Terms and Conditions

By accessing this website (Site), you agree to be bound by the following terms and conditions (the Terms). Before using this Site, you should read carefully the Terms and also our Privacy Statement. By accessing this Site, you are indicating that you have read, acknowledged and agree to be bound by the Terms as detailed below. Note by accepting these Terms you also agree to “cookies” being placed on your computer. If you do not agree to the Terms please refrain from using this Site.

The information on this Site (including these Terms) is current at the date of publication but is subject to change without notice. You should review these Terms regularly as your continued use constitutes agreement to all such changes. This Site and its content are the property of.

In these Terms:

content means all pages, screens, information and materials included in or accessible through this Site. you, your and yours means you, the person(s) accessing this Site and the party on whose behalf you are doing so.
we, us, our and the Company means Atrato Onsite Energy.

Terms

These Terms cover your use of this Site.

The information on this Site is for information purposes only. Although the Company has taken all reasonable care to ensure that the information contained within this Site is accurate no representation or warranty (including liability towards third parties), expressed or implied, is made as to its accuracy, reliability or completeness by the Company, its affiliates and third parties that have provided information contained in this Site. Opinions and any other contents expressed on this Site are provided for your personal use and informational purposes only and are subject to change without notice. Nothing contained on this Site constitutes investment, legal, tax or other advice and is not to be relied on in making an investment or other decision. You should obtain relevant and specific professional advice before making any investment decision.

This Site may provide you with access to other websites which may be subject to their own terms and conditions. You should read their terms and conditions carefully before using the website in question.

This Site is intended for those who access it from within the United Kingdom. As a result, we cannot guarantee that the Site, or the information thereon, complies with the local laws or regulations of, or is appropriate for use in, any other jurisdiction from which you access it. If you choose to access this Site from a jurisdiction other than the United Kingdom, you do so at your own risk and the Company will not be liable for any breach of local law or regulation that you commit as a result of doing so.

If any part of these Terms is found by any court or other competent authority to be invalid, unlawful or unenforceable then such part shall be severed from the rest of the Terms which shall continue to be valid and enforceable to the fullest extent permitted by law.

The information, material and content provided in the pages of the Site may be changed at any time. Changes may be made to these Terms at any time without notice by updating this posting. You agree to review the Terms regularly and your continued access to or use of the Site will mean that you agree to any changes.

The content of this Site is general in nature. The Site is not intended to provide specific investment advice including, without limitation, investment, financial, legal, accounting or tax advice, or to make any recommendations about the suitability of the Company for the circumstances of any particular investor. If you do require investment advice, please consult a suitably qualified professional adviser.

Forward Looking Statements

Nothing in this Site is, or should be relied on as, a promise or representation as to the future. This Site includes ”forward-looking statements”. These forward-looking statements can be identified by the use of forward-looking terminology, including the terms “believes”, “estimates”, “anticipates”, “forecasts”, “projects”, “expects”, “intends”, “may”, “will” or “should” or, in each case, their negative or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this Site and include statements regarding the intentions, beliefs or current expectations of the Company.

Use of this Site is at your sole risk. Neither he Company nor any of its respective
affiliates assumes any responsibility for, or makes any warranties that:

  • any information contained on this Site will be accurate, complete or up to
    date or
  • meet your specific requirements,
  • this Site will be available,
  • access to this Site will be uninterrupted or that there will be no delays,
    failures,
  • errors or omissions or loss of information as this Site is transmitted to you,
  • no viruses or other contaminating or destructive materials or elements will be
  • transmitted or that your computer system will not be damaged.

The Company does not provide any guarantee about the accuracy, functionality or performance of any third party software, content or equipment used in connection with this Site.

