Seed Capital Solutions PLC Director Dealing

RNS Number : 3231R

Seed Capital Solutions PLC

06 June 2024

 

June 6 2024                                  SEED CAPITAL SOLUTIONS PLC

 

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

 

Director Dealing

 

Seed Capital Solutions plc (LON: SCSP) ("Seed Capital"), 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 on June 5^th 2024, CEO, John Zorbas, has beneficially acquired through his company Corrales Trading Limited ("Corrales") 10,000,000 ordinary shares of £0.0025 each as part of an off market transaction under which Mr Zorbas agreed to settle the outstanding liability of £75,000 of AMI Assets SA ("AMI") relating to AMI's agreement to subscribe for new share capital on the Company's Admission to listing on the London Stock Exchange last year.

 

In consideration for this undertaking, AMI has transferred the shares allocated to it under the subscription agreement to Corrales.  On the completion of this transaction, Corrales has a beneficial interest in 10,000,000 ordinary shares representing 5.39% of the issued share capital, as follows:

 

Director/PDMR	Previous Shares held	Shares Acquired	Price per Share (GBP)	Total Holding following Acquisition	% of the Company's issued share capital held following Acquisition
John Zorbas via his company Corrales	nil	10,000,000	£0.0075	10,000,000	5.39%

 

The relevant notifications set out below are provided in accordance with the requirements of the Market Abuse Regulation.

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	John Zorbas
2	Reason for the notification
a)	Position/status	CEO
b)	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Seed Capital Solutions Plc
b)	LEI	213800NRFXJG9H18LA29
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     GB00BL6CFR81
b)	Nature of the transaction	Purchase
c)	Price(s) and volume(s)	Price(s)   Volume(s) £0.0075  10,000,000
d)	Aggregated information   - Aggregated volume - Price	10,000,000 £75,000.00
e)	Date of the transaction	5 June 2024
f)	Place of the transaction	LONDON STOCK EXCHANGE, (XLON)

 

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 and increased investor appetite.

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END

 

 

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