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Update on Bond Offer

4 Nov 2019 07:00

RNS Number : 0644S
SIMEC Atlantis Energy Limited
04 November 2019
 

4 November 2019

 

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR IN OR INTO ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, DISTRIBUTION OR RELEASE WOULD BE RESTRICTED BY ANY APPLICABLE LAW.

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT FORM PART OF AN OFFER TO SELL OR ISSUE OR A SOLICITATION TO BUY, SUBSCRIBE FOR OR OTHERWISE ACQUIRE, ANY SECURITIES IN ANY JURISDICTION IN WHICH ANY SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL.

 

SIMEC Atlantis Energy Limited

("Atlantis" or the "Group")

 

Update on Bond Offer

 

Atlantis, a global leader in the renewable energy sector, is pleased to announce that following the formal launch of its proposed five-year bond through Abundance Investment Limited, investor commitments have now passed £1.8 million. The Company has also extended the offer to investors which will now remain open until 31 January 2020.

 

Enquiries:

 

SIMEC Atlantis Energy

via FTI Consulting

Tim Cornelius, Chief Executive Officer

Andrew Dagley, Chief Financial Officer

Cantor Fitzgerald Europe (Nominated Adviser and Broker)

+44 (0)20 7894 7000

Rick Thompson

David Porter

FTI Consulting

+44 (0)20 3727 1000

Ben Brewerton

Alex Beagley

James Styles

 

 

About Atlantis

SIMEC Atlantis Energy Limited is the global developer, owner and operator of sustainable energy projects with a diverse portfolio of more than 1,000 megawatts in various stages of development. This includes a stake of 77% in the world's largest tidal stream project, MeyGen, and a 100% stake in the 220MW Uskmouth Power Station conversion project.

 

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Date   Source Headline
4th Apr 20167:00 amRNSPartnership with Infrastructure Investor - Equitix
19th Feb 20167:00 amRNSPublication of MeyGen project newsletter
14th Jan 20167:00 amRNSSenior Management Appointment
17th Dec 20157:00 amRNSProposed Acquisition of Tidal Projects
9th Dec 20157:00 amRNSMeyGen Operational Update
8th Dec 20157:00 amRNSCollaboration Agreement
1st Dec 20157:00 amRNSSenior Management Appointment
19th Nov 20157:00 amRNSEngagement of Macquarie Capital (Europe)
16th Oct 20157:00 amRNSEUR17m EC Funding Secured for Project Stroma
24th Sep 201510:09 amRNSSuccessful deployment of Subsea Cables - MeyGen
15th Sep 20157:00 amRNSDirectorate Change
11th Sep 20157:00 amRNSCanadian FORCE Facility Joint Venture Partnership
4th Sep 20157:00 amRNSInterim Results
28th Aug 20153:29 pmRNSTotal Voting Rights
20th Aug 20157:00 amRNSPlacing and Trading Update
3rd Aug 20157:00 amRNSBoard Changes
24th Jul 201512:16 pmRNSCompletion of MeyGen Horizontal Drilling Programme
3rd Jul 201512:19 pmRNSHolding(s) in Company
1st Jul 20157:00 amRNSCompletion of Marine Current Turbines Acquisition
24th Jun 20151:53 pmRNSResult of AGM
24th Jun 20158:00 amRNSAGM Trading Update
20th May 20157:00 amRNSFinal Results
29th Apr 20157:00 amRNSAcquisition of Marine Current Turbines Limited
30th Mar 20157:00 amRNSTurbine Construction Contract with Lockheed Martin
30th Jan 20159:00 amRNSPublication of Shareholder Newsletter
22nd Dec 20147:00 amRNSFeed-in Tariff Award in Canada
19th Dec 20147:00 amRNSFirst Debt Drawdown for MeyGen Project Financing
24th Nov 20147:00 amRNSPublication of Shareholder Newsletter
6th Nov 20145:03 pmRNSHolding(s) in Company
5th Nov 201411:29 amRNSMeyGen Project awarded ICOE's Navigator Award
29th Oct 20147:00 amRNSAtlantis Signs Canadian Marine Energy Lease
24th Oct 20147:00 amRNSPlacing to raise £5.0 million
24th Sep 20147:00 amRNSInterim Results
18th Sep 20147:00 amRNS£51 million MeyGen Financial Close Completed
11th Sep 20147:00 amRNSMeyGen signs seabed lease
26th Aug 20147:00 amRNS£7.5m contract with Energy Technologies Institute
21st Aug 20145:51 pmRNSMeyGen Project Financing Package Agreed
11th Aug 20147:00 amRNSProject MeyGen Update
29th Jul 20147:00 amRNSUpdate on Allocation of Contracts for Difference
25th Jul 20147:00 amRNSMeyGen Project Update
16th Jul 20147:00 amRNSChange of Adviser and Open Letter to Shareholders
16th Jul 20147:00 amRNSMeyGen Project Update
3rd Jul 201411:00 amRNSMeyGen Project Update
30th Jun 201411:45 amRNSResult of AGM
2nd Jun 20147:00 amRNSFinal Results
28th May 20147:00 amRNSNotice of Results
6th May 20147:01 amRNSStrategic Alliance with RusHydro
14th Apr 20147:00 amRNSInvestor Presentation
7th Apr 20147:00 amRNSExpansion of strategic relationship with Dongfang
18th Mar 20143:00 pmRNSLockheed Martin Technology Development Agreement

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