Simec Atlantis Energy Share Price (SAE)

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Share Name Share Symbol Market Type Share ISIN Share Description
Simec Atlantis Energy Limited LSE:SAE London Ordinary Share SG9999011118 ORD NPV (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.105 6.77% 1.655 5,245,001 16:35:16
Bid Price Offer Price High Price Low Price Open Price
1.55 1.70 1.65 1.505 1.55
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Alternative Energy 12.23 -19.42 -4.00 11
Last Trade Time Trade Type Trade Size Trade Price Currency
16:36:30 O 754,832 1.60 GBX
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Simec Atlantis Energy (SAE) Latest News

Simec Atlantis Energy News

Date Time Source Headline
18/10/202114:11UKREGSIMEC Atlantis Energy Limited Holding(s) in Company
18/10/202114:09UKREGSIMEC Atlantis Energy Limited Holding(s) in Company
18/10/202113:59UKREGSIMEC Atlantis Energy Limited Share Issuance
18/10/202109:06UKREGSIMEC Atlantis Energy Limited Second Price Monitoring Extn
18/10/202109:00UKREGSIMEC Atlantis Energy Limited Price Monitoring Extension
13/10/202114:05UKREGSIMEC Atlantis Energy Limited Second Price Monitoring Extn
13/10/202114:00UKREGSIMEC Atlantis Energy Limited Price Monitoring Extension
07/10/202114:43ALNCTRADING UPDATES: Hardide upbeat on recovery; SIMEC permit delayed
07/10/202111:05UKREGSIMEC Atlantis Energy Limited Second Price Monitoring Extn
07/10/202111:00UKREGSIMEC Atlantis Energy Limited Price Monitoring Extension
More Simec Atlantis Energy News
Simec Atlantis Energy Investors    Simec Atlantis Energy Takeover Rumours

Simec Atlantis Energy (SAE) Discussions and Chat

Simec Atlantis Energy Forums and Chat

Date Time Title Posts
22/10/202110:14SIMEC Atlantis Energy1,615

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DateSubject
23/10/2021
09:20		Simec Atlantis Energy Daily Update: Simec Atlantis Energy Limited is listed in the Alternative Energy sector of the London Stock Exchange with ticker SAE. The last closing price for Simec Atlantis Energy was 1.55p.
Simec Atlantis Energy Limited has a 4 week average price of 1.20p and a 12 week average price of 1.20p.
The 1 year high share price is 26.40p while the 1 year low share price is currently 1.20p.
There are currently 651,273,874 shares in issue and the average daily traded volume is 11,419,033 shares. The market capitalisation of Simec Atlantis Energy Limited is £10,778,582.61.
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15/10/2021
07:41		jaforsadi: Funny how the mms will raise the price so one of the placees can exit when they are done share price will tank
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10/10/2021
08:30		tempesttroy: Having been a staunch supporter of SAE for a number of years it saddens me to agree with you Terninator101. Since it's high of 32p in August 2020 the company has been in freefall with resultant share price following suit. Simply put, it's had a huge black cloud hanging over it. No matter what direction SAE take the cloud follows. I,like many on this board (I suspect) have lost money. Mine run into the £1000's. I've probably been a tad naive by being over optimistic about this company particularly with regard to it's tidal potential but very hard now to look beyond total collapse in the coming months. They will try to take the Uskmouth debacle to the high court but this will consume yet more of it's dwindling funds. It will take a miracle to survive but then again, miracles do happen!
