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AIM Rule 17 - Schedule 2(g) update
AIM Rule 17 - Schedule 2(g) update.
About this update from Ampeak Energy Limited
[{"type":"text","content":"\n\n27 June 2025\n\n \nSIMEC Atlantis Energy Limited\n(\"SAE Renewables\", \"SAE\" or the \"Company\")\n \n \nAIM Rule 17 - Schedule 2(g) update\n \nSAE provides the following update in accordance with AIM Rule 17 and Schedule 2(g) sub-paragraph (v) of the AIM Rules for Companies.\n \nAs part of a process to simplify SAE's corporate structure and to wind up the dormant corporate entities, certain SAE subsidiaries and one joint venture of SAE have been placed into creditors voluntary liquidation (CVL)\n \n- Atlantis Resources (Gujarat Tidal) Pte Limited (\"ARGL\") entered into a CVL on 25 June 2025\n- Sea Generation Limited (\"SGL\") entered into a CVL on 30 December 2024\n- NPA Fuels Limited (\"NFL\"), a joint venture, entered into a CVL on 26 November 2024\n \nGraham Reid, Chief Executive Officer, is a director of ARGL, SGL and NFL. Simon Hirst, Chief Financial Officer, is a director of ARGL and SGL.\n \nSAE is the primary creditor of these companies and the sums due to the parent company have been written off or fully impaired in the prior years' financial statements.\n \n \n- Ends -\n \n \nFor further information, please contact:\n \n\n\n\n\nSAE\nSean Parsons, Director of External Affairs\n\n\n+44 (0)7739 832 446\n\n\n\n\n\n\n\n\n\n\n\n\nStrand Hanson Limited (Nominated and Financial Adviser)\nRichard Johnson\nRory Murphy\nDavid Asquith\n\n\n+44 (0)20 7409 3494\n\n\n\n\n \n\n\n \n\n\n\n\nZeus Capital Limited (Broker)\nLouisa Waddell\nSimon Johnson\n \n\n\n+44 (0)20 3829 5000\n\n\n\n\n \nNotes to Editors\nSAE is a global developer, owner and operator of sustainable energy projects. SAE owns the world's flagship tidal stream project, MeyGen, and the Uskmouth Power Station site, that is being repurposed into a sustainable energy park that will become one of the UK's largest battery energy storage sites. https://www.saerenewables.com/\n \nSAE's strategy: \"Building a Sustainable Future to 2035\", can be viewed in the company's 2024 Annual report, pages 3-4.\nhttps://saerenewables.com/wp-content/uploads/2024/06/268176-SAE-Annual-Report-2023-CL.pdf\n \n \n \n\nProud to be part of London's universe of Green Economy Equities...