ATOME PLC Director/PDMR Dealing

RNS Number : 5720H

ATOME PLC

09 October 2024

 

 

For immediate release                                                                                                           9 October 2024

 

ATOME PLC

("ATOME" or the "Company")

Director/PDMR Dealing

 

ATOME (AIM: ATOM), the leading developer of international green fertiliser projects, announces that it was notified on 9 October 2024 of the following PDMR purchase:

 

Richard Day (Deputy Chairman and Independent Non-Executive Director) purchased 17,000 ordinary shares of 0.2 pence each in the Company ("Ordinary Shares") on 9 October 2024 at a price of 75 pence per Ordinary Share. 

 

Following the purchase, Richard Day now has a beneficial interest in 77,416 Ordinary Shares, representing 0.16 per cent. of the Company's issued share capital.

 

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

 

 

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

 

 

ATOME PLC Nikita Levine, Investor Relations	[phone] [e-mail]
Beaumont Cornish (Nominated Adviser) Roland Cornish, Michael Cornish	[phone]
SP Angel (Broker) Richard Hail, Caroline Rowe	[phone]
FTI Consulting (Communications Adviser) Elizabeth Adams, Ben Brewerton	[phone] [e-mail]

 

 

 

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. It 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 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.

 

 

 

Beaumont Cornish Limited ("Beaumont Cornish"), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting as nominated adviser to the Company in connection with this announcement and will not regard any other person as its client and will not be responsible to anyone else for providing the protections afforded to the clients of Beaumont Cornish or for providing advice in relation to such proposals. Beaumont Cornish has not authorised the contents of, or any part of, this document and no liability whatsoever is accepted by Beaumont Cornish for the accuracy of any information, or opinions contained in this document or for the omission of any information. Beaumont Cornish as nominated adviser to the Company owes certain responsibilities to the London Stock Exchange which are not owed to the Company, the Directors, Shareholders, or any other person.

 

 

 

 

 

APPENDIX

 

 

	1	Details of the person discharging managerial responsibilities/person closely associated
	a)	Name		Richard Day
	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 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) 75p 17,000
	d)	Aggregated information - Aggregated volume   - Price		n/a (single transaction)
	e)	Date of the transaction		9 October 2024
	f)	Place of the transaction		Outside of a trading venue

 

-ends-

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

DSHMLBBTMTBMBJI