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07/10/2021
14:02		tomboyb: From LSE: Media - Insider ArticleToday 13:07 Sustainable energy business SIMEC Atlantis Energy (SAE) has criticised a direction to transfer authority for the determination of its Uskmouth power station conversion project. The business said it has been advised that the Welsh Government will now itself decide on the permit variation application for the conversion of the Uskmouth power station and has blocked the independent Natural Resources Wales (NRW) from making a determination. According to SAE, NRW, which was leading the determination, had previously indicated that it was minded to award the variation to the existing permit, subject to conditions after a further round of public consultation, initially scheduled for September. But following a "reported internal legal review" of this decision by NRW, SAE has been notified that NRW have been directed to refer the application to the Welsh Government. SAE said the direction had been left to the very end of the NRW process and follows over a year of detailed information sharing between SAE and NRW, which included experts from across Wales, the UK, Europe, and Japan feeding in to demonstrate how the conversion meets all requirements set out by the relevant legislation. In a statement, SAE said: "This further delay is a blow to South Wales and this vital green energy project at a time when the country is facing an energy crisis with intermittent renewables and a dependency on imported gas causing unsustainable price rises for homes and industries across the UK. "The Welsh Government is putting at risk a project that will produce negative emissions, create hundreds of jobs in the Newport region, deliver hundreds of millions of pounds in investment and deliver the critical decarbonisation that industries in the region including steel and data centres require to make them sustainable. "The conversion will be powered by fuel pellets that are derived from non-recyclable waste, destined for landfills and the oceans. A delay to this project will not reduce the production of this waste but instead result in the continued shipping of plastic waste to other countries for it to be burned or the digging of deeper holes in which it will be buried." SAE added that it is seeking a variation to the permit sought to switch to a sustainable fuel source with significantly lower carbon emissions, and will utilise carbon capture and usage to sit alongside it to deliver negative emission electricity generation. "SAE will consider all available legal options and will seek to ensure that the Welsh Government understands how critical this project is to South Wales, Newport, to key industries and the hundreds of employees whose jobs are at risk," the business added. hxxps://www.insidermedia.com/news/wales/simec-atlantis-energy-criticises-further-delay-on-conversion-decision
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07/10/2021
09:05		bad robot: Morgan Stanley is dumping this garbage. Most probably, they were the 2m seller yesterday. Buy their shs and we will move up. BR IN BR WE TRUST RED MERCURY CREW Simec Atlantis Energy Limited (LSE) LSE:SAE Tweet Simec Atlantis Energy Share News (SAE) 7 Follow SAE [ADVERT] Share Name Share Symbol Market Type Share ISIN Share Description Simec Atlantis Energy Limited LSE:SAE London Ordinary Share SG9999011118 ORD NPV (DI) Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade 0.00 0.0% 2.30 1.10 1.20 100,000 07:31:18 Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m) Alternative Energy 12.2 -19.4 -4.0 - 15 Print Alert SIMEC Atlantis Energy Limited Holding(s) in Company 06/10/2021 7:00am UK Regulatory (RNS & others) TIDMSAE RNS Number : 1003O SIMEC Atlantis Energy Limited 06 October 2021 TR-1: S tandard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) (i) 1a. Identity of the issuer or the SIMEC ATLANTIS ENERGY LIMITED underlying issuer of existing shares to which voting rights are attached (ii) : ---------------------------------------------- 1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) Non-UK issuer X ---- 2. Reason for the notification (please mark the appropriate box or boxes with an "X") An acquisition or disposal of voting rights ---- An acquisition or disposal of financial instruments ---- An event changing the breakdown of voting rights X ---- Other (please specify)(iii) : ---- 3. Details of person subject to the notification obligation (iv) Name Morgan Stanley City and country of registered office Wilmington, Delaware, USA (if applicable) 4. Full name of shareholder(s) (if different from 3.) (v) Name Morgan Stanley Renewables Development I (Cayman) Limited ---------------------------------------------- City and country of registered office George Town, CAYMAN ISLANDS. (if applicable) ---------------------------------------------- 5. Date on which the threshold was 01/10/2021 crossed or reached (vi) : ---------------------------------------------- 6. Date on which issuer notified (DD/MM/YYYY): 04/10/2021 ---------------------------------------------- 7. Total positions of person(s) subject to the notification obligation % of voting % of voting rights Total of both Total number rights attached through financial in % (8.A + of voting rights to shares (total instruments 8.B) held in issuer of 8. A) (total of 8.B (vii) 1 + 8.B 2) ------------------ ---------------------- --------------- -------------------- Resulting situation on the date on which threshold was crossed or reached 5.07% 0.00% 5.07% 32,999,990 ------------------ ---------------------- --------------- -------------------- Position of previous notification (if applicable) 6.71% 0.00% 6.71% ------------------ ---------------------- --------------- ---
