Transaction in Own Shares

Seed Innovations Limited

24 May 2024

 

24 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	23 May 2024
Number of shares purchased (aggregated volume):	365,000
Highest price paid per share (pence):	2.1 pence
Lowest price paid per share (pence):	2.1 pence
Volume weighted average price paid per share (pence):	2.1 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 21,774,946 shares are held in treasury. The remaining 193,444,895 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 23 May 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	2.1	365,000

Individual transactions:

Number of shares purchased	Transaction price (pence per share)	Time of transaction	Venue
365,000	2.1	13.07.08	AIMX

-Ends-

For further information on the Company please visit:  www.seedinnovations.co 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
Ana Ribeiro/ Isabel de Salis /Isabelle Morris	St Brides Partners Ltd, Financial PR	E: [e-mail]

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. 

 

END