Business
Additional Issue of Shares
Additional Issue of Shares.
About this update from Atome Plc
[{"type":"text","content":"\n\nTHIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY, AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF ATOME ENERGY PLC.\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY PERSON LOCATED OR RESIDENT IN, ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, CANADA OR JAPAN.\n \n23 May 2023\nATOME ENERGY PLC\n(\"Atome\", the \"Company\" or \"the Group\")\n \nAdditional Issue of New Ordinary Shares\n \nATOME Energy (AIM: ATOM), the only international green hydrogen and ammonia project development company on the London Stock Exchange, with current focus on the large-scale Villeta project in Latin America, as well as hydrogen mobility projects, announces an additional issue of new ordinary shares.\n \nAs announced on 22 May, the Company has issued 2,526,316 new ordinary shares (\"Subscription Shares\") to Baker Hughes (\"BH\") at a price of £0.95 per share (\"Subscription Price\").\n \nFollowing this announcement, the Company is pleased to announce that it has now issued a further 1,776,317 ordinary shares (\"Additional Shares\") to additional investors acceptable to the Company at the same Subscription Price (£0.95 per share). SP Angel acted as broker on this additional fundraising.\n \nIn aggregate therefore, taking into account both Subscription Shares and the Additional Shares, the Company is issuing 4,302,633 new ordinary shares (\"New Ordinary Shares\"), raising gross proceeds approximately £4.1 million. The gross proceeds arising from the issue of the New Ordinary Shares will used for general working capital purposes.\n \nAdmission\nApplication will be made for the 4,302,633 New Ordinary Shares, which will rank pari passu with the existing shares of the Company, to be admitted to trading on AIM (\"Admission\") and it is expected that Admission will be effective on or around 30 May 2023.\n \nFurther information\nA copy of this announcement is available on the Company's website, at https://www.atomeplc.com\nFor more information, please visit https://www.atomeplc.com or contact:\n \n\n\n\nATOME Energy PLC...