Seed Capital Solutions PLC Admission of Shares to Standard List (9975V)

TIDMSCSP

RNS Number : 9975V

Seed Capital Solutions PLC

12 April 2023

   12 April 2023                               SEED CAPITAL SOLUTIONS PLC 

("Seed Capital", "SCSP" or the "Company")

Admission of Shares to Standard List

Seed Capital Solutions plc (LON: SCSP), a Company formed for the purpose of acquiring a business or businesses operating in market sectors that can display strong ESG credentials, is pleased to announce that commencement of dealings in its Ordinary Shares is expected to take place today, 12 April 2023 ("Admission").

The Admission Document was published on 3 April 2023 and is available on the Company's website https://seedcapitalsolutionsplc.com/

Admission and Total Voting Rights

The Ordinary Shares are expected to be admitted to trading on the Main Market of the London Stock Exchange on 12 April 2023 under the ISIN of GB00BL6CFR81 with SEDOL number BL6CFR8 and in accordance with Chapter 14 of the Listing Rules.

On Admission, the Company will have a total of 185,406,000 shares of nominal value GBP0.0025 each with voting rights in issue. There are no Ordinary Shares held in treasury. The figure of 185,406,000 may be used by shareholders, following Admission, as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Chairman Damion Greef commented: "As one of the last businesses to list on the standard market under the old LSE rules, our team are excited to finally bring Seed Capital to market to invest into businesses operating in market sectors that can display strong ESG credentials."

"The importance of sustainable ESG operating practices are now front and centre in the operating manuals for every business and industry sector. The market opportunities are huge; with a projected compound annual growth rate (CAGR) of 12.9%, ESG-focused institutional investment is expected to grow by 84% to US$33.9tn by 2026, making up 21.5% of all assets under management*."

"Seed Capital fully intends to participate in this growth opportunity by investing into businesses operating in market sectors that can display strong ESG credentials. I look forward to reporting back to you as our investment programme develops."

*Source: PWC ESG Market Report October 2022:

https://www.pwc.com/gx/en/news-room/press-releases/2022/awm-revolution-2022-report.html

FOR FURTHER INFORMATION, PLEASE CONTACT:

 
Seed Capital Solutions plc          Tel: [phone] 
Chairman Damion Greef 
 
 Brand Communications                 Tel: [phone] 
Public & Investor Relations 
Alan Green 
 
 

ABOUT SEED CAPITAL SOLUTIONS PLC

Seed Capital Solutions Plc (LON: SCSP) has been formed for the purpose of acquiring a business or businesses operating in market sectors that can display strong ESG credentials, thereby benefitting from the current trend of superior performance aligned with increased investor appetite.

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April 12, 2023 07:09 ET (11:09 GMT)