Director/PDMR Shareholding

RNS Number : 4346X

ATOME Energy PLC

05 January 2022

 

For immediate release

5 January 2022

ATOME ENERGY PLC

("ATOME" or the "Company")

Director/PDMR Dealing

ATOME Energy (AIM: ATOM), the international company focused on green hydrogen and ammonia production, sales and marketing with current projects in Iceland and Paraguay, announces that it was notified on 4 January 2022 of the following PDMR purchase:

Mary-Rose de Valladares (Independent Non-Executive Director) purchased 93,750 ordinary shares of 0.2 pence each in the Company ("Ordinary Shares") on 4 January 2022 at a price of 80 pence per Ordinary Share. 

Following the purchase, Mary-Rose de Valladares now has a beneficial interest in 93,750 Ordinary Shares, representing 0.29 per cent. of the Company's issued share capital.

Mary-Rose de Valladares of ATOME Energy, commented:

"As a green hydrogen and ammonia specialist, I am pleased to demonstrate my confidence in Atome by making this investment.

"Atome is well placed, with its management team and strong key shareholder base, to be at the forefront of the green hydrogen industry and I am very pleased to be a part of this exciting journey with investors".

Lock-in and orderly market arrangements

The shares purchased by Mary-Rose de Valladares are subject to the Lock-in and Orderly Market Deeds as set out in the Admission Document, pursuant to which Mary-Rose de Valladares undertook in accordance with Rule 7 of the AIM Rules for Companies not to (and to use her best endeavours to procure that her connected persons shall not), save in limited circumstances permitted by the AIM Rules for Companies, dispose of any of her interests in Ordinary Shares at any time prior to the first anniversary of Admission. In addition, in order to ensure an orderly market in the Ordinary Shares, Mary-Rose de Valladares agreed that for a further period of 12 months only to deal or otherwise dispose of any such interests through finnCap or SP Angel (or the brokers for the time being to the Company) in order to assist in the maintenance of an orderly market in the Ordinary Shares.

As a US resident, Mary-Rose de Valladares was unable to participate in the Company's fundraising prior to Admission due to the US Securities Act.

The notification in the appendix, made in accordance with the requirements of the Market Abuse Regulation, provides further detail.

Capitalised terms used in this announcement and not separately defined shall have the meaning given to them in the Company's Admission Document.

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

ATOME ENERGY PLC	[phone]
Nikita Levine, Investor Relations	[e-mail]
Beaumont Cornish (Nominated Adviser)	[phone]
Roland Cornish, Michael Cornish
finnCap (Joint Broker)	[phone]
Christopher Raggett, Tim Harper
SP Angel (Joint Broker) Richard Hail, Caroline Rowe	[phone]
Tavistock (Financial PR and IR)	[phone]
Simon Hudson, Rebecca Hislaire, Charles Baister	a [e-mail]

Notes to Editors

ATOME Energy Plc is an AIM listed company targeting green hydrogen and ammonia production with up to 350-megawatt 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.

ATOME has commenced 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 including national power companies, to use electricity generated from existing geothermal sources in Iceland and hydroelectric power in Paraguay. Both 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		Mary-Rose de Valladares
	2	Reason for the notification
	a)	Position/status		Non-executive 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		P urchase of Ordinary Shares.
	c)	Price(s) and volume(s)		Price(s) Volume(s) 80p 93,750
	d)	Aggregated information - Aggregated volume - Price		n/a (single transaction)
	e)	Date of the transaction		4 January 2022
	f)	Place of the transaction		Outside of a trading venue

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