27 December 2023
SIMEC Atlantis Energy Limited
("SAE Renewables", "SAE" or the "Company")
Update on Abundance voting
Following the announcement on the 5 December 2023, SAE confirms that more than 75% of each class of the Abundance bondholders by value have voted in favour of the requested amendments to the debenture deeds. The amendments to the deeds are therefore implemented with immediate effect.
SAE would like to thank all the bondholders for their continued support.
Defined terms in this announcement shall have the same meaning as in the Company's announcement on 5 December 2023, unless otherwise noted.
For further information, please contact:
| SAE Renewables Sean Parsons, Director of External Affair | +44 (0)7739 832 446 |
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| Strand Hanson Limited (Nominated and Financial Adviser) Richard Johnson Rory Murphy David Asquith | +44 (0)20 7409 3494 |
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| 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. SAE owns the world's flagship tidal stream project, MeyGen. SAE is also the owner of the Uskmouth Power Station site that is being repurposed into a sustainable energy park, initially housing one of the UK's largest battery energy storage projects. https://www.saerenewables.com/
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