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RESULT OF SHAREHOLDER VOTES AT GENERAL MEETING

13 June 2018

RESULT OF SHAREHOLDER VOTES AT GENERAL MEETING

Atlantis Resources Limited (“Atlantis” or the “Company”)

At the Company’s General Meeting held earlier today, 13 June 2018, both of the resolutions were passed on a poll.  The results of the poll are set out below.

  In Favour Against Total Votes Cast Withheld
Resolution No of votes % of votes No of votes % of votes No of votes No of votes
To approve the acquisition of SIMEC Uskmouth Power Limited, to authorise the directors to allot the Ordinary Shares in the Company to be issued pursuant to the Acquisition and the Placing and to change the name of the Company to SIMEC Atlantis Energy Limited. 84,123,046 99.93 57,984 0.07 84,181,030 0
Waiver by Independent Atlantis Shareholders of the right to receive a general offer from SIMEC UK Energy Holdings Ltd (and any person acting in concert with it), arising from SIMEC obtaining through the Acquisition an interest in the Enlarged Share Capital of Atlantis of approximately 49.99 per cent. 84,122,646 99.93 58,384 0.07 84,181,030 0

A “vote withheld” is not a vote in law and is not counted in the calculation of the proportion of the votes for and against the resolution.

The completion of the Acquisition and the Placing is expected to occur on 15 June 2018 and, with effect from the same date, the Company’s name will change to SIMEC Atlantis Energy Limited.

Application has been made for the Placing Shares, the Consideration Shares and the SIMEC Loan Completion Shares to be admitted to trading on AIM. It is expected that Admission of such shares will become effective and that dealings will commence on 15 June 2018. It is also expected that on 15 June 2018, the Company’s existing Ordinary Shares will be re-admitted to trading on AIM.

Unless otherwise defined, the terms used in this announcement have the meanings set out in the Company’s announcement published on 21 May 2018.

For further information please contact:

Atlantis Resources Limited

Tim Cornelius, Chief Executive

Andrew Dagley, Finance Director

 

Via FTI Consulting
Cantor Fitzgerald Europe
(Nominated Adviser, Joint Broker and Joint Bookrunner)
Rick Thompson

Richard Salmond

David Porter

 

+44(0)20 7894 7000
Macquarie Capital (Europe) Limited (Joint Broker
and Joint Bookrunner)                                 
Nick Stamp
+44(0)20 3037 2000
FTI Consulting

Ben Brewerton

Alex Beagley

James Styles

+44(0)20 3727 1000