24 July 2024
ATOME PLC
("ATOME", "the
Company", or "the Group")
Results of AGM
ATOME (AIM: ATOM), the leading developer of
international green fertiliser projects, is pleased to announce
that all resolutions proposed to shareholders at the Company's AGM
held at 10.00am today were duly passed.
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, Harry
Davies-Ball
|
+44 (0)
20 3490 0470
|
FTI
Consulting (Strategic Communications)
Elizabeth Adams, Ben
Brewerton
|
+44 (0) 20 3727 1000
atome@fticonsulting.com
|
The information communicated within this announcement is
deemed to constitute inside information as stipulated under the
Market Abuse Regulations (EU) No 596/2014 which is part of UK law
by virtue of the European Union (Withdrawal) Act 2018. Upon
publication of this announcement, this inside information is now
considered to be in the public domain. The person who arranged for
the release of this announcement on behalf of the Company was Peter
Levine, Chairman.
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 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")
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-