Exclusions of our Liability

To the fullest extent permitted by law, the Company shall not be liable for any damage, loss or liability (whether arising in contract, tort, including negligence, or otherwise) arising out of or in connection with:

  • your use of this Site,
  • your reliance on or your inability to use the information on this Site, or
  • any failure or performance, error, omission, interruption, defect, delay in
    operation
  • or transmission, computer virus or line or system failure to this Site or your use or
  • attempted use of it.

You agree that under no circumstances, including, but not limited to, negligence, shall the Company or any other third party that has provided information contained in this Site or any of their respective affiliates be liable for any direct, special or consequential damages that result from the access or use of, or the inability to access or use, the materials on this Site.

All of the above exclusions apply even if you have advised us of the possibility of the above types of damage, loss or liability.

Data Protection and Privacy

We are committed to protecting your privacy. All information gathered from you in connection with your use of the Site will be maintained in accordance with the
applicable privacy policies disclosed for this Site (see our Privacy Statement).

Third Party Sites and Endorsements

This Site may provide links to third party websites or resources over which the Company has no control. These links are provided for your convenience which you may access at your sole discretion and entirely at your own risk. You should be aware that other websites are not subject to our privacy standards or procedures. You will need to contact the website owners directly to ascertain their privacy standards. We make no representation as to the accuracy or completeness of any linked websites. We have not reviewed or updated such websites and accept no responsibility for such websites.

Links to our Site

Neither you nor any other party may use any part of this Site on any other website, or link any other website to this Site, without our prior written permission. You must establish a link to this Site in such a way not to suggest approval or endorsement on our part where none exists.

We are not responsible for the set-up of any link from a third party website to our Site. Neither you nor any other party may deep link to, frame, spider, harvest or scrape the content or otherwise access the content for any purposes, or use any machine, electronic, web based or similar device to read or extract the content by machine based or automated means, without our prior written permission.

Our Monitoring of Communications

To help us improve our service and in the interest of security, we may monitor and/or record communications (whether over the internet, telephone or otherwise) between you and us. All recordings are our sole property. We may investigate any complaint or reported violation of these Terms. We may report any activity that we suspect may violate any law or regulation to regulators, law enforcement officials or other persons or entities that we deem appropriate.

Intellectual Property Rights

Our Rights – all intellectual property rights (including, without limitation, copyright, database rights, design rights, patents and trademarks) in the content are owned by or licensed to us unless otherwise stated.

Nothing on this Site shall be interpreted as granting, by implication or otherwise, any license or right to use any image, trademark, logo or service mark. All rights are expressly reserved and retained by the Company.

Copying by you and your access to the Site – you may print, copy, download or
temporarily store extracts from this Site for your personal use. You must not alter any extract contained on or obtained from this Site in any form. Any other use is prohibited unless you first get our written permission. Without limiting the above, unless you first get our written consent, you may not reproduce, modify, adapt, transmit, publish, broadcast, create derivative works of, store, archive or in any way exploit any Of the content.

Without limitation, neither you nor any other party may do any of the following without prior written consent from us:

  • create any data base in electronic or structured manual form by
    systematically
  • downloading and storing all or any of the content; or
  • redistribute any of the content (including by using it as part of any
  • syndication, content aggregation, archive or similar service); or
  • remove the copyright or trademark notice from any copies of content made in
  • accordance with these Terms.

You undertake not to use the Site for any purpose which is unlawful, abusive, libellous, obscene or threatening. You undertake to comply with any terms notified to you as required from time to time by any third party supplier of data or services to the Site, including but not limited to, where necessary, entering into a direct agreement with such third party in respect of your use of their data.

Any infringement of any of our or our affiliates’ intellectual property rights will result in appropriate legal action.

Third Parties

We may work with third parties to research certain usage and activities on this Site on our behalf. No personal information about you is shared, however in the course of conducting this research these third parties may place a unique ‘cookie’ on your browser.

Amendment / Withdrawal of Services

We reserve the right to make amendments and changes to the information on this Site or to withdraw access to this Site or any part of it at any time without notice. You are responsible for checking that this has not been updated since your last visit to the Site.

