28 June 2024
ATOME PLC
("ATOME", "the Company", or "the Group")
Posting of Annual Report and Notice of Annual General Meeting
ATOME (AIM: ATOM), the leading international developer of green fertiliser projects, announces that the Company's 2023 Annual Report & Accounts are being distributed to shareholders today together with a Notice of Annual General Meeting ("AGM") to be held on 24 July 2024 at 10:00 a.m. BST at Carrwood Park, Selby Road, Leeds, LS15 4LG.
Copies of the accounts and notice of AGM are available from the Company's website, www.atomeplc.com and from the Company's registered office Carrwood Park, Selby Road, Leeds, LS15 4LG.
For more information, please visit https://www.atomeplc.com or contact:
ATOME PLC |
+44 (0) 113 337 2210 |
Beaumont Cornish (Nominated Adviser) |
+44 (0) 20 7628 3396 |
SP Angel (Broker) |
+44 (0) 20 3490 0470 |
Tavistock (Financial PR and IR) |
+44 (0) 20 7920 3150 |
About ATOME
ATOME PLC is an AIM listed company targeting green fertiliser production with 445-megawatt of projects in Paraguay, 120-megawatt project in Costa Rica and a further pipeline of potential projects in Central America.
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, 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.
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 fertiliser at an industrial scale using electricity generated from 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, Schroders, a leading fund manager, and since May 2023, Baker Hughes, a global technology company operating in the energy and industry sectors.
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.
-ends-