Agronomics Limited Announces Director/PDMR Shareholding

Rhea-AI Summary

Agronomics (LSE:ANIC), a leading company in clean food investments, announced that Executive Chair Jim Mellon has increased his stake in the company through an indirect purchase. Galloway , wholly owned by Mellon, acquired 1,300,000 shares at 3.80 pence per share on February 4, 2025, for a total investment of £49,400.

Following this transaction, Mellon's total interest in the company stands at 160,406,551 Ordinary Shares, representing 15.89% of the total issued capital. This holding is distributed across Galloway (152,710,944 shares), Shellbay Investments (2,313,646 shares), and direct ownership (5,381,961 shares).

Agronomics maintains a portfolio of over 20 companies in the clean food sector, focusing on technologies that offer new ways of producing food and materials traditionally derived from animals.

Positive

• Executive Chair increases stake with £49,400 additional investment, showing confidence in company
• Significant insider ownership at 15.89% of total issued capital

Negative

• Share price trading at relatively low levels of 3.80 pence per share

Jim Mellon - Director's Dealing and PDMR

DOUGLAS, ISLE OF MAN / ACCESS Newswire / February 4, 2025 / Agronomics ("Agronomics" or the "Company")(LSE:ANIC), a leading listed company in the field of clean food, has been notified that Galloway Limited, a company indirectly wholly owned by Executive Chair Jim Mellon, bought 1,300,000 shares of the Company at an average price of 3.80 pence per share on 4 February 2025.

Following this purchase, Jim Mellon's interest is in a total of 160,406,551 Ordinary Shares of the Company, representing 15.89% of the total issued capital. Of this total, 152,710,944 Ordinary Shares are held by Galloway Limited and 2,313,646 Ordinary Shares are held by Shellbay Investments Limited, companies which are both indirectly wholly owned by Jim Mellon, and 5,381,961 Ordinary Shares are held directly by Mr Mellon. Denham Eke is a director of both Galloway Limited and Shellbay Investments Limited.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jim Mellon
2	Reason for notification
a)	Position / status	Executive Chair
b)	Initial notification/Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Agronomics Limited
b)	LEI	21380029M8MPIEQ3TL31
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 Identification code	Ordinary shares of £0.000001 ISIN IM00B6QH1J21
	Nature of the transaction	Market purchase of Ordinary Shares
c)	Price(s) and volumes(s)	Purchase of 1,300,000 Ordinary Shares in total @ 3.80 pence per share
d)	Aggregated information	Aggregated Volume: 1,300,000 Ordinary Shares Aggregated purchase price: £49,400.00
e)	Date of the transaction	4 February 2025
f)	Place of the transaction	London (LSE)

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU No. 596/2014) AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018. 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.

About Agronomics
Agronomics is a leading London-listed company focussing on investment opportunities within the field of clean food. The Company has established a portfolio of over 20 companies in this rapidly advancing sector. It seeks to invest in companies owning technologies with defensible intellectual property that offer new ways of producing food and materials with a focus on products historically derived from animals. These technologies are driving a major disruption in agriculture, offering solutions to improve sustainability, as well as addressing human health, animal welfare and environmental damage. This disruption will decouple supply chains from the environment and animals and improve food security for the world's expanding population. A full list of Agronomics' portfolio companies is available at https://agronomics.im/.

For further information please contact:

Agronomics Limited	Beaumont Cornish Limited	Canaccord Genuity Limited	Cavendish Capital Markets Limited	Peterhouse Capital Limited	SEC Newgate
The Company	Nomad	Joint Broker	Joint Broker	Joint Broker	Public Relations
Jim Mellon Denham Eke	Roland Cornish James Biddle	Andrew Potts Harry Pardoe Alex Aylen (Head of Equities)	Giles Balleny Michael Johnson Charlie Combe	Lucy Williams Charles Goodfellow	Bob Huxford Anthony Hughes
+44 (0) 1624 639396 info@agronomics.im	+44 (0) 207 628 3396	+44 (0) 207 523 8000	+44 (0) 207 397 8900	+44 (0) 207 469 0936	agronomics@secnewgate.co.uk

Nominated Adviser
Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Agronomics Limited

View the original press release on ACCESS Newswire

FAQ

How many shares did Jim Mellon purchase in Agronomics (LSE:ANIC) on February 4, 2025?

Jim Mellon, through Galloway , purchased 1,300,000 shares at 3.80 pence per share on February 4, 2025.

What is Jim Mellon's total ownership percentage in Agronomics (LSE:ANIC) after the recent purchase?

Following the purchase, Jim Mellon's total interest is 160,406,551 shares, representing 15.89% of the total issued capital.

How much did Jim Mellon invest in the February 4, 2025 Agronomics share purchase?

The total investment amount was £49,400, calculated at 3.80 pence per share for 1,300,000 shares.

How are Jim Mellon's Agronomics shares distributed across different holdings?

Mellon's shares are held through Galloway (152,710,944 shares), Shellbay Investments (2,313,646 shares), and direct ownership (5,381,961 shares).