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RNS Number : 7408F Agronomics Limited 23 March 2022
Agronomics Limited (https://agronomics.im/)
("Agronomics" or the "Company")
Announces the Trading Facility of Warrant Instrument
Agronomics, the leading listed investor focused on cellular agriculture, is
pleased to announce that it has entered into an agreement with J P Jenkins
Limited ("J P Jenkins") to facilitate the trading of warrants issued in
connection with the Company's financing announced on 1 December 2021, on a
matched bargain basis. Trading of the warrants is expected to commence on 23
March 2022.
The indicative pricing for these warrants (ISIN:IM00BP68CG25), as well as the
transaction history will be available on the website
https://jpjenkins.com/company/agronomics-warrants/
(https://jpjenkins.com/?post_type=company&p=3330&preview=true) .
Warrant holders wishing to trade these securities can do so through their
stockbroker.
Trades will be conducted at a level that JP Jenkins is able to match a willing
seller and a willing buyer. Trades can be conducted and limits can be accepted
during normal business hours by contacting JP Jenkins trading desk via STX
76086. Shareholders or potential investors can place limits via their existing
UK regulated stockbroker.
For more information please contact J P Jenkins at info@jpjenkins.com or on
+44 (0) 20 7469 0937.
About J P Jenkins (https://jpjenkins.com/)
J P Jenkins is the well-known platform for dealing in unquoted securities. It
provides a solution that enables companies to allow their existing
shareholders and prospective investors to trade in their shares.
About Agronomics (https://agronomics.im/)
Agronomics is a leading listed alternative proteins company with a focus on
cellular agriculture and cultivated meat. The Company has established a
portfolio of 21 companies at the Pre-Seed to Series C stage in this rapidly
advancing sector. It seeks to secure minority stakes 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, as
well as being fundamental to feeding the world's expanding population. A full
list of Agronomics' portfolio companies is available at https://agronomics.im/
(https://agronomics.im/) .
About Cellular Agriculture
Cellular Agriculture is the production of agriculture products directly from
cells, as opposed to raising an animal for slaughter, or growing crops. This
encompasses cell culture to produce cultivated meat and materials, and
fermentation processes that harness a combination of molecular biology,
synthetic biology, tissue engineering and biotechnology to massively simplify
production methods in a sustainable manner.
Over the coming decades, the source of the world's food supply traditionally
derived from conventional agriculture is going to change dramatically. We have
already witnessed the first wave of this shift with the consumer adoption of
plant-based alternative proteins but today, we are on the cusp of an even
bigger wave of change. This is being facilitated by advances in cellular
agriculture. This change is necessary, given scientists claims that if we
maintain existing animal protein consumption patterns, then we will not meet
the Paris Agreement's goal of limiting warming to 1.5℃
AT Kearney, a global consultancy firm, projects that cultivated meat's market
share will reach 35% by 2040. This combined with the Good Food Institute's
estimate that a US$ 1.8 trillion investment will be required in order to
produce just 10% of the world's protein using this technology, means that we
are on the cusp of a multi-decade flow of capital to build out manufacturing
facilities. Funding in the field of cellular agriculture is accelerating,
however still less than US$ 2 billion has been invested worldwide since the
industry's inception in 2016.
For further information, please contact:
Agronomics Beaumont Cenkos Peterhouse Capital
Limited Cornish Limited Securities Plc Limited TB Cardew
The Company Nomad Joint Broker Joint Broker Public Relations
Richard Reed Roland Cornish Giles Balleny Lucy Williams Ed Orlebar
Denham Eke James Biddle Michael Johnson Charles Goodfellow Joe McGregor
+44 (0) 1624 639396 +44 (0) 207 628 3396 +44 (0) 207 397 8900 +44 (0) 207 469 0936 +44 (0) 20 7930 0777
info@agronomics.im +44 (0) 7738 724 630
agronomics@tbcardew.com
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