RCS - Agronomics Limited - Edison issues update on Agronomics (ANIC)

AgronomicsAnnouncement

11/08/2022 07:00

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RNS Number : 6127V  Agronomics Limited  11 August 2022

London, UK, 11 August 2022

 

Edison issues update on Agronomics (ANIC)

Agronomics (ANIC) invests in cellular agriculture companies. This report
provides an update on our January 2022 initiation note and March 2022 update,
following the announcement of ANIC's Q2 NAV and some exciting new portfolio
investments. These investments mark a shift in focus, in favour of companies
such as precision fermentation contract manufacturer Liberation Labs and All G
Foods, which appear to offer greater near-term commercial potential. ANIC's
performance since inception in 2019 has been positive, with an NAV total
return of 80% over this period. And we share the company's view that there is
significant potential for further NAV uplifts over time, as and when the
company's greater focus on nearer-term income pays off, and its
longer-standing portfolio holdings make further progress towards financial
viability.

 

ANIC's historically high premium narrowed further in H122, for reasons
unrelated to its portfolio holdings. But the company's conservative valuation
policy, combined with its scarcity value as the only UK-listed investment
vehicle targeting cellular agriculture and this industry's very favourable
outlook, should support the premium over time. So now may be a good time for
investors to gain exposure to this growing, game-changing sector at an
attractive level.

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(https://www.edisongroup.com/publication/fermenting-growth-and-commercial-viability/31202/?utm_campaign=RNSreach%20Press%20Releases&utm_source=RNSreach&utm_medium=Press%20Release)
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research as it is published.

 

All reports published by Edison are available to download free of charge from
its website

www.edisongroup.com (http://www.edisongroup.com)

About Edison: Edison is a leading research and investor relations consultancy,
connecting listed companies to the widest pool of global investors. By
focusing on the volume and quality of investors reached - across institutions,
family offices, wealth managers and retail investors - Edison can create and
gauge intent to purchase, even in the darkest pools of capital, and then make
introductions via non-deal roadshows, events or virtual meetings.

Having been the first in-market 17 years ago, Edison now has more than 100
analysts covering every economic sector. Headquartered in London, Edison also
has offices in New York, Frankfurt, Amsterdam and Tel Aviv and a presence in
Athens, Johannesburg and Sydney.

Edison is authorised and regulated by the Financial Conduct Authority
(https://register.fca.org.uk/ShPo_FirmDetailsPage?id=001b000000MfYL6AAN) .

Edison is not an adviser or broker-dealer and does not provide investment
advice. Edison's reports are not solicitations to buy or sell any securities.

For more information, please contact Edison:

Joanne Collins +44 (0)20 3077 5700  investmenttrusts@edisongroup.com
(mailto:investmenttrusts@edisongroup.com)

Sara Welford +44 (0)20 3077 5700 investmenttrusts@edisongroup.com
(mailto:investmenttrusts@edisongroup.com)

Learn more at www.edisongroup.com (http://www.edisongroup.com) and connect
with Edison on:

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(http://www.linkedin.com/company/edison-group-/)

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