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IN BRIEF: SIMEC Atlantis says subsidiary debenture extension approved

ALN

SIMEC Atlantis Energy Ltd - Edinburgh-based energy company focused on tidal energy - Says subsidiary SAE Renewables’s debenture extension from June 30, 2023 to June 30, 2024 has been approved by holders of the debentures issued in 2017 through Atlantis Ocean Energy. Says holders will pay enhanced interest rate of 10% for the extension period.

Current stock price: 0.99 pence, up 1.0%

12-month change: down 56%

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