Update on 2022 Annual Report and Financial Statements

SAE provides the following update in relation to its audited Annual Report and Financial Statements for its financial year ended 31 December 2022 (the “2022 Annual Report”). SAE will not be in a position to publish the 2022 Annual Report by 30 June 2023, as required by Rule 19 of the AIM Rules for Companies…

Read More

Abundance Bonds update

Further to the Company’s announcement on 2 June 2023, SAE is pleased to announce that the holders of the AOE17 debentures have approved the proposed amendment to the 2017 debenture deed, which: extends the maturity date from 30 June 2023 to 30 June 2024 (the “Extension Period”); and will pay an enhanced interest for the…

Read More

SAE Renewables issues a request to amend Debenture Deed

Further to the Company’s announcement on 23 February 2023 regarding the amendments to the debenture deeds, SAE Renewables is today issuing a further communication to the holders of the debentures issued in 2017 through Atlantis Ocean Energy (the “AOE17 debentures”), with the support of Abundance Investment Limited, requesting an amendment to the debenture deed, which…

Read More

Grant of options CSOP and LTIP

Grant of options CSOP and LTIP  Related Party Transaction Following a review by the Board of Directors (the “Board”) of SAE’s existing Company Share Option Scheme (“CSOP”), a tax efficient scheme open to all employees, and in line with the Board’s view that it is essential for the Company’s executive directors and key senior managers…

Read More

SAE update on Abundance Bonds and BESS project

SIMEC Atlantis Energy Limited (“SAE Renewables”, “SAE”, the “Company” and, together with its subsidiaries, the “Group”) SAE update on Abundance Bonds and BESS project   Abundance Bonds Further to the Company’s announcement on 23 February 2023, SAE is pleased to announce that Atlantis Future Energy debenture holders have approved the amendment to the 2018 debenture…

Read More

Bond repayment update and AIM Rule 26 website change

SIMEC Atlantis Energy Limited (“SAE Renewables”, the “Company” and, together with its subsidiaries, the “Group”) Bond repayment update and AIM Rule 26 website change SAE Renewables (AIM: SAE) is today issuing a communication to its bondholders outlining its plans for repayment of its three 5-year debentures, issued through Atlantis Future Energy (“AFE”) and Atlantis Ocean…

Read More

Appointment of Nominated and Financial Adviser

SIMEC Atlantis Energy Limited (“SAE Renewables”, the “Company” and, together with its subsidiaries, the “Group”)  Appointment of Nominated and Financial Adviser   SAE Renewables (AIM: SAE) is pleased to announce the appointment of Strand Hanson Limited as the Company’s Nominated and Financial Adviser with immediate effect. Zeus Capital Limited will be the Company’s sole broker.…

Read More

Change of Adviser

SIMEC Atlantis Energy Limited (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) Change of Adviser   SAE today announces the appointment of Zeus Capital Limited as Joint Broker, with immediate effect. This follows the completion of the acquisition of Arden Partners plc by Zeus Group Limited on 16 January 2023.   For further…

Read More