Business
Transaction by Significant Shareholder
Transaction by Significant Shareholder.
About this update from Atome Plc
[{"type":"text","content":"\n\n14 July 2023\n \nATOME ENERGY PLC\n(\"ATOME\", \"the Company\", or \"the Group\")\n \nTransaction by Significant Shareholder\n \nATOME (AIM: ATOM), the only international green hydrogen, ammonia, and fertiliser project development company on the London Stock Exchange, with current large-scale projects in Latin America and Europe, as well as hydrogen mobility projects, announces a significant shareholder transaction.\n \nATOME has been notified that Molecular Energies PLC (\"Molecular\"), the former parent company of ATOME prior to the Company's spin-out and IPO, has sold 800,000 ordinary shares (\"the Block\"), representing approximately 2% of ATOME, in the Company at a price of £1.00 per share. The resulting holding of Molecular in ATOME is now 8,272,045 ordinary shares representing 20.5% of the entire issued share capital of ATOME.\n \nThe purchaser of the Block is CFT Ventures, a Guernsey registered company, being the Crandall Family Trust. Mark Crandall was the head of Glencore's oil trading business before co-founding in 1993 the international commodity trader, Trafigura, with five other founding partners.\n \nSince leaving Trafigura, Mark founded and is currently Chairman and member of the Executive Board of PostScriptum Energy Pte Limited (www.postscriptum.com), a leading renewable energy developer active in grid-connected development in Europe and in the development of green hydrogen projects on three continents.\n \nPeter Levine, Chairman, commented:\n \n\"I am pleased that Molecular Energies has facilitated this transaction which enlarges and diversifies our serious strategic investor base.\n \n\"Mark and I go back to the early Trafigura days. I am confident he will be an active and constructive shareholder going forward.\"\n \nFor more information, please visit https://www.atomeplc.com or contact:\n \n\n\n\n\nATOME Energy PLC Nikita Levine, Investor Relations\n\n\n+44 (0) 113 337 2210\[email protected]\n\n\n\n\nBeaumont Cornish (Nominated Adviser) Roland Cornish, Michael Cornish\n\n\n+44 (0) 20 7628 3396\n\n\n\n\nLiberum (Joint Broker) Scott Mathieson, Kane Collings\n\n\n+44 (0) 20 3100 2000\n\n\n\n\nSP Angel (Joint Broker) Richard Hail, Harry Davies-Ball\n\n\n+44 (0) 20 3490 0470\n\n\n\n\nfinnCap (Joint Broker) Christopher Raggett, George Dollemore\n\n\...