Statement from the Government of Paraguay

No legal action yet; three-month window for ATOME and Paraguay to resolve dispute.

What the company is saying

ATOME PLC is informing investors that the Government of Paraguay, via the Attorney General's Office, has publicly acknowledged receipt of ATOME's notification regarding a dispute. The Paraguayan government confirms that, as of September 17, 2026, no lawsuit or arbitration has been initiated by ATOME against the state. The notification signals a dispute and opens the possibility of legal action, but also establishes a three-month period for both parties to seek an amicable solution. The government states it is currently analyzing ATOME's claims and has not taken a position on the substance of the dispute. Paraguay emphasizes its commitment to legal certainty, investment respect, and international obligations, while also asserting it will defend national interests. The announcement is framed as a procedural update, distributed via Reach for media-only, non-regulatory purposes, and ATOME states it will continue to update the market.

What the data suggests

The only concrete figures disclosed are the three-month period for potential amicable resolution, beginning with the notification acknowledged on September 17, 2026. No lawsuit or arbitration has been filed by ATOME as of this date. The process is at a pre-litigation stage, with the government reviewing the company's claims and no substantive legal or financial positions declared. The announcement provides no operational, financial, or project-specific data, and does not quantify any potential impact or exposure. The disclosure is limited to procedural facts, with no evidence of progress toward a negotiated or legal outcome. The communication is clear about the current status but offers no new information on the underlying dispute or its potential resolution.

Analysis

The announcement is strictly procedural, reporting that no lawsuit or arbitration has been initiated and that a three-month period for amicable resolution is now in effect. The tone is neutral and factual, with no promotional or exaggerated language. Most forward-looking statements are routine legal or diplomatic phrases (e.g., openness to dialogue, reaffirmation of commitments) and do not overstate progress or prospects. There are no claims of operational, financial, or project milestones, nor any mention of capital outlay or expected returns. The communication is clearly labeled as a media-only, non-regulatory update, and does not attempt to inflate the significance of the status update. The gap between narrative and evidence is minimal, as the announcement does not make any substantive claims beyond the procedural facts.

Risk flags

• ●Legal uncertainty remains high, as the dispute could escalate to formal litigation or arbitration if no amicable solution is reached within three months. This creates potential for future legal costs, delays, or adverse outcomes depending on the nature of ATOME's claims and Paraguay's response.
• ●There is no disclosure of the underlying dispute's substance, scale, or potential financial impact, leaving investors unable to assess materiality or exposure. The lack of detail on claims or possible remedies increases uncertainty around the company's risk profile.
• ●The announcement is procedural and does not clarify whether negotiations are progressing or stalled, so the likelihood of resolution versus escalation is unknown. This opacity could contribute to volatility or speculation as the three-month window progresses.

Bottom line

This announcement signals that ATOME PLC and the Government of Paraguay are in a formal dispute process, but no legal proceedings have started. Investors face a three-month period of uncertainty while both sides consider an amicable solution, with the government reviewing ATOME's claims but not yet taking a position. No operational, financial, or project details are disclosed, making it impossible to judge the dispute's potential impact or the company's leverage. The process is at an early, procedural stage, and the next actionable development will be either a negotiated settlement or the initiation of legal action after the negotiation window closes. The main takeaway is that the situation remains unresolved and could materially change depending on the outcome of the next three months.

Announcement summary

(LSE:ATOM) ATOME PLC announces that the Government of Paraguay, through the Attorney General's Office, has issued a public statement in response to the notification submitted by ATOME. The Attorney General's Office states that, as of September 17, 2026, there is no lawsuit or arbitration initiated against the Paraguayan State by ATOME. The notification received by the Paraguayan State communicates the existence of a dispute and raises the possibility of initiating legal action in the future. The notification enables a period of three months to explore an amicable solution between the parties. The Paraguayan State is currently analysing the company's claims and has not taken a position on the merits of the controversy. Paraguay reaffirms its full commitment to legal certainty, respect for investments, and compliance with its international commitments. The Government of Paraguay maintains its openness to dialogue but states it will firmly defend the interests of the Paraguayan State and the national interest. The statement from the Attorney General's Office is dated Asunción, September 17, 2026. ATOME PLC confirms it will continue to keep the market informed regarding developments. The announcement follows a previous notice from ATOME regarding the service of Notice to the Paraguayan State. The release is distributed as a Reach announcement, which is intended for media-only, non-regulatory news. The communication reiterates that any regulatory information would be disseminated as an RNS regulatory announcement. The company provides contact information for investor relations and its communications adviser. No financial figures, contract terms, or operational updates are disclosed in this announcement.

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