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9 Jan 2026 15:19
FOR IMMEDIATE RELEASE
9 January 2026
SEED Innovations Limited
("SEED" or the "Company")
Director's Dealing
SEED Innovations Limited ("SEED" or the "Company"), an AIM-quoted investing company, announces that that it was notified on 9 January 2026 that Galloway Limited, an entity indirectly wholly owned by Jim Mellon, Non-executive Chair of the Company, purchased a total of 1,193,261 ordinary shares of 0.1p each in the Company ("Ordinary Shares") at a price of 2.92 pence per Ordinary Share on 8 January 2026.
As a result, Jim Mellon's total beneficial interest in the Company, including all entities closely associated, is now at 43,915,169 Ordinary Shares, representing 23.36% per cent of the total voting rights of the Company.
The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.
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 | Jim Mellon |
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2. |
| Reason for the notification | |
| a) | Position/status | Chair |
| b) | Initial notification/Amendment | Initial Notification |
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3. |
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | SEED Innovations Limited |
| b) | LEI | 213800KV6ETTB1BRZ435 |
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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 of no par value |
| b) | Identification code | GG00BRK9BQ81 |
| c) | Nature of the transaction | Acquisition of 1,193,261 Ordinary Shares |
This announcement contains inside information for the purposes of Article 7 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, this inside information is now considered to be in the public domain.
For further information please visit: www.seedinnovations.co or contact:
SEED Innovations Limited | Beaumont Cornish Limited | Shard Capital Partners LLP | St Brides Partners Limited |
The Company | Nomad | Broker | Public Relations |
Lance de Jersey | Roland Cornish James Biddle | Isabella Pierre Damon Heath | Ana Ribeiro Isabel de Salis |
info@seedinnovations.com | +44 (0) 207 628 3396 | +44 (0)20 7186 9927 | seed@stbridespartners.co.uk |
NOTES
SEED Innovations Ltd (SEED.L)
SEED is an AIM-quoted investment company focused on providing access to high-growth robotics and AI ventures typically beyond the reach of everyday investors. The Company also oversees a legacy portfolio in wellness and life sciences, with a medium-term strategy to unlock its full value. Back by an experienced team and strong cash reserves, the Company remains agile and well-positioned to capitalise on new investment opportunities as they arise.
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.
TR1
Please note that from 22 March 2021, the Standard TR-1 Form should be completed and submitted to the FCA via our Electronic Submission System (ESS) in relation to notifications of voting rights held in issuers whose shares are admitted to trading on UK regulated markets.
Holders of voting rights in issuers whose shares are admitted to trading on UK prescribed markets such as AIM market, can continue to use this form to send their notifications to those issuers. Alternatively, if they wish they can register on ESS to be able to notify to us, produce a TR-1 Form via ESS and submit the downloaded version to issuers with shares admitted to trading on prescribed markets.
More information on how to submit a TR-1 Form via ESS is available here
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TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i | ||||||
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii: | SEED Innovations Limited | |||||
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) | ||||||
Non-UK issuer | ||||||
2. Reason for the notification (please mark the appropriate box or boxