Director's Dealings

Seed Innovations

07/10/2026 11:47

RNS Number : 0157Y
  
Seed Innovations Limited
  
07 October 2026
  
 



7 October 2026


 SEED Innovations Limited


("SEED" or the "Company")


 


Director's Dealing


 


SEED Innovations Limited, an AIM-quoted investing company, announces that, further to its fundraising announcement of 1 October 2026 and the admission of the resultant shares to trading on 6 October 2026, the holding of Galloway Limited, an entity indirectly wholly owned by Jim Mellon, Non-executive Chair of the Company, has increased by 42,291,666 ordinary shares in the Company ("Ordinary Shares").  


 


As a result, Jim Mellon's total beneficial interest in the Company, including all entities closely associated, is now 86,206,835 Ordinary Shares, representing 27.91% 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 1 pence 




 




b)




Identification code




GG00BRK9BQ81




 




c)




Nature of the transaction




Acquisition of 42,291,666 Ordinary Shares



 


 For further information please visit: www.seedinnovations.co or contact:


 



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



 


NOTES 


SEED Innovations Ltd (SEED.L)


SEED is an AIM-quoted investment company focused on providing access to high-growth robotics and AI ventures typically beyond the reach of everyday investors. The Company also oversees a legacy portfolio in wellness and life sciences, with a medium-term strategy to unlock its full value. Backed by an experienced team and strong cash reserves, the Company remains agile and well-positioned to capitalise on new investment opportunities as they arise.


 


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.


 


Distribution


This announcement has been notified via a Regulatory Information Service and it is not authorised for distribution into North America or any other jurisdiction where to do so would constitute a violation of the relevant laws or regulations of that jurisdiction. 


 


TR1


TR-1: Standard form for notification of major holdings


 



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 attached ii: 




SEED Innovations Limited




1b. Please indicate if the issuer is a non-UK issuer  (please mark with an “X” if appropriate)




Non-UK issuer




X




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




 




Other (please specify) iii:




 




3. Details of person subject to the notification obligation iv




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 reached vi:




06/10/2026




6. Date on which issuer notified (DD/MM/YYYY):




06/10/2026




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




27.91%




0%




27.91%




86,206,835




Position of previous notification (if 


applicable)




23.36%




0%




23.36%




43,915,169

















 



8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii




A: Voting rights attached to shares




Class/type of
shares


ISIN code (if possible)




Number of voting rights ix




% of voting rights




Direct


(DTR5.1)




Indirect


 (DTR5.2.1)




Direct


(DTR5.1)




Indirect


(DTR5.2.1)




GG00BRK9BQ81




24,782,115




61,424,720




8.02%




19.89%




 




 




 




 




 




 




 




 




 




 




SUBTOTAL 8. A




86,206,835




27.91%




 


 




B 1: Financial Instruments according to DTR5.3.1R (1) (a)




Type of financial instrument




Expiration
date x




Exercise/ 
Conversion Period xi




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
date x




Exercise/ 
Conversion Period xi




Physical or cash 


Settlement xii




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




 




Full chain 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




Name xv




% 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




8.02%




 




8.02%




Galloway Limited




19.89%




 




19.89%




 




 




 




 




 




 




 




 




 




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 information xvi




 


 













 



Place of completion




Douglas, Isle of Man




Date of completion




06 October 2026



 


 


 


 



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