Source - LSE Regulatory
RNS Number : 0342W
SIMEC Atlantis Energy Limited
11 July 2024
 

11 July 2024

Logo, company name Description automatically generated

 

SIMEC Atlantis Energy Limited

("SAE Renewables", "SAE" or the "Company")

 

Director/PDMR Dealings

 

SAE has been notified of the following purchases of ordinary shares of no par value in the Company ("Shares") by Directors of the Company.

 

 

Name

Position

Number of Shares Purchased

 

Price

Resultant Holding

% of Issued Share Capital

Simon Hirst

Chief Financial Officer

850,000

1.9875p

932,034

0.13%

John Woodley

Non-Executive Director

500,000

2.0025p

500,000

0.07%

Graham Reid

Chief Executive Officer

225,780

2.1580p

225,780

0.03%

Duncan Black

Chairman

271,951

2.0000p

4,914,370

0.68%

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail in respect of the transaction as described above.

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

1.   Simon Hirst

2.   John Woodley

3.   Graham Reid

4.   Duncan Black

 

2

Reason for the notification

a)

Position/status

1.   Chief Financial Officer

2.   Non-Executive Director

3.   Chief Executive Officer

4.   Chairman

 

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Simec Atlantis Energy Limited

b)

LEI

21380056V967FGHNU187

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary shares of no par value



Identification code

SG9999011118



b)

Nature of the transaction

Market purchase

c)

Price(s) and volume(s)





Price(s)

Volume(s)




1

1.9875p

850,000




2

2.0025p

500,000




3

2.1580p

225,780




4

2.0000p

271,951







d)

Aggregated information




- Aggregated volume

N/A



- Price




e)

Date of the transaction

 

9 July 2024

 

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

 

 

 

 

For further information, please contact:

 

SAE Renewables

Sean Parsons, Director of External Affair

+44 (0)7739 832 446



Strand Hanson Limited (Nominated and Financial Adviser)

Richard Johnson

Rory Murphy

David Asquith

+44 (0)20 7409 3494

 

 

Zeus Capital Limited (Broker)

Louisa Waddell

Simon Johnson

 

+44 (0)20 3829 5000

 

Notes to Editors

SAE Renewables is a global developer, owner and operator of sustainable energy projects. SAE owns the world's flagship tidal stream project, MeyGen. SAE is also the owner of the Uskmouth Power Station site that is being repurposed into a sustainable energy park, initially housing one of the UK's largest battery energy storage projects. https://www.saerenewables.com/

 

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END
 
 
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