Director's Dealing • Dec 15, 2022
Director's Dealing
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RNS Number : 8968J
Seed Innovations Limited
15 December 2022
15 December 2022
SEED Innovations Limited
("SEED" or the "Company")
Director Share Purchase
SEED Innovations Ltd, the AIM-quoted company investing in fast-growing and industry-leading businesses with a focus on the medical cannabis, health, and wellness space, is pleased to announce it has been informed today that on 15 December 2022, Ed McDermott, CEO of SEED, purchased a further 850,000 ordinary shares in the Company at an average price of 2.69p per share. Following this purchase Mr McDermott has a beneficial interest of 4,275,000 shares representing 2.01% of the issued share capital of the Company.
This announcement contains inside information for the purposes of Article 7 of EU Regulation No. 596/2014, which forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018 (as amended).
- Ends -
For further information on the Company please visit: www.seedinnovations.com or contact:
| Ed McDermott Lance de Jersey |
SEED Innovations Ltd | E: [email protected] |
| James Biddle Roland Cornish |
Beaumont Cornish Limited, Nomad |
T: (0)20 7628 3396 |
| Isabella Pierre Damon Heath |
Shard Capital Partners LLP Broker |
T: (0)20 7186 9927 |
| Catherine Leftley Isabelle Morris Max Bennett |
St Brides Partners Ltd, Financial PR |
E: [email protected] |
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 | Ed McDermott | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | CEO of SEED Innovations Limited | |||
| 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 | |||
| Identification code | GG00BRK9BQ81 | ||||
| b) | Nature of the transaction | On market purchase of shares | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| 2.69p | 850,000 | ||||
| d) | Aggregated information | ||||
| - Aggregated volume | N/A Single transaction | ||||
| - Price | |||||
| e) | Date of the transaction | 15 December 2022 | |||
| f) | Place of the transaction | London Stock Exchange |
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