Atome Plc Regulatory News (ATOM)

THIS ANNOUNCEMENT IS FOR INFORMATIONAL PURPOSES ONLY, AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF ATOME ENERGY PLC.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY PERSON LOCATED OR RESIDENT IN, ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, CANADA OR JAPAN.

14 December 2022

ATOME ENERGY PLC

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

Result of Fundraise

ATOME Energy (AIM: ATOM), the company focused on green hydrogen and ammonia production globally with projects in both Europe and South America, announced on 12 December 2022 a fundraising comprising a placing of new Ordinary Shares (the "Placing") at a price of 106.2 pence per new ordinary share ("Placing Price"), an offer via PrimaryBid (the "PrimaryBid Offer") at the Placing Price and at the discretion of the Directors, the possible issue of further new ordinary shares at the Placing Price should there be appropriate demand (the "Further Issue") (together the "Fundraise").

The Company is pleased to announce that the PrimaryBid Offer has successfully raised gross proceeds of £0.55 million through the issue of 517,891 new ordinary shares ("Retail Offer Shares"). In addition, the Further Issue also closed at the same time as the PrimaryBid Offer raising further gross proceeds of £0.49 million through the issue of 460,298 new ordinary shares (the "Further Issue Shares").

As announced on 12 December 2022, the Company is issuing 2,542,364 new ordinary shares in the Company pursuant to the Placing (the "Placing Shares").

In aggregate therefore, pursuant to the Fundraise, the Company is issuing 3,520,553 new ordinary shares, comprising the Placing Shares, the Retail Offer Shares, and the Further Issue Shares (together the "New Ordinary Shares") raising gross proceeds of approximately £3.74 million.

Admission

The New Ordinary Shares will rank pari passu with the Company's existing ordinary shares. Following the issue of the New Ordinary Shares, the Company's issued share capital will consist of 36,020,553 Ordinary Shares. Accordingly, the figure of 36,020,553 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

Application will be made for the 3,520,553 New Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective on or around 20 December 2022.

Standby Equity Facility

The Board has now extended the Standby Equity Facility and granted the call option to PLLG Investments Limited as set out in the announcement dated 12 December 2022.

Further information

A copy of this announcement is available on the Company's website, at https://www.atomeplc.com

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

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"). 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 and Iceland, through its subsidiaries ATOME Paraguay, which is wholly owned, and Green Fuel ehf, in which ATOME Energy holds a 75 per cent interest, respectively.

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 60MW power purchase agreement with ANDE, the state energy company in Paraguay for production of green hydrogen and ammonia targeted to start operations at or around end 2024.

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. 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.

IMPORTANT NOTICES

This Announcement is not for publication or distribution, directly or indirectly, in or into the United States of America. This Announcement is not an offer of securities for sale into the United States. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States, except pursuant to an applicable exemption from registration. No public offering of securities is being made in the United States.

This Announcement and the information contained herein, is restricted and is not for publication, release or distribution, directly or indirectly, in whole or in part, in or into Australia, Canada, the Republic of South Africa, Japan or any other jurisdiction in which such publication, release or distribution would be unlawful. Further, this Announcement is for information purposes only and is not an offer of securities in any jurisdiction.

Beaumont Cornish Limited ("Beaumont Cornish"), which is authorised and regulated in the United Kingdom by the FCA and is a member of the London Stock Exchange, is the Company's nominated adviser for the purposes of the AIM Rules. Beaumont Cornish is acting exclusively for the Company and will not regard any other person (whether or not a recipient of this announcement) as a client and will not be responsible to anyone other than the Company for providing the protections afforded to its clients nor for providing advice in relation to the contents of this announcement or any other matter referred to herein. Beaumont Cornish's responsibilities as the Company's nominated adviser under the AIM Rules for Nominated Advisers are owed to the London Stock Exchange and not to any other person and in particular, but without limitation, in respect of their decision to acquire Ordinary Shares in reliance on any part of this announcement. Beaumont Cornish has not authorised the contents of this announcement for any purpose and no liability whatsoever is accepted by Beaumont Cornish nor does it make any representation or warranty, express or implied, as to the accuracy of any information or opinion contained in this announcement or for the omission of any information. Beaumont Cornish expressly disclaims all and any responsibility or liability whether arising in tort, contract or otherwise which it might otherwise have in respect of this announcement.

ENDS