Company Auditor update

Further to shareholder approval at the Company’s extraordinary general meeting on 9 November 2023, the Company confirms that the resignation of Moore Stephens LLP has been approved by the Accounting and Regulatory Authority of Singapore, pursuant to the requirements of the Companies Act (Chapter 50) of Singapore. Consequently, Nexia Singapore PAC has been appointed as…

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Major milestone reached in BESS project

Major milestone reached in BESS project SAE is pleased to announce that the next Battery Energy Storage System (“BESS”) project at the Uskmouth site has been granted planning consent with conditions by Newport City Council.  This is another significant milestone in the business’s plan to develop 1GW of BESS at the Uskmouth Sustainable Energy Park,…

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Adoption of new LTIP and Grant of LTIP and CSOP options

SIMEC Atlantis Energy Limited (“SAE Renewables”, “SAE” or the “Company”) Adoption of new LTIP and Grant of LTIP and CSOP options   SAE announces that that the Company’s Remuneration Committee has approved the adoption of a new long term incentive plan (“LTIP”), following expiry of the previous LTIP on 10 December 2023 after a ten-year…

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Update on Abundance voting

SIMEC Atlantis Energy Limited (“SAE Renewables”, “SAE” or the “Company”) Update on Abundance voting Following the announcement on the 5 December 2023, SAE confirms that more than 75% of each class of the Abundance bondholders by value have voted in favour of the requested amendments to the debenture deeds. The amendments to the deeds are…

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BBC Green energy Special showcases MeyGen project

The BBC have released a green energy special showcasing the world-leading tidal technology deployed at MeyGen. It highlights the importance of Tidal Stream to the UK’s energy mix and the unique opportunity we have in the UK to scale up a predictable, low-carbon energy source in our own waters. They have followed it up with…

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Extraordinary General Meeting

SIMEC Atlantis Energy Limited (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) Extraordinary General Meeting SAE announces that a circular containing a notice convening an Extraordinary General Meeting of the Company (the “EGM”) will be posted to shareholders today. Shareholder approval is being sought for the appointment of Nexia Singapore PAC (“Nexia”) as…

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Director/PDMR dealing

SIMEC ATLANTIS ENERGY LIMITED (“SAE” or the “Company”) Director/PDMR dealing SAE has been notified that, on 27 September 2023, Duncan Black, Chairman, purchased 3,600,000 ordinary shares of no par value in the Company (“Shares”) at a price of 1.15p per shares. Following this purchase Mr Black is interested in 4,642,419 Shares, representing approximately 0.64% of…

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Interim results

SIMEC ATLANTIS ENERGY LIMITED (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) Interim results SAE announces its unaudited interim results for the six months ended 30 June 2023. A complete version of the interim results can be found on the Company website (www.saerenewables.com/investor-relations/company-documents).  Chairman’s Statement I am pleased to report a strong first…

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