Your Queries

If you have any queries regarding these terms and conditions, then please write to us at Atrato Onsite Energy, 3rd Floor, 10 Bishops Square, London, E1 6EG.

General

We may assign our rights and obligations under the Terms to any member of our group or to any successor to that part of our business which includes the Site, provided always that the assignee undertakes to comply with our obligations under the Terms, or appoint one or more agents to provide all or any of the service and references to “we”, “us” or “our” will include references to such assignees and agents.

No delay or failure by you or us to exercise any of our or your powers, rights or remedies under these Terms shall operate as a waiver of them, nor shall any single or partial exercise of any such powers, rights or remedies preclude any other or further exercise of them. Any waiver to be effective must be in writing. The remedies provided in these Terms are cumulative and not exclusive of any remedies provided by law.

Governing Law

The terms are governed by and interpreted in accordance with the laws of England and Wales and the courts of England and Wales will have non-exclusive jurisdiction in respect of any dispute, which may arise.

It is a fiduciary principle that a Director must avoid actual or potential conflicts arising between his or her duties to the Company of which he or she is a Director and his or her personal interests. The test is whether a reasonable person looking at the facts would think that there was a real, sensible possibility of conflict of interest. A Director could be in breach of the rule even though the Company has suffered no loss. A Director should not act for two companies with potentially competing interests unless he or she does so with the informed consent of both parties.

In cases where an actual or potential conflict does arise, the Director concerned must ensure that he or she discloses the interest in the existing or proposed transaction to the Company at the first possible Board meeting and subsequently receives the approval of the Company.

The Directors will at all times have regard in such event to their obligations to the Company under their letter of appointment as a Director or otherwise to act in the best interests of the Company, having regard to their obligations to other clients, when undertaking any activity where conflicts of interest may arise and the Director will endeavour to resolve such conflicts fairly.

Approved: November 2024

Thursday 6th February 2025

Atrato Onsite Energy plc

(in Members’ Voluntary Liquidation)

(“the Company”)

Notice to Shareholders

Further to the appointment of Richard Barker and Derek Hyslop as Joint Liquidators of the Company on 13 December 2024 and in accordance with the circular issued to shareholders on 27 November 2024 (“the Circular”).  

The Joint Liquidators confirm that a First Distribution at a rate of £0.775 per Ordinary Share will be paid on 6 February 2025. Shareholders will receive their distribution by CREST or cheque and those cheques will be issued by the Company’s Registrar (Link Asset Services) to the address on the share register as at the Record Date.

Please note that this distribution could have tax consequences which may need to be reflected in your tax return.  If a Shareholder is in any doubt as to their individual tax position, it is recommended that they seek advice from an independent professional advisor.

A second and final distribution is expected to be paid to shareholders prior to the conclusion of the liquidation. Once the Liquidators have concluded the Company’s residual affairs, which includes novation of parental guarantees provided by the Company in relation to its former subsidiary investments, the tax affairs of the Company, satisfaction of claims of creditors of the Company and paid the costs and expenses of the liquidation, it is expected the Liquidators will make a final distribution to Shareholders of the residual cash in the liquidation estate. The final distribution, if any, will be paid at a time to be determined by the Liquidators but is envisaged to be in the region of nine months after the commencement of the liquidation. 

A further update will be provided on the website once the timing of the final distribution is known.  In the meantime, if shareholders have any questions in relation to the liquidation they should contact the Liquidators.

Following the commencement of the members’ voluntary liquidation, shareholders are no longer able to trade in the Company’s shares on the London Stock Exchange. The Company will not publish any further regulatory information service announcements and will not produce further financial statements (other than those prepared by the Joint Liquidators and communicated to shareholders under the relevant provisions of the Insolvency Act 1986).

