Director's Dealing
09/01/2026 15:19
RNS Number : 3922O
Seed Innovations Limited
09 January 2026
FOR IMMEDIATE RELEASE
9 January 2026
SEED Innovations Limited
("SEED" or the "Company")
Director's Dealing
SEED Innovations Limited ("SEED" or the "Company"), an AIM-quoted investing company, announces that that it was notified on 9 January 2026 that Galloway Limited, an entity indirectly wholly owned by Jim Mellon, Non-executive Chair of the Company, purchased a total of 1,193,261 ordinary shares of 0.1p each in the Company ("Ordinary Shares") at a price of 2.92 pence per Ordinary Share on 8 January 2026.
As a result, Jim Mellon's total beneficial interest in the Company, including all entities closely associated, is now at 43,915,169 Ordinary Shares, representing 23.36% per cent of the total voting rights of the Company.
The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.
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 | Jim Mellon | |
| 2. | Reason for the notification | ||
| a) | Position/status | Chair | |
| b) | Initial notification/Amendment | Initial Notification | |
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | SEED Innovations Limited | |
| b) | LEI | 213800KV6ETTB1BRZ435 | |
| 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 | Ordinary Shares of no par value | |
| b) | Identification code | GG00BRK9BQ81 | |
| c) | Nature of the transaction | Acquisition of 1,193,261 Ordinary Shares | |
| SEED Innovations Limited | Beaumont Cornish Limited | Shard Capital Partners LLP | St Brides Partners Limited |
| The Company | Nomad | Broker | Public Relations |
| Lance de Jersey | Roland Cornish James Biddle | Isabella Pierre Damon Heath | Ana Ribeiro Isabel de Salis |
| info@seedinnovations.com | +44 (0) 207 628 3396 | +44 (0)20 7186 9927 | seed@stbridespartners.co.uk |
| Please note that from 22 March 2021, the Standard TR-1 Form should be completed and submitted to the FCA via our Electronic Submission System (ESS) in relation to notifications of voting rights held in issuers whose shares are admitted to trading on UK regulated markets. Holders of voting rights in issuers whose shares are admitted to trading on UK prescribed markets such as AIM market, can continue to use this form to send their notifications to those issuers. Alternatively, if they wish they can register on ESS to be able to notify to us, produce a TR-1 Form via ESS and submit the downloaded version to issuers with shares admitted to trading on prescribed markets. More information on how to submit a TR-1 Form via ESS is availablehere |
| NOTIFICATION OF MAJOR HOLDINGS(to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i | ||||||
| 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: | SEED Innovations Limited | |||||
| 1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) | ||||||
| Non-UK issuer | ||||||
| 2. Reason for the notification(please mark the appropriate box or boxes with an "X") | ||||||
| An acquisition or disposal of voting rights | X | |||||
| An acquisition or disposal of financial instruments | ||||||
| An event changing the breakdown of voting rights | X | |||||
| Other (please specify) iii: | ||||||
| 3. Details of person subject to the notification obligationiv | ||||||
| Name | Jim Mellon | |||||
| City and country of registered office (if applicable) | c/o Viking House, Nelson Street, Douglas, Isle of Man IM1 2AH | |||||
| 4. Full name of shareholder(s)(if different from 3.) v | ||||||
| Name | Galloway Limited | |||||
| City and country of registered office (if applicable) | Road Town, Tortola, British Virgin Islands | |||||
| 5. Date on which the threshold was crossed or reachedvi: | 8 January 2026 | |||||
| 6. Date on which issuer notified (DD/MM/YYYY): | 09/01/2026 | |||||
| 7. Total positions of person(s) subject to the notification obligation | ||||||
| % of voting rights attached to shares (total of 8. A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer (8.A + 8.B) vii | |||
| Resulting situation on the date on which threshold was crossed or reached | 23.36% | 0.00% | 23.36% | 43,915,169 | ||
| Position of previous notification (if applicable) | 22.20% | 0.00% | 22.20% | 41,721,908 | ||
| 8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii | |||||||||
| A: Voting rights attached to shares | |||||||||
| Class/type of shares ISIN code (if possible) | Number of voting rightsix | % of voting rights | |||||||
| Direct (DTR5.1) | Indirect (DTR5.2.1) | Direct (DTR5.1) | Indirect (DTR5.2.1) | ||||||
| GG00BRK9BQ81 | 23,782,115 | 20,133,054 | 12.65% | 10.71% | |||||
| SUBTOTAL 8. A | 43,915,169 | 23.36% | |||||||
| B 1: Financial Instruments according to DTR5.3.1R (1) (a) | |||||||||
| Type of financial instrument | Expiration datex | Exercise/ Conversion Periodxi | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | |||||
| SUBTOTAL 8. B 1 | |||||||||
| B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b) | |||||||||
| Type of financial instrument | Expiration datex | Exercise/ Conversion Periodxi | Physical or cash Settlementxii | Number of voting rights | % of voting rights | ||||
| SUBTOTAL 8.B.2 | |||||||||
| 9. Information in relation to the person subject to the notification obligation(please mark the applicable box with an "X") | ||||
| Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii | ||||
| Fullchain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) xiv | X | |||
| Namexv | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | |
| Jim Mellon | 12.65% | 12.65% | ||
| Galloway Limited | 10.71% | 10.71% | ||
| 10. In case of proxy voting, please identify: | ||||
| Name of the proxy holder | ||||
| The number and % of voting rights held | ||||
| The date until which the voting rights will be held | ||||
| 11. Additional informationxvi | ||||
| Place of completion | Douglas, Isle of Man |
| Date of completion | 9 January 2026 |