PrimaryBid Offer

• ATOME announces a retail offer via PrimaryBid;
• The Issue Price for the Retail Shares is 106.2 pence per Retail Share, representing a discount of 10 per cent to the closing mid-market price on 9 December 2022;
• Investors can access the PrimaryBid Offer by visiting www.primarybid.com and downloading the PrimaryBid mobile app;
• Investors may also be able to take part through PrimaryBid’s extensive network of retail brokers, wealth managers and investment platforms. Subscriptions through these partners can be made from tax efficient savings vehicles such as ISAs or SIPPs, as well as General Investment Accounts (GIAs);
• Both the Placing Shares and Retail Shares will be sold at the Issue Price;
• There is a minimum subscription of £250 per investor in the PrimaryBid Offer, and the Company will give allocation preference to existing shareholders;
• No commission is charged by PrimaryBid on applications to the PrimaryBid Offer.

PrimaryBid Offer

ATOME (LON: ATOM) is pleased to announce, a conditional offer for subscription via PrimaryBid (the “PrimaryBid Offer”) of new Ordinary Shares of 0.2 pence each in the Company (“Retail Shares”) at an issue price of 106.2 pence per Retail Share (the “Issue Price”), being a discount of 10 per cent to the closing mid-market price on 9 December 2022. The Company is also conducting a placing of new Ordinary Shares (the “Placing Shares”) at the Issue Price by way of a Company led direct placing (the “Placing”) as announced earlier today. Through the PrimaryBid Offer, the Company is providing its existing retail shareholders and other investors with the opportunity to participate on the same terms as the Placing. In keeping with the principle of soft pre-emption, the Company will give allocation preference to existing shareholders.

As part of the Placing, Clean Power Hydrogen PLC, the UK manufacturer of electrolysers together with certain directors and senior employees in the Company have subscribed for a total of 2,235,634 Placing Shares.

The PrimaryBid Offer is conditional on the Placing Shares and the Retail Shares being admitted to trading on AIM (“Admission”). Admission is expected to be take place at 8.00 a.m. on 20 December 2022. The PrimaryBid Offer will not be completed without the Placing also being completed.

The Company will use the funds to provide itself with further funding to expedite its growth including the Villeta Project, in addition to allowing it to further exploit other opportunities as well as general working capital purposes.

Reason for the PrimaryBid Offer

The Company values its retail investor base and is therefore pleased to provide private and other investors the opportunity to participate in the PrimaryBid Offer by applying through the PrimaryBid mobile app available on the Apple App Store and Google Play. Investors may also be able to subscribe to the PrimaryBid Offer using their ISAs, SIPP or GIA by contacting their retail broker, wealth manager or investment platform. PrimaryBid does not charge investors any commission for these services.

Brokers wishing to offer their customers access to the PrimaryBid Offer, and future PrimaryBid transactions, should contact partners@primarybid.com.

The PrimaryBid Offer, will be open to individual and institutional investors following the release of this announcement. The PrimaryBid Offer is expected to close at 7:00 p.m. on 13th December 2022. The PrimaryBid Offer may close early if it is oversubscribed.

The Company reserves the right to scale back any order at its discretion. The Company and PrimaryBid reserve the right to reject any application for subscription under the PrimaryBid Offer without giving any reason for such rejection.

No commission is charged to investors on applications to participate in the PrimaryBid Offer made through PrimaryBid. It is vital to note that once an application for Retail Shares has been made and accepted via PrimaryBid, an application cannot be withdrawn.

For further information on PrimaryBid or the procedure for applications under the PrimaryBid Offer, visit www.PrimaryBid.com or email PrimaryBid at enquiries@primarybid.com.

The Retail Shares will be issued free of all liens, charges and encumbrances and will, when issued and fully paid, rank pari passu in all respects with the Company’s existing Ordinary Shares.

Below is an interview with ATOME’s CEO Olivier Mussat. Olivier highlights ATOME’s growth strategy, market opportunity and provides some detail on the recent 60MW PPA agreement with ANDE