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On 10 October 2024, Jim Mellon, Executive Chair of Agronomics Limited, purchased 1,000,000 shares of the Company at an average price of 4.92 pence per share. Following this transaction, Jim Mellon's total interest in Agronomics stands at 159,106,551 Ordinary Shares, representing 15.76% of the total issued capital.
| Date | 10 Oct 2024 |
| Time | 16:20:12 |
| Category | Director/PDMR dealings |
| ID | 7637H |
10 October 2024
("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.
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Jim Mellon |
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2 |
Reason for notification |
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a) |
Position / status |
Executive Chair |
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b) |
Initial notification/Amendment |
Initial |
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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 |
Agronomics Limited |
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b) |
LEI |
21380029M8MPIEQ3TL31 |
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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 |
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a) |
Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of £0.000001
ISIN IM00B6QH1J21 |
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Nature of the transaction |
Market purchase of Ordinary Shares |
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c) |
Price(s) and volumes(s) |
Purchase of 1,000,000 Ordinary Shares in total @ 4.92 pence per share |
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d) |
Aggregated information |
Aggregated Volume: 1,000,000 Ordinary Shares |
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e) |
Date of the transaction |
10 October 2024 |
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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:
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Agronomics Limited |
Beaumont Cornish Limited |
Canaccord Genuity Limited |
Cavendish Capital Markets Limited |
Peterhouse Capital Limited |
SEC Newgate |
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The Company |
Nomad |
Joint Broker |
Joint Broker |
Joint Broker |
Public Relations |
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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 |
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+44 (0) 1624 639396 info@agronomics.im |
+44 (0) 207 628 3396 |
+44 (0) 207 523 8000 |
+44 (0) 207 397 8900 |
+44 (0) 207 469 0936 |
agronomics@secnewgate.co.uk |
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.