Director/PDMR Dealings

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

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

a) Name Simec Atlantis Energy Limited
b) LEI 21380056V967FGHNU187

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.