Agronomics Limited Jim Mellon – Director’s Dealing and PDMR

RNS Number : 7637H

Agronomics Limited

10 October 2024

 

 

10 October 2024

Agronomics Limited

("Agronomics" or the "Company")

Jim Mellon - Director's Dealing and PDMR

Agronomics (LSE: ANIC), a leading listed company in the field of cellular agriculture, has been notified that Jim Mellon, Executive Chair, bought 1,000,000 shares of the Company in his own name at an average price of 4.92 pence per share on 10 October 2024.

Following this purchase, Jim Mellon's interest is in a total of 159,106,551 Ordinary Shares of the Company, representing 15.76% of the total issued capital. Of this total, 151,410,944 Ordinary Shares are held by Galloway Limited and 2,313,646 Ordinary Shares are held by Shellbay Investments Limited, companies which are both indirectly wholly owned by Jim Mellon, and 5,381,961 Ordinary Shares are held directly by Mr Mellon. Denham Eke is a director of Galloway Limited and Shellbay Investments Limited.

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	Jim Mellon
2	Reason for notification
a)	Position / status	Executive Chair
b)	Initial notification/Amendment	Initial
3	Details of the issuer,  emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Agronomics Limited
b)	LEI	21380029M8MPIEQ3TL31
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument   Identification code	Ordinary shares of £0.000001     ISIN IM00B6QH1J21
	Nature of the transaction	Market purchase of Ordinary Shares
c)	Price(s) and volumes(s)	Purchase of 1,000,000 Ordinary Shares in total @ 4.92 pence per share
d)	Aggregated information	Aggregated Volume: 1,000,000 Ordinary Shares Aggregated purchase price: £49,200.00
e)	Date of the transaction	10 October 2024
f)	Place of the transaction	London (LSE)

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU No. 596/2014) AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018. UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN AND SUCH PERSONS SHALL THEREFORE CEASE TO BE IN POSSESSION OF INSIDE INFORMATION.

About Agronomics

Agronomics is a leading London-listed company focussing on investment opportunities within the field of cellular agriculture. The Company has established a portfolio of over 20 companies in this rapidly advancing sector. It seeks to invest in companies owning technologies with defensible intellectual property that offer new ways of producing food and materials with a focus on products historically derived from animals. These technologies are driving a major disruption in agriculture, offering solutions to improve sustainability, as well as addressing human health, animal welfare and environmental damage. This disruption will decouple supply chains from the environment and animals and improve food security for the world's expanding population. A full list of Agronomics' portfolio companies is available at https://agronomics.im/.

For further information please contact:

Agronomics Limited	Beaumont Cornish Limited	Canaccord Genuity Limited	Cavendish Capital Markets Limited	Peterhouse Capital Limited	SEC Newgate
The Company	Nomad	Joint Broker	Joint Broker	Joint Broker	Public Relations
Jim Mellon Denham Eke	Roland Cornish James Biddle	Andrew Potts Harry Pardoe Alex Aylen (Head of Equities)	Giles Balleny Michael Johnson Charlie Combe	Lucy Williams Charles Goodfellow	Bob Huxford Anthony Hughes
[phone] [e-mail]	[phone]	[phone]	[phone]	[phone]	[e-mail]

Nominated Adviser

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.

 

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