Notice of Meeting of Shareholders to Approve Proposed Dividend in Specie

Source: www.gulfoilandgas.com 11/2/2021, Location: South America

President Energy, the energy company with a diverse portfolio of energy assets announces an update regarding a proposed dividend in specie (the "Distribution") of the shares it holds in Atome Energy PLC ("Atome") and the calling of a meeting of Shareholders of the Company ("Shareholders").

The distribution of shares in Atome
President yesterday evening posted a letter to Shareholders in the form set out at the end of this announcement ("Document") with the intended purpose of completing the legal necessities to allow for the Distribution.

The Document contains certain details of the contemplated spin out of Atome from President, the Distribution and the intended admission of Atome's share capital to trading on the AIM Market of the London Stock Exchange .

Shareholders' attention is drawn to the Notice of a General Meeting of the Company to be held on 18 November 2021 at 11am at the offices of Fieldfisher LLP , Riverbank House, 2 Swan Lane , London EC4R 3TT which is set out at the end of the Document.


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