Atome Plc Regulatory News (ATOM)

15 March 2023

ATOME ENERGY PLC

("ATOME", "the Company", or "the Group")

Director / PDMR Shareholding

Transaction

ATOME Energy (AIM: ATOM), the only pure international green hydrogen and ammonia production company on the London Stock Exchange with current large-scale projects in Europe and South America as well as hydrogen mobility projects gives notice of a Director / PDMR transaction.

Peter Levine, Chairman has today transferred 500,000 ordinary shares in the Company ("Ordinary Shares") at nil consideration from Alpha Energies Invest GmbH ("Alpha"), a company owned wholly and beneficially by Peter Levine, to the Peter Levine Foundation in which neither Peter Levine nor any members of his family are beneficially interested and whose principal objectives are for promoting education and the welfare of the young. The Ordinary Shares transferred represent 1.39% of the issued share capital of the Company.

Following the transfer, Peter Levine is now beneficially interested in 8,231,962 Ordinary Shares comprising 2,143,066 Ordinary Shares held directly a further 2,530,000 Ordinary Shares held in trust for the benefit of Peter Levine by Alpha and 3,558,896 Ordinary Shares held by PLLG Investments Limited (which is wholly owned by PLLG Nominees Limited, all of which is held in trust for Peter Levine).

For more information, please visit https://www.atomeplc.com or contact:

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The person who arranged for the release of this announcement on behalf of the Company was Peter Levine, Chairman.

About ATOME

ATOME Energy PLC is an AIM listed company targeting green hydrogen and ammonia production with over 500-megawatt of projects in Paraguay, Iceland and Central America.

Since its admission to AIM in December 2021 ATOME has signed its first electrolyser purchase order for its hydrogen transport Mobility Division due to start generating revenue in 2023 and signed a large scale 120MW power purchase agreement with ANDE, the state energy company in Paraguay for production of green hydrogen and ammonia targeted to start operations in 2025. It has procured 30 hectares of land in Villeta, Paraguay for that facility, mandated Natixis Corporate Investment Bank and the multilateral IDB Invest to lead the project funding and the FEED study is currently underway with the international companies Urbas and Casale.

In December 2022, ATOME entered into a joint venture with Cavendish, the renewable energy arm of the substantial and well-established Purdy Group based in Costa Rica and formed The National Ammonia Corporation S.A, which is owned equally by ATOME and Cavendish.

ATOME is in the process of operational planning, sourcing and negotiations with green electricity suppliers, equipment providers and offtake partners, including signed memoranda of understanding and cooperation agreements in place with key parties, to use electricity generated from existing geothermal sources in Iceland and hydroelectric power in Paraguay and Costa Rica. All chosen sites are located close to the power and water sources and export facilities to serve significant domestic and then international demand.

The Company has a green-focused Board which is supported by major shareholders including Peter Levine, Trafigura, one of the world's leading commodity and logistics company, and Schroders, a leading fund manager.

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