SIMEC Atlantis Energy Management

Management criteria checks 2/4

SIMEC Atlantis Energy's CEO is Graham Reid, appointed in Jan 2021, has a tenure of 3.83 years. directly owns 0.031% of the company’s shares, worth £3.84K. The average tenure of the management team and the board of directors is 2.7 years and 4 years respectively.

Key information

Graham Reid

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	3.8yrs
CEO ownership	0.03%
Management average tenure	2.7yrs
Board average tenure	4yrs

Recent management updates

Recent updates

At UK£0.018, Is SIMEC Atlantis Energy Limited (LON:SAE) Worth Looking At Closely?

Oct 11

There's No Escaping SIMEC Atlantis Energy Limited's (LON:SAE) Muted Revenues Despite A 110% Share Price Rise

Jun 28

SIMEC Atlantis Energy Limited (LON:SAE) Not Doing Enough For Some Investors As Its Shares Slump 27%

Mar 14

SIMEC Atlantis Energy Limited's (LON:SAE) Prospects Need A Boost To Lift Shares

Nov 23

Is SIMEC Atlantis Energy (LON:SAE) Using Too Much Debt?

Sep 29

CEO

Graham Reid (62 yo)

3.8yrs

Tenure

UK£290,000

Compensation

Mr. Graham Matthew Reid, BSc (Hons), FICE, serves as Chief Executive Officer and Executive Director at SIMEC Atlantis Energy Limited since January 18, 2021. Mr. Reid served as Chief Executive Officer of Ar...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Graham Reid	CEO & Executive Director	3.8yrs	UK£290.00k	0.031% £ 3.8k
Simon Hirst	Group CFO & Executive Director	2.6yrs	no data	0.13% £ 15.8k
David Taaffe	Chief Operating Officer	2.8yrs	no data	no data
Sean Parsons	Director of External Affairs	no data	no data	no data
Alex Free	Head of IT	less than a year	no data	no data
Kelly Tock Han	Company Secretary	no data	no data	no data

2.7yrs

Average Tenure

Experienced Management: SAE's management team is considered experienced (2.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Graham Reid	CEO & Executive Director	3.8yrs	UK£290.00k	0.031% £ 3.8k
Simon Hirst	Group CFO & Executive Director	2.6yrs	no data	0.13% £ 15.8k
John Anthony Woodley	Non-Executive Director	16.2yrs	UK£39.00k	0.069% £ 8.5k
Duncan Stuart Black	Non-Executive Chairman	4.1yrs	UK£48.00k	0.68% £ 83.5k

4.0yrs

Average Tenure

57yo

Average Age

Experienced Board: SAE's board of directors are considered experienced (4 years average tenure).

SIMEC Atlantis Energy Management

Management criteria checks 2/4

Key information

Recent management updates

SIMEC Atlantis Energy Limited, Annual General Meeting, Jul 18, 2024

SIMEC Atlantis Energy Limited, Annual General Meeting, Aug 11, 2023

No independent directors

No independent directors

SAE Appoints Mark Evans as Project Development Director

Andrew Dagley Retires from the Board of Directors of SAE

Recent updates

At UK£0.018, Is SIMEC Atlantis Energy Limited (LON:SAE) Worth Looking At Closely?

Consensus EPS estimates fall by 145%

First half 2024 earnings released: UK£0.007 loss per share (vs UK£0.007 profit in 1H 2023)

New major risk - Revenue and earnings growth

There's No Escaping SIMEC Atlantis Energy Limited's (LON:SAE) Muted Revenues Despite A 110% Share Price Rise

Full year 2023 earnings released: EPS: UK£0.035 (vs UK£0.013 loss in FY 2022)

SIMEC Atlantis Energy Limited, Annual General Meeting, Jul 18, 2024

New minor risk - Financial data availability

SIMEC Atlantis Energy Limited (LON:SAE) Not Doing Enough For Some Investors As Its Shares Slump 27%

New major risk - Market cap size

New major risk - Share price stability

SIMEC Atlantis Energy Limited's (LON:SAE) Prospects Need A Boost To Lift Shares

First half 2023 earnings released: EPS: UK£0.007 (vs UK£0.011 loss in 1H 2022)

Is SIMEC Atlantis Energy (LON:SAE) Using Too Much Debt?

New major risk - Share price stability

SIMEC Atlantis Energy Limited, Annual General Meeting, Aug 11, 2023

No independent directors

SIMEC Atlantis Energy Limited Announces the Successful Deployment of 'Turbine 2' At the MeyGen Site

New minor risk - Share price stability

No independent directors

SAE Appoints Mark Evans as Project Development Director

The business’ own management team agreed to acquire an unknown majority stake in Advanced Tidal Engineering and Services (ATES) division from SIMEC Atlantis Energy Limited (AIM:SAE).

First half 2022 earnings released: UK£0.01 loss per share (vs UK£0.021 loss in 1H 2021)

SIMEC Atlantis Energy Limited Achieves Milestone in BESS Project Delivery

Andrew Dagley Retires from the Board of Directors of SAE

SIMEC Atlantis Energy Limited, Annual General Meeting, Aug 18, 2022

Full year 2021 earnings released: UK£0.12 loss per share (vs UK£0.042 loss in FY 2020)

No independent directors

SIMEC Atlantis Energy Limited Appoints Simon Hirst as Executive Director

Vh Auslandsbeteiligungen Gmbh and Alex Reading agreed to acquire SIMEC Green Highland Renewables for £3 million.

First half 2021 earnings released: UK£0.021 loss per share (vs UK£0.014 loss in 1H 2020)

SIMEC Atlantis Energy Limited has completed a Follow-on Equity Offering in the amount of £2.6 million.

Independent Non-Executive Chairman John Neill has left the company

Full year 2020 earnings released: UK£0.04 loss per share (vs UK£0.084 loss in FY 2019)

SIMEC Atlantis Energy Limited Achieves the Installation and Generation of Tidal Turbine in Japan

SIMEC Atlantis Energy Limited Appoints Graham Reid as New Chief Executive Officer in Place of Tim Cornelius Effective January 18, 2021

Atlantis Announces Joint Venture Agreement with N+P Group

SIMEC Atlantis Energy Limited Announces Management Changes

First half earnings released

New 90-day high - UK£0.27

SIMEC Atlantis Energy Limited has completed a Follow-on Equity Offering in the amount of £7.5 million.

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age