Seed Innovations Limited Director/PDMR Shareholding (3632A)
19 Gennaio 2024 - 7:23PM
UK Regulatory
TIDMSEED
RNS Number : 3632A
Seed Innovations Limited
19 January 2024
This announcement contains inside information for the purposes
of Article 7 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,
this inside information is now considered to be in the public
domain.
19 January 2024
SEED Innovations Limited
("SEED" or the "Company")
Director Dealings
SEED Innovations Ltd, the AIM-quoted company investment company
providing shareholders with exposure to early-stage health,
wellness and medical cannabis companies to which, in normal
circumstances, they have limited access to, announces that Ed
McDermott, Chief Executive Officer, has today purchased 4,675,000
ordinary shares of GBP0.01p ("Ordinary Shares') at a price of 2
pence per Ordinary Share from his Nominee Account into his
Individual Savings Account ("ISA") account, under a process kown as
'Bed and ISA'.
Following this transaction, Ed McDermott's stake in the company
remains the same with 4,680,000 Ordinary Shares, 4,675,000 in his
ISA and 5,000 in his Nominee Account, representing approximately
2.25 per cent of the Company's voting rights.
Further details of the share purchase are set out below in the
PDMR form which has been made in accordance with the Market Abuse
Regulation (EU) no.596/2014 which is part of UK law by virtue of
the European Union (Withdrawal) Act 2018.
PDMR Notifications
Notification of Transactions of Persons Discharging Managerial
Responsibility and Persons Closely Associated with them:
1. Details of the person discharging managerial responsibilities
/ person closely associated
a. Name Ed McDermott
------------------------------------ -----------------------------
2. Reason for the notification
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a. Position/status Chief Executive Officer
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b. Initial notification/Amendment Initial Notification
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3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
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a. Name SEED Innovations Limited
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b. LEI
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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 Ordinary Shares of GBP0.01
instrument, type of instrument each
Identification code
------------------------------------ -----------------------------
b. Nature of the transaction Purchase of Ordinary Shares
------------------------------------ -----------------------------
c. Price(s) and volume(s) Price(s) Volume(s)
2p 4,675,000
----------
------------------------------------ -----------------------------
d. Aggregated information
* Aggregated volume
* Price
------------------------------------ -----------------------------
e. Date of the transaction 19 January 2024
------------------------------------ -----------------------------
f. Place of the transaction London Stock Exchange's AIM
Market
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-Ends-
For further information on the Company please visit: www.seedinnovations.co or contact:
Ed McDermott SEED Innovations Ltd E: info@seedinnovations.co
Lance de Jersey
James Biddle Beaumont Cornish Limited, T: (0)20 7628 3396
Roland Cornish Nomad
-------------------------- -------------------------------
Isabella Pierre Shard Capital Partners T: (0)20 7186 9927
Damon Heath LLP
Broker
-------------------------- -------------------------------
Ana Ribeiro St Brides Partners Ltd, E: seed@stbridespartners.co.uk
Isabelle Morris Financial PR
-------------------------- -------------------------------
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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END
DSHBIGDBDDBDGSC
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January 19, 2024 13:23 ET (18:23 GMT)
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