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OEEconfirms No implications for existing EUfunding
OEEconfirms No implications for existing EUfunding.
About this update from Ampeak Energy Limited
[{"type":"text","content":"\n \nRNS Number : 5671D Atlantis Resources Limited 07 July 2016 \n\nThursday 7 July 2016\nAtlantis Resources Limited\n(\"Atlantis\" or the \"Company\")\n \nEU confirms Brexit has No implications for existing EU funding for UK companies\n \nAtlantis welcomes a statement from Ocean Energy Europe (\"OEE\") confirming that there will be no impact on existing EU funding of UK companies as a result of Brexit. \n \nThe European Commission has assured OEE that all existing contracts to award Commission funds (including Horizon 2020, LIFE, NER 300) and all financing contracts with the European Investment Bank for companies and organisations in the UK are still valid and binding.\n \nMoreover, for as long as the UK is a member of the European Union, companies and organisations in the UK have the right to apply for funding or financing under new calls or programmes.\n \nOnce the UK Government formally notifies the EU of its decision to cease membership, the process and negotiations could last several years. Jean-Claude Juncker, President of the European Commission, confirmed that \"until this process of negotiations is over, the United Kingdom remains a member of the European Union, with all the rights and obligations that derive from this. (…) EU law continues to apply to the full to and in the United Kingdom.\"\n \n \n \nEnquiries:\n \n\n\n\n\nAtlantis Resources\n\n\nvia FTI Consulting\n\n\n\n\nTim Cornelius, Chief Executive Officer\n\n\n\n\n\n\n\nSimon Counsell, Chief Financial Officer\n \n\n\n\n\n\n\n\nPeel Hunt LLP (Nominated Adviser and Broker)\n\n\n+44 (0)20 7418 8900\n\n\n\n\nAdrian Trimmings \nJock Maxwell Macdonald\nEuan Brown\n \n\n\n\n\n\n\n\nFTI Consulting\n\n\n+44 (0)20 3727 1000\n\n\n\n\nBen Brewerton\nAlex Beagley\nStephanie Blott\nJames Styles\n \n\n\n\n\n\n\n\nLochend Wind Energy\n\n\n+44 (0)7825 183837\n\n\n\n\nAlex Dalton\n\n\n\n\n\n\n\n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCUGURCMUPQGUM\n ","length":4819,"tagName":"div"}]