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30/9/2021
16:04		zen12: ArdenSIMEC Atlantis Energy have raised £2.6m at a share price of 2.5p in a fresh equity raise, representing 16% of the enlarged share capital. The company now have the working capital to support its operations whilst they wait for Natural Resources Wales (NRW) to process its environmental permit for the Uskmouth plant. We expect NRW to complete their review by the 6th of October and the public consultation to be complete by the 19th of October. NRW are scrutinising the compliance of the permit with law and therefore are not discretionary as conventional planning permitting. Simec are confident that their permit is compliant with EU and UK legislation and defined in plant permits by NRW. We are not currently rating the stock nor providing a target price during this process. The result of the permitting will dramatically change the near-term direction of the company. Investors are rightfully scrutinising binary risk around the plant. Following a permit being granted, Simec's near term earnings prospects will significantly widen its financing options. Notwithstanding the permitting, Simec has a joint venture with N+P Group for the supply of pellets as well as the core pellet combustion technology developed with Mitsubishi Hitachi Power Systems. Uskmouth is the pilot project. SIMEC wish to use this pilot to distribute the technology to a far broader base, possibly through licensing. Uskmouth is not the only site where the technology and pellets can operate. It is for now where SIMEC are focussed and engaged. Whilst the near-term financials of the company place significant concentration risk on this catalyst, it need not render the company palliative should permitting not be granted given the number of coal stations the world over. Uskmouth has the potential to generate £29m in FCF in year two and £50m in year three.
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29/9/2021
13:01		bad robot: 18/03/2021 12:59pm UK Regulatory (RNS & others) Simec Atlantis Energy (LSE:SAE) Historical Stock Chart From Sep 2020 to Sep 2021 Click Here for more Simec Atlantis Energy Charts. TIDMSAE RNS Number : 7542S SIMEC Atlantis Energy Limited 18 March 2021 18/03/2021 SIMEC Atlantis Energy Limited ("SAE" or the "Company") Investment under Share Placement Agreement SAE is pleased to announce that it has received a second tranche investment of GBP2,000,000 from a subscription to be made by way of a prepayment for ordinary shares under the share placement deed, the details of which were announced to the market on 16 December 2020. Subsequent application will be made to the London Stock Exchange plc in due course (at the time of any share issuance) for any ordinary shares issued and allotted in relation to the prepayment to be admitted to trading on AIM. Such ordinary shares will only be issued to the extent that the Company has corporate authority to do so. As previously announced, the proceeds from the subscription will be used by the Company to allow SAE to take advantage of investment opportunities across the Company's tidal energy, Uskmouth conversion, energy pellet, hydro and sustainable infrastructure project portfolio. For more information please contact: Enquiries:
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29/9/2021
13:01		bad robot: 28th July 2021 SIMEC ATLANTIS ENERGY LIMITED ("Atlantis", the "Company" or the "Group") Share Issuance The Company announces that the subscriber under the share placement deed, the details of which were announced to the market on 16 December 2020, has requested that the Company issue 11,904,762 ordinary shares ("Placing Shares") to the subscriber in relation to GBP500,000 of the subscription, the purchase price of which has been prepaid by the subscriber. Application has therefore been made for the Placing Shares to be admitted to trading on AIM with admission expected to take place on or around 29(th) July 2021 ("Admission"). On Admission, the Placing Shares will rank pari passu in all respects with all existing ordinary shares in the Company. 