Interim results

Interim results By Admin | September 26, 2024 Interim results SAE announces its unaudited interim results for the six months ended 30 June 2024. A complete version of the interim results can be found on the Company website (www.saerenewables.com/investor-relations/company-documents). Key Highlights SAE received £7.0 million from the land sale contract with EL (Uskmouth) Ltd SAE acquired 100% ownership…

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SAE secures support to deliver more capacity at the world leading MeyGen project

SAE secures support to deliver more capacity at the world leading MeyGen project SAE is pleased to announce that it has secured a Contract for Difference (“CfD”) in the latest Allocation Round (“AR”), for the world leading MeyGen site. These CfD contracts, which guarantee 172 (£/MWh), for 15 years from 31st March 2029, the target…

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SAE has been provided with London Stock Exchange’s Green Economy Mark

SAE has been provided with London Stock Exchange’s Green Economy Mark SAE is pleased to announce that the London Stock Exchange has provided it with the Green Economy Mark. The Green Economy Mark, first introduced in 2019, was created to assist investors in identifying an investible universe of ‘green economy’ equities.  The Green Economy Mark…

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SAE takes full ownership of 120MW/240MWh BESS project at Uskmouth

SAE takes full ownership of 120MW/240MWh BESS project at Uskmouth SAE has achieved the next step in delivering its ‘Building a Sustainable Future to 2035’ strategy by taking full ownership of the 120MW Battery Energy Storage System (“BESS”) project at the Uskmouth Sustainable Energy Park (“USEP”). According to the Company’s latest estimates, the BESS project…

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Result of AGM

Result of AGM SAE announces that at the Annual General Meeting of the Company held today, all resolutions put to shareholders were duly passed, with the exception of special resolution 8 which was not passed. All resolutions were decided on a poll. The Company will engage with the largest of those shareholders that voted against Resolution…

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Director/PDMR Dealings

Director/PDMR Dealings SAE has been notified of the following purchases of ordinary shares of no par value in the Company (“Shares”) by Directors of the Company. Name Position Number of Shares Purchased   Price Resultant Holding % of Issued Share Capital Simon Hirst Chief Financial Officer 850,000 1.9875p 932,034 0.13% John Woodley Non-Executive Director 500,000…

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Bond repayment update and AIM Rule 26 website change

SIMEC Atlantis Energy Limited (“SAE Renewables”, the “Company” and, together with its subsidiaries, the “Group”) Bond repayment update and AIM Rule 26 website change SAE Renewables (AIM: SAE) is today issuing a communication to its bondholders outlining its plans for repayment of its three 5-year debentures, issued through Atlantis Future Energy (“AFE”) and Atlantis Ocean…

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