Director Share Purchase

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:  [e-mail]
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:  [e-mail]

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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