18 August 2021 SIMEC ATLANTIS ENERGY LIMITED ("Atlantis", the "Company" or the "Group") Share Issuance The Company announces that the subscriber under the share placement deed, the details of which were announced to the market on 16 December 2020, has requested that the Company issue 11,904,762 ordinary shares ("Placing Shares") to the subscriber in relation to GBP500,000 of the subscription, the purchase price of which has been prepaid by the subscriber. Application has therefore been made for the Placing Shares to be admitted to trading on AIM with admission expected to take place on or around 20(th) August 2021 ("Admission"). On Admission, the Placing Shares will rank pari passu in all respects with all existing ordinary shares in the Company. 25 May 2021 25(th) May 2021 SIMEC ATLANTIS ENERGY LIMITED ("Atlantis", the "Company" or the "Group") Share Issuance The Company announces that the subscriber under the share placement deed, the details of which were announced to the market on 16 December 2020, has requested that the Company issue 17,543,860 ordinary shares ("Placing Shares") to the subscriber in relation to GBP1,000,000 of the subscription, the purchase price of which has been prepaid by the subscriber. Application has therefore been made for the Placing Shares to be admitted to trading on AIM with admission expected to take place on or around 28th May ("Admission"). On Admission, the Placing Shares will rank pari passu in all respects with all existing ordinary shares in the Company. 15/04/2021 7:00am UK Regulatory (RNS & others) Simec Atlantis Energy (LSE:SAE) Historical Stock Chart From Mar 2021 to Sep 2021 Click Here for more Simec Atlantis Energy Charts. TIDMSAE RNS Number : 4882V SIMEC Atlantis Energy Limited 15 April 2021 15(th) April 2021 SIMEC ATLANTIS ENERGY LIMITED ("Atlantis", the "Company" or the "Group") Share Issuance The Company announces that the subscriber under the share placement deed, the details of which were announced to the market on 16 December 2020, has requested that the Company issue 6,756,757 ordinary shares ("Placing Shares") to the subscriber in relation to GBP500,000 of the prepayment previously made by the subscriber to the Company (as announced to the market on 16 December 2020).
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09/6/2021
10:48		muckshifter: A bit of a muddle revealed there in the RNS. The end result I would like to see, would be that the receivership is confirmed, the exemption from the 30% triggering of a mandatory take over bid is awarded to the receiver ( can't see why it wouldn't be) and then the receiver selling 29% of the SAE shares to a company with plenty of cash and ambition in the green energy field. That sale would be accompanied perhaps by an exclusive option to buy the remaining shares within say three months, which would then give the buyer the option of gaining exemption from the obligation to make a full t/o. With that exemption in hand, it would give the cash and ambition rich buyer great options; they would not be precluded from making a full bid for SAE, or obliged to do so. Whichever option such a company chose, should be very beneficial for SAE and perhaps its share price, imo.
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07/4/2021
10:13		skinny: Operational Update. SAE is pleased to provide the following operational update across its business. Uskmouth Power Station Conversion Project Following the decision by the Welsh Government to 'call in' the planning application at Uskmouth, and their announced moratorium on all new energy from waste projects, SAE remains fully committed to the project and is confident the project complies with all relevant Government policies and legislation. Built in 1959, the Uskmouth power station operated using coal until 2017, when it stopped operation, in preparation for a fuel conversion to move away from coal and return to operation using a new, more sustainable fuel, made from non-recyclable material, originally destined for landfill. The converted power station could be an important asset to Newport and Wales and the global fight against climate change. There are over 2000 coal fired power stations operating around the world today, and this number is set to increase. The ability to accelerate the global transition away from coal has significant implications and SAE is proud to be a leader in this field. Uskmouth power station will halve the carbon emissions from when it operated using coal. In comparison to other thermal technologies operating today, the project will be one of the lowest emitters, on par with the most efficient combined cycle gas plants. SAE was pleased to announce (17 March 2021) that it is a delivery partner in the South Wales Industrial Cluster, which has successfully secured grant funding from Innovate UK. The funding enables SAE to carry out feasibility work on carbon capture usage and storage (CCUS) which would result in the converted Uskmouth power station becoming carbon negative. This would make Uskmouth a leader in both coal replacement technology and carbon capture and utilisation technology. The conversion of the Uskmouth project will deliver critical power to Newport and the National Grid. Newport continues to attract new industrial companies, with many requiring dependable, sustainable and dispatchable power, which currently is unable to be met by renewables. A converted Uskmouth would be the lowest carbon solution