ATOME the leading developer of international green fertiliser projects, gives notice of a Director / PDMR transaction and a further subscription of new ordinary shares.
Director / PDMR Shareholding
Robert Sheffrin, a Director of the Company,has notified the Company that on 11 October 2024 he transferred in an off-market transaction 23,000 ordinary shares in the Company ("Ordinary Shares") at nil consideration from certificated form held directly by him, to a CREST account of which he is the benficial owner.
Further to the above, Robert Sheffrin, on 14 October 2024 transferred 10,848 ordinary shares by way of an agency cross trade at 72p into a self-invested personal pension and 45,737 ordinary shares by way of an agency cross trade at 71p into an individual savings account.
Robert Sheffrin remains beneficially interested in 133,672 Ordinary Shares, representing 0.28% of the issued share capital of the Company. The notification in the appendix, made in accordance with the requirements of the Market Abuse Regulations, provides further detail.
Further Subscription
The Company announced on 26 September 2024, a subscription and placing for new shares in the Company at a subscription price of 75p ("Subscription Price"). The Company has arranged a further issue of 58,778 new Ordinary Shares in the Company at the Issue Price to an adviser amounting to £44,083.50 ("New Shares"). The monies will be used for additional general working capital purposes as ATOME develops its world leading major green fertiliser production projects, the first of which being the 145MW facility in Villeta, Paraguay. Application will be made for the New Shares, which will rank pari passu with all existing ordinary shares, to be admitted to trading on AIM ("Admission"). Admission is expected on or around 23 October 2024.
Total Voting Rights
Further to Admission, and in conformity with the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority, the Company's issued share capital will consist of 48,515,297 ordinary shares of 0.2p each with voting rights, none of which were held in Treasury.