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Agronomics Limited (ANIC)

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Thursday 20 May, 2021

Agronomics Limited

Update regarding Broker Option

RNS Number : 2088Z
Agronomics Limited
20 May 2021
 

 

20 May 2021

Agronomics Limited

("Agronomics" or the "Company")

Update regarding Broker Option

Further to the announcement made on 11 May 2021 by the Company in connection with the subscription and placing to raise £ 62.5 million (before expenses) (the "Fundraising Announcement"), Agronomics, a leading listed investor in cellular agriculture with a focus on cultivated meat and alternative proteins, is pleased to announce that the Broker Option granted to Peterhouse Capital Limited ("Peterhouse") is already considerably oversubscribed and has received applications significantly in excess of the 9,090,909 Ordinary Shares (representing £2 million raised before expenses) available on the same terms as the Fundraising, .

As previously announced and as far as is practical, participation in the Broker Option will be prioritised for shareholders on the Company's share register at the close of business on 10 May 2021 ("Existing Shareholders"). Peterhouse may choose not to accept applications and/or to accept applications, either in whole or in part, based on allocations determined at their sole discretion (after consultation with the Company) and may scale down any bids for this purpose on such basis as Peterhouse may determine. If the Broker Option is not fully subscribed by 12:00 BST on 26 May 2021 orders from eligible investors will be satisfied in full, and the balance of the Broker Option shall lapse.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU No. 596/2014) ("MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN AND SUCH PERSONS SHALL THEREFORE CEASE TO BE IN POSSESSION OF INSIDE INFORMATION.

 

  For further information, please contact:

Agronomics Limited

Beaumont Cornish Limited

Cenkos Securities Plc

Peterhouse Capital Limited

TB Cardew

The Company

Nomad

Joint Broker

Joint Broker

Public Relations

Richard Reed

Denham Eke

Roland Cornish

James Biddle

Giles Balleny

Michael Johnson

Lucy Williams

Charles Goodfellow

Ed Orlebar

Joe McGregor

+44 (0) 1624 639396

+44 (0) 207 628 3396

+44 (0) 207 397 8900

+44 (0) 207 469 0936

+44 (0) 20 7930 0777

+44 (0) 7738 724 630

[email protected]

 

 

 

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