Atome Energy PLC ( (GB:ATOM) ) has shared an update.
ATOME Energy PLC announced a significant share acquisition by its Chairman, Peter Levine, who acquired shares from Molecular Energies Limited, increasing his stake in the company to 28.79%. This transaction, part of financial arrangements with IYA Global Limited, consolidates Levine’s influence within ATOME, which could impact the company’s strategic direction. The Concert Party, including Levine, maintains a 37.841% interest in the company, subject to the Takeover Code, indicating potential future strategic maneuvers.
More about Atome Energy PLC
ATOME PLC is an AIM-listed company focused on producing green fertilizers, with significant projects in Paraguay and a pipeline in Central America. The company is developing a green power generation and infrastructure business, leveraging renewable energy sources. ATOME’s flagship project in Villeta, Paraguay, has secured a renewable power purchase agreement and is partnered with Yara International for fertilizer offtake. The company is also active in Costa Rica, aiming to capitalize on the region’s agricultural market.
YTD Price Performance: -14.74%
Average Trading Volume: 83,498
Technical Sentiment Signal: Hold
Current Market Cap: £19.89M
For detailed information about ATOM stock, go to TipRanks’ Stock Analysis page.