin, Finance Director subscribed for 9,416 new ordinary shares at a price of 106.2 pence per ordinary share. Following the subscription of new ordinary shares, upon Admission, Robert Sheffrin will have a beneficial interest in 98,672 Ordinary Shares, representing 0.27 per cent. of the Company's issued share capital

Further details of the Directors participation in accordance with the requirements of the Market Abuse Regulation are set out in the Appendix to this announcement.

A copy of this announcement is available on the Company's website, at https://www.atomeplc.com

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

ATOME Energy PLC Nikita Levine, Investor Relations	[phone] [e-mail]
Beaumont Cornish (Nominated Adviser) Roland Cornish, Michael Cornish	[phone]
Liberum (Joint Broker) Cameron Duncan, Kate Bannatyne	[phone]
SP Angel (Joint Broker) Richard Hail, Caroline Rowe	[phone]
finnCap (Joint Broker) Christopher Raggett, George Dollemore	[phone]
Tavistock (Financial PR and IR) Simon Hudson, Rebecca Hislaire, Charles Baister	[phone] [e-mail]

About ATOME

ATOME Energy PLC is an AIM listed company targeting green hydrogen and ammonia production with over 500-megawatt of projects in Paraguay and Iceland, through its subsidiaries ATOME Paraguay, which is wholly owned, and Green Fuel ehf, in which ATOME Energy holds a 75 per cent interest, respectively.

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 large scale 60MW power purchase agreement with ANDE, the state energy company in Paraguay for production of green hydrogen and ammonia targeted to start operations at or around end 2024.

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. 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.

APPENDIX

	1	Details of the person discharging managerial responsibilities/person closely associated
	a)	Name	Robert Sheffrin
	2	Reason for the notification
	a)	Position/status	Finance 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	Subscription for Ordinary Shares.
	c)	Price(s) and volume(s)	Price(s) Volume(s) 106.2p 9,416
	d)	Aggregated information - Aggregated volume - Price	n/a (single transaction)
	e)	Date of the transaction	13 December 2022
	f)	Place of the transaction	Outside of a trading venue

 

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