Jay Bhatt

jay.bhatt2@uk.ey.com

+44 20 7951 5251 

Shareholders with questions, including regarding the receipt of their entitlements in respect of the first distributions, should contact the Company’s Registrar, MUFG Corporate markets, using the details below.

shareholderenquiries@cm.mpms.mufg.com 

0371 664 0300

Calls are charged at the standard geographic rate and will vary by provider. Calls outside the United Kingdom will be charged at the applicable international rate. The MUFG Corporate markets helpline is open between 9 am – 5.30 pm, Monday to Friday excluding public holidays in England and Wales.  Please note that MUFG Corporate Markets cannot provide any financial, legal or tax advice and calls may be recorded and monitored for security and training purposes

Friday 31st January 2025

Atrato Onsite Energy plc

(in Members’ Voluntary Liquidation)

(“the Company”)

Notice to Shareholders

Further to the approval of a special resolutions by a general meeting of the Company held on 13 December 2024, the Company was placed into Members’ Voluntary Liquidation, and Richard Barker and Derek Hyslop of Ernst & Young LLP were appointed as Joint Liquidators.

As stated in the circular issued to shareholders on 27 November 2024, it is anticipated that the Liquidators will be in a position to make an initial distribution of substantially all of the net assets of the Company in early February 2025 (the “Initial Distribution”). This timeline is to allow (a) the Liquidators to comply with their obligation to give all actual and/or contingent creditors of the Company notice of the liquidation and the requirement to submit claims to the Liquidators by a last proving date, which must be a minimum period of 21 days from the date of the notice; and (b) the Liquidators to adjudicate and pay (if accepted) and/or reserve sufficient funds to pay any claims received. It is estimated that the value of the Initial Distribution will be no less than 77.0  pence per Ordinary Share.

The Liquidators will retain the balance of funds in the liquidation estate and once the Liquidators have satisfied all the claims of creditors of the Company and paid the costs and expenses of the liquidation, and the Company’s tax affairs have been finalised, it is expected the Liquidators will make a final distribution to Shareholders of any residual cash in the liquidation estate. The final distribution, if any, will be paid at a time to be determined solely by the Liquidators but is envisaged to be in the region of nine months after the entry into members’ voluntary liquidation.

All Shareholders on the Register of Members as at 6.00 p.m. on 12 December 2024, being the Record Date, will be entitled to any distributions made during the course of the liquidation.

Following the commencement of the members’ voluntary liquidation, shareholders are no longer able to trade in the Company’s shares on the London Stock Exchange. The Company will not publish any further regulatory information service announcements and will not produce further financial statements (other than those prepared by the Joint Liquidators and communicated to shareholders under the relevant provisions of the Insolvency Act 1986).

A further update will be provided on the website at the time of the first distribution to shareholders.  In the meantime, if shareholders have any questions in relation to the liquidation they should contact the Liquidators.

Jay Bhatt

jay.bhatt2@uk.ey.com

+44 20 7951 5251

Tuesday 14th October 2025

 Atrato Onsite Energy PLC (in Members’ Voluntary Liquidation)

(“the Company”)

Notice to Shareholders

Further to the Company being placed into Members’ Voluntary Liquidation on 13 December 2024 and the announcements on 31 January 2025 and 6 February 2025, the Joint Liquidators of the Company are providing a further update on the liquidation of the Company.

The Joint Liquidators anticipate being in a position to pay a second and final cash distribution to shareholders from the liquidation in early December 2025 in the amount of approximately of 0.6 pence per Ordinary Share. 

Shareholders should note that the Company’s Registrar, MUFG Corporate Markets, has advised that all payments in respect of the second cash distribution will be paid by cheque only.

A further update will be provided on this website shortly prior to the proposed distribution.  In the meantime, if shareholders have any questions in relation to the liquidation they should contact the Joint Liquidators.

Joint Liquidators:

Richard Barker and

Derek Hyslop

Ernst & Young LLP

1 More London Place

London SE1 2AF

View the Atrato Onsite Energy Website