Atome Energy PLC’s Admission to AIM

In UK Edwin Coe, advised on the matter.

Edwin Coe advised Beaumont Cornish, FinnCap Ltd, SP Angel Corporate Finance LLP with a team including Daniel Bellau (Picture – Equity Capital Markets).

The AIM Placing and Primary Bid Offer at 80p per share raised £6 million, with an additional £3 million standby facility. Atome Energy PLC intends to use the income to fund ongoing projects.

Atome Energy PLC is a Leeds-based green energy company, with large-scale production planned in Iceland and Paraguay targeting the fast-growing global demand for eco-friendly power. Green hydrogen is widely considered to be a key ESG clean energy resource in the UK’s bid to reach net-zero emission targets by 2050. It can be widely used in industries such as heavy goods vehicles, maritime shipping and certain industrial processes where batteries or other forms of alternative power to fossil fuels are not expected to fulfil the required needs.

Daniel Bellau (Picture), Partner, led the Edwin Coe team alongside Associate Christophe Robert and Trainee Tara Mirjani-Arjenan.

Involved fees earner: Daniel Bellau – Edwin Coe; Christophe Robert – Edwin Coe;

Law Firms: Edwin Coe;

Clients: Beaumont Cornish; FinnCap Ltd; SP Angel Corporate Finance LLP;

Author: Giulia Di Palma