Company Announcements

Director/PDMR Shareholding

Source: RNS
RNS Number : 6786I
ATOME PLC
18 October 2024
 

Imagen

 

18 October 2024

 

 

ATOME PLC

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

 

Director / PDMR Shareholding

Olivier Mussat, CEO, acquires a further 1.86% of ATOME

 

 

ATOME (AIM: ATOM), the leading developer of international green fertiliser projects, announces that ATOME Chief Executive, Olivier Mussat, has today acquired 900,000 ordinary shares in the Company ("Ordinary Shares") off-market from Alpha Energies Invest GmbH ("Alpha"), a company owned wholly and beneficially by ATOME Chairman, Peter Levine, at a price of 75p per Ordinary Share. The Ordinary Shares represent 1.86% of the issued share capital of the Company.

 

Following the acquisition, Olivier Mussat now has a beneficial interest in 2,649,899 Ordinary Shares representing 5.46% of the issued share capital of the Company. Peter Levine is now beneficially interested in 7,693,629 Ordinary Shares representing 15.86% of the issued share capital of the Company, comprising 2,504,733 Ordinary Shares held directly and a further 1,630,000 Ordinary Shares held in trust for the benefit of Peter Levine by Alpha, and 3,558,896 Ordinary Shares held by PLLG Investments Limited (which is wholly owned by PLLG Nominees Limited, all of which is held in trust for Peter Levine). Peter Levine, through IYA Global Limited, a company beneficially owned by him, also has an option over 2,038,038 Ordinary Shares held by Molecular Energies Limited.

 

 

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

 

ATOME PLC

Nikita Levine, Investor Relations

+44 (0) 113 337 2210

info@atomeplc.com

 

Beaumont Cornish (Nominated Adviser)

Roland Cornish, Michael Cornish

+44 (0) 20 7628 3396

SP Angel (Broker)

Richard Hail, Caroline Rowe

+44 (0) 20 3490 0470

FTI Consulting Limited (Communications Adviser)

Elizabeth Adams, Ben Brewerton

+44 (0) 20 3727 1000

atome@fticonsulting.com


 

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, and Baker Hughes, a global technology company operating in the energy and industry sectors.

 

 

 

APPENDICES

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Olivier Mussat

2

Reason for the notification

a)

Position/status

Chief Executive

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)

Nature of the transaction

Purchase of Ordinary Shares.

c)

Price(s) and volume(s)


Price(s)

Volume(s)


£0.75

900,000


d)

Aggregated information

 

-    Aggregated volume

 

Price

n/a (single transaction)

e)

Date of the transaction

17 October 2024

f)

Place of the transaction

Outside of a trading venue

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Peter Levine

2

Reason for the notification

a)

Position/status

Chairman

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)

Nature of the transaction

Sale of Ordinary Shares.

c)

Price(s) and volume(s)


Price(s)

Volume(s)


£0.75

900,000


d)

Aggregated information

 

-    Aggregated volume

 

Price

n/a (single transaction)

e)

Date of the transaction

17 October 2024

f)

Place of the transaction

Outside of a trading venue

 

 

 

 

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