Business

Result of Fundraise

Result of Fundraise.

articleAtome PlcDecember 14, 20223/company/atome-energy-plc/news/result-of-fundraise-1
Result of Fundraise

About this update from Atome Plc

[{"type":"text","content":"\n \n \n \n THIS 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\n \n \n ATOME ENERGY PLC.\n \n \n \n \n NOT 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 \n \n \n \n 14 December 2022\n \n \n \n \n ATOME ENERGY PLC\n \n \n \n (\"\n \n Atome\n \n \", the \"\n \n Company\n \n \" or \"the Group\")\n \n \n  \n \n \n Result of Fundraise\n \n \n  \n \n \n ATOME Energy (AIM: ATOM), the company focused on green hydrogen and ammonia production globally with projects in both Europe and South America, announced on 12 December 2022 a fundraising comprising a placing of new Ordinary Shares (the \"Placing\")at a price of 106.2 pence per new ordinary share (\"Placing Price\"), an offer via PrimaryBid (the \"PrimaryBid Offer\") at the Placing Price and at the discretion of the Directors, the possible issue of further new ordinary shares at the Placing Price should there be appropriate demand (the \"Further Issue\") (together the \"Fundraise\").\n \n \n  \n \n \n The Company is pleased to announce that the PrimaryBid Offer has successfully raised\n gross proceeds of 0.55 million\n through the issue\n of\n  517,891 new ordinary shares (\"RetailOffer Shares\"). In addition, the Further Issue also closed at the same time as the PrimaryBid Offer raising further gross proceeds of £0.49 million through the issue of  460,298 new ordinary shares (the \"Further Issue Shares\").\n \n \n  \n \n \n As announced on 12 December 2022, the Company is issuing 2,542,364 new ordinary shares in the Company pursuant to the Placing (the \"Placing Shares\").\n \n \n  \n \n \n In aggregate therefore, pursuant to the Fundraise, the Company is issuing 3,520,553 new ordinary shares, comprising the Placing Shares, the Retail Offer Shares, and the Further Issue Shares (together the \"New Ordinary Shares\") raising gross proceeds of approximately £3.74 million.\n \n \n &nbs...

More updates from Atome Plc