Block Listing Application

SIMEC Atlantis Energy Limited

(“SAE”, the "Company" or, together with its subsidiaries, the "Group")

Block Listing Application

SAE announces that an application has been made for the block admission of 23,805,797 ordinary shares of no par value in the Company ("Ordinary Shares"), which will be issued from time to time within the rules of the Company's long term incentive scheme, the SIMEC Atlantis Energy Limited 2023 Long Term Incentive Plan (the "Incentive Plan").

When issued, the new Ordinary Shares will rank pari passu in all respects with the existing issued Ordinary Shares of the Company and it is expected that admission will become effective on or around 12 August 2025.

SAE Sean Parsons, Director of External Affair +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

SAE is a global developer, owner and operator of sustainable energy projects. SAE owns the world’s flagship tidal stream project, MeyGen, and the Uskmouth Power Station site, that is being repurposed into a sustainable energy park that will become one of the UK’s largest battery storage sites. https://www.ampeak.energy/

SAE recently released a video animation highlighting the scale and benefits of the USEP site. This can be viewed here.

SAE’s strategy: “Building a Sustainable Future to 2035”, can be viewed here.

Proud to be part of London's universe of Green Economy Equities
Proud to be part of London's universe of Green Economy Equities