and avoid the need to build new fossil fuel powered stations to meet these requirements. With the opportunity for CCUS on site, Newport could lead the world in attracting and powering green industries. The planning application is for external infrastructure required to transport, store, and convey the fuel pellets, which the planning officer for Newport City Council had recommended approval of planning permission. On 24 March 2021, the application was "called in", which means the application will now be determined by the Welsh Minister and not the local Council. SAE will continue to engage with Welsh Government to understand the timeline for a decision and will update the market when details of the expected timeline are provided. On environmental permitting, SAE made its final submission to Natural Resources Wales (NRW) on 19 March 2021 and is confident it demonstrated the project's compliance with all relevant legislation. SAE will continue to work with NRW to address any issues if raised. A decision from NRW is expected in Q3 this year. Tidal SAE continues to work with UK Government to secure the necessary support mechanisms to allow the further rollout of tidal stream technology, especially the next phase of the MeyGen project. Once operational, this project will be the largest tidal array ever built and continues to be both a pioneer and a flagship for both the industry and the technology globally. We expect the buildout of MeyGen will unlock significant international opportunity for further projects and continue the reduction in the levelized cost of energy from tidal generation towards that of more established forms of renewable generation. The UK Government has indicated that it will announce the details of the support mechanisms this summer, with the auction round taking place towards the end of the year. Operationally, MeyGen continues to provide vital learning to help the design and development for our future projects. Currently, three of the turbines have been moved to our workshop in Nigg to allow the team to complete onshore service works. We expect one of the turbines to be returned to service very shortly with the other two scheduled to be returned to service later in the year, once their service works are completed. Project development for SAE's Raz Blanchard demonstration array, located between Alderney and France, is making good progress as it looks to vary the existing site consents and permits to enable deployment of the next generation of SAE's tidal turbine which is designed to enable a step change reduction in the levelized cost of energy from tidal generation. The project will include four turbines, connected through a subsea hub, with a single export cable back to shore. The subsea hub has now been proven through its successful installation at MeyGen in 2020 and the design of the array will implement lessons learned from this deployment. Additional offshore site surveys are planned for Q2 2021, which will allow for more the detailed resource modelling required for the site-specific detailed design. SAE welcomes the recently announced French legislation, which will help provide the necessary revenue support through a competitive power purchase contract for the project. SAE and its project partner, Agence de Développement pour la Normandie, will continue to work closely to progress this important project. Hydro SAE is currently managing the construction of three interlinked hydro projects, with a combined total installed capacity of 5.8MW. The first project was commissioned in March 2021, with the second and third projects due to be commissioned in the next few months. A separate fourth project commenced construction in January with commissioning and first generation due in November 2021. Following commissioning of these projects, SAE's Operations and Maintenance team will take over the day-to-day management of each of these schemes. The SAE team continues to manage a broad portfolio of hydro assets and is working on several innovative and challenging refurbishment and optimisation projects to maximise the performance and economics across the portfolio. Recent Press SAE notes recent media reports involving its largest shareholder, SIMEC UK Energy Holdings ("SUEH"), a GFG Alliance member. SAE does not comment on press speculation relating to the operations of its shareholders, but, given some misstatements, the Board wish to make clear that SAE is an independent company whose shares are admitted to trading on AIM. SAE understands SUEH currently owns approximately 43% of the issued share capital of SAE. SAE is not a member of the GFG Alliance and has no connection with any of the funding mechanisms used in that organisation. SAE is the sole owner of the Uskmouth Power station. We look forward to continuing to update the market on our exciting portfolio of projects in the coming months.
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08/10/2020
10:36		tempesttroy: SAE share price doing better this week. Hopefully it can continue to gain some lost ground.
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