17 October 2024
ATOME PLC
("ATOME",
"the Company", or "the Group")
Director / PDMR Shareholding
Further Subscription
Total Voting Rights
ATOME (AIM: ATOM), the leading
developer of international green fertiliser projects,
gives notice of a Director / PDMR transaction and
a further subscription of new ordinary
shares.
Director / PDMR Shareholding
Robert Sheffrin, a Director of the
Company,has notified the Company that on 11 October 2024 he
transferred in an off-market transaction 23,000 ordinary shares in
the Company ("Ordinary Shares") at nil consideration from
certificated form held directly by him, to a CREST account of which
he is the benficial owner.
Further to the above, Robert
Sheffrin, on 14 October 2024 transferred 10,848 ordinary shares by
way of an agency cross trade at 72p into a self-invested personal
pension and 45,737 ordinary shares by way of an agency cross trade
at 71p into an individual savings account.
Robert Sheffrin remains beneficially
interested in 133,672 Ordinary Shares, representing 0.28% of the
issued share capital of the Company. The
notification in the appendix, made in accordance with the
requirements of the Market Abuse Regulations, provides further
detail.
Further
Subscription
The Company announced on 26
September 2024, a subscription and placing for new shares in the
Company at a subscription price of 75p ("Subscription Price"). The
Company has arranged a further issue of 58,778 new Ordinary Shares
in the Company at the Issue Price to an adviser amounting to
£44,083.50 ("New Shares"). The monies will be used for additional
general working capital purposes as ATOME develops its world
leading major green fertiliser production projects, the first of
which being the 145MW facility in Villeta, Paraguay. Application
will be made for the New Shares, which will rank pari passu with all existing ordinary
shares, to be admitted to trading on AIM ("Admission"). Admission
is expected on or around 23 October 2024.
Total Voting
Rights
Further to Admission, and in
conformity with the Disclosure Guidance and Transparency Rules of
the Financial Conduct Authority, the Company's issued share capital
will consist of 48,515,297 ordinary shares of 0.2p each with voting
rights, none of which were held in Treasury.
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ATOME PLC
Nikita Levine, Investor Relations
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+44 (0) 113 337 2210
info@atomeplc.com
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|
Beaumont Cornish (Nominated Adviser)
Roland Cornish, Michael Cornish
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+44 (0)
20 7628 3396
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SP
Angel (Broker)
Richard Hail, Caroline Rowe
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+44 (0)
20 3490 0470
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FTI
Consulting Limited (Communications Adviser)
Elizabeth Adams, Ben Brewerton
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+44 (0) 20 3727 1000
atome@fticonsulting.com
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Other
information
Beaumont Cornish Limited ("Beaumont Cornish") is the Company's
Nominated Adviser and is authorised and regulated by the FCA.
Beaumont Cornish's responsibilities as the Company's Nominated
Adviser, including a responsibility to advise and guide the Company
on its responsibilities under the AIM Rules for Companies and AIM
Rules for Nominated Advisers, are owed solely to the London Stock
Exchange. Beaumont Cornish is not acting for and will not be
responsible to any other persons for providing protections afforded
to customers of Beaumont Cornish nor for advising them in relation
to the proposed arrangements described in this announcement or any
matter referred to in it.
About ATOME
ATOME 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.
The first project is at Villeta in
Paraguay. Villeta benefits from a 145MW renewable power purchase
agreement and 30 hectares of land in a tax free zone. Front End
Engineering Design studies have been completed and Heads of Terms
signed with Yara, the leading international fertiliser company for
offtake of all of Villeta's production. The Company is now in the
advanced stages of negotiating the project finance with a view to
closing that and declaring FID before end 2024. There is a further
300MW of renewable power reserved for ATOME in Paraguay.
In Costa Rica, The National Ammonia
Corporation S.A. was formed in 2022 with local partner Cavendish
S.A. based in Costa Rica to develop green fertiliser projects for
the region. 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.
All power for ATOME is from 100%
renewable sources and 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, Schroders, a leading fund manager
APPENDIX
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1
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Details of the person discharging managerial
responsibilities/person closely associated
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a)
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Name
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Robert Sheffrin
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2
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Reason for the notification
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a)
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Position/status
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Director
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b)
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Initial
notification/Amendment
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Initial notification
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3
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Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
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a)
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Name
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ATOME PLC
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b)
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LEI
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213800PLO4T7BYXL5I51
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4
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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
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a)
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Description of the financial
instrument, type of instrument
Identification code
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Ordinary shares of 0.2 pence
each
ISIN: GB00BP4BSM10
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b)
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Nature of the transaction
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Transfer of Ordinary
Shares.
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c)
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Price(s) and volume(s)
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Price(s)
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Volume(s)
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NIL
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23,000
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d)
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Aggregated information
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Aggregated volume
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Price
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23,000
Nil
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e)
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Date of the transaction
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11 October 2024
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f)
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Place of the transaction
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Outside of a trading
venue
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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 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)
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Nature of the transaction
|
Transfer of Ordinary
Shares.
|
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c)
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Price(s) and volume(s)
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Price(s)
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Volume(s)
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|
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£0.72
£0.71
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10,848
45,737
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|
|
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d)
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Aggregated information
-
Aggregated volume
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Price
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56,585
£0.71
|
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e)
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Date of the transaction
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14 October 2024
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f)
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Place of the transaction
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Outside of a trading
venue
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-ends-