Update on Bond Offer

RNS Number : 0644S

SIMEC Atlantis Energy Limited

04 November 2019

 

4 November 2019

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR IN OR INTO ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, DISTRIBUTION OR RELEASE WOULD BE RESTRICTED BY ANY APPLICABLE LAW.

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT FORM PART OF AN OFFER TO SELL OR ISSUE OR A SOLICITATION TO BUY, SUBSCRIBE FOR OR OTHERWISE ACQUIRE, ANY SECURITIES IN ANY JURISDICTION  IN WHICH ANY SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL.

SIMEC Atlantis Energy Limited

("Atlantis" or the "Group")

Update on Bond Offer

Atlantis, a global leader in the renewable energy sector, is pleased to announce that following the formal launch of its proposed five-year bond through Abundance Investment Limited, investor commitments have now passed £1.8 million. The Company has also extended the offer to investors which will now remain open until 31 January 2020.

Enquiries:

SIMEC Atlantis Energy	via FTI Consulting
Tim Cornelius, Chief Executive Officer Andrew Dagley, Chief Financial Officer
Cantor Fitzgerald Europe (Nominated Adviser and Broker)	[phone]
Rick Thompson David Porter
FTI Consulting	[phone]
Ben Brewerton Alex Beagley James Styles

About Atlantis

SIMEC Atlantis Energy Limited is the global developer, owner and operator of sustainable energy projects with a diverse portfolio of more than 1,000 megawatts in various stages of development. This includes a stake of 77% in the world's largest tidal stream project, MeyGen, and a 100% stake in the 220MW Uskmouth Power Station conversion project.

 

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