4th Jan 2023 14:15
4 January 2023
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 4 January 2023, Ed McDermott, CEO of SEED, purchased a further 405,000 ordinary shares in the Company at a price of 2.5p per share. Following this purchase Mr McDermott has a beneficial interest of 4,680,000 shares representing 2.20% 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 |
|
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 |
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) | ||||
2.5p | 405,000 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | N/A Single transaction | ||||
- Price | |||||
e)
| Date of the transaction
| 4 January 2023 | |||
f)
| Place of the transaction
| London Stock Exchange | |||
Related Shares:
Seed