TIDMSAE

RNS Number : 3617D

SIMEC Atlantis Energy Limited

21 June 2023

21 June 2023

SIMEC Atlantis Energy Limited

("SAE Renewables", "SAE", the "Company" and, together with its subsidiaries, the "Group")

Abundance Bonds update

Further to the Company's announcement on 2 June 2023, SAE is pleased to announce that the holders of the AOE17 debentures have approved the proposed amendment to the 2017 debenture deed, which:

-- extends the maturity date from 30 June 2023 to 30 June 2024 (the "Extension Period"); and

   --              will pay an enhanced interest for the Extension Period of 10%.

For further information, please contact:

 
SAE Renewables 
 Sean Parsons, Director of External 
 Affairs                                 +44 (0)7739 832 446 
 
 
  Strand Hanson Limited (Nominated and 
  Financial Adviser) 
  Richard Johnson 
  Rory Murphy 
  David Asquith                          +44 (0)20 7409 3494 
 
Zeus Capital Limited (Broker) 
 Louisa Waddell 
 Simon Johnson                           +44 (0)20 3829 5000

Notes to Editors

SAE Renewables is a global developer, owner and operator of sustainable energy projects with a diverse portfolio in various stages of development.

https://www.saerenewables.com/

2 June 2023 RNS: https://saerenewables.com/sae-renewables-issues-a-request-to-amend-debenture-deed/

Defined terms in this announcement have the same meaning as in the RNS on 2 June 2023 unless otherwise defined,

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END

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June 21, 2023 02:00 ET (06:00 GMT)

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