REG - Seed Innovations Ltd - Transaction in Own Shares

Seed InnovationsAnnouncement

01/05/2024 07:00

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RNS Number : 7085M  Seed Innovations Limited  01 May 2024

 

1 May 2024

SEED Innovations Limited

("SEED" or the "Company")

 

Transaction in Own Shares & TVR

 

SEED Innovations Ltd, the AIM-quoted quoted investment company offering
exposure to disruptive, high-growth, life sciences and technology ventures
typically inaccessible to everyday investors, announces that it has purchased
the following number of its shares of 1p each on the London Stock Exchange to
be held in treasury (through Shard Capital Stockbrokers Limited ("Shard")
acting as the Company's broker).

 

 Date of Purchase                                       30 April 2024
 Number of shares purchased (aggregated volume):        325,000
 Highest price paid per share (pence):                  2.2 pence
 Lowest price paid per share (pence):                   2.125 pence
 Volume weighted average price paid per share (pence):  2.159615 pence

 

Following the purchase of these shares, the Company's issued ordinary share
capital consists of 215,219,841 ordinary shares of which a total of 17,024,946
shares are held in treasury. The remaining 198,194,895 shares represent the
total voting rights in the Company and may be used by shareholders as the
denominator for the calculations by which they can determine if they are
required to notify their interest in, or a change to their interest in, the
Company under the Financial Conduct Authority's Disclosure and Transparency
Rules.

 

In accordance with Article 5(1)(b) of the UK version of Regulation (EU) No.
596/2014 which is part of UK law by virtue of the European Union (Withdrawal)
Act 2018, the table below contains detailed information of the individual
trades made by Shard on 30 April 2024 as part of the Programme as defined by
the Company in the announcement on 29 September 2023.

 

Aggregate information:

 Venue  Volume-weighted average price (pence per share)  Aggregated volume
 AIMX   2.159615                                         325,000

 

Individual transactions:

 Number of shares purchased  Transaction price   Time of transaction  Venue

(pence per share)
 150,000                     2.2                 16.22.32             AIMX
 175,000                     2.125               13.27.56             AIMX

 

-Ends-

 

 

For further information on the Company please visit:  www.seedinnovations.co
(http://www.seedinnovations.com/) or contact:

 Ed McDermott                                   SEED Innovations Ltd         E: info@seedinnovations.co

 Lance de Jersey
 James Biddle                                   Beaumont Cornish Limited,    T: (0)20 7628 3396

 Roland Cornish                                 Nomad
 Isabella Pierre                                Shard Capital Partners LLP   T: (0)20 7186 9927

 Damon Heath                                    Broker
 Ana Ribeiro/ Isabel de Salis /Isabelle Morris  St Brides Partners Ltd,      E: seed@stbridespartners.co.uk

                                                Financial PR

 

Notes

Seed Innovations Ltd

SEED Innovations Ltd is an AIM-quoted investment company offering exposure to
disruptive, high-growth, life sciences and technology ventures typically
inaccessible to everyday investors. Its strategy focuses on identifying
early-stage opportunities with upcoming investment catalysts, alongside more
mature investments providing near-term liquidity. With a portfolio of such
investments and cash reserves, the company is agile and poised to capitalize
swiftly on new investment opportunities.

 

 

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