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Update on Bond Offer

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THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR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 Limited

Tim Cornelius, Chief Executive Officer
Andrew Dagley, Chief Financial Officer

 

via FTI Consulting

 

Cantor Fitzgerald Europe (Nominated Adviser and Joint Broker)
Rick Thompson
David Porter
+44 (0)20 7894 7000
J.P. Morgan Cazenove (Joint Broker)              
Michael Wentworth Stanley
+44 (0) 207 742 4000
FTI Consulting
Ben Brewerton
Alex Beagley
James Styles
+44 (0)20 3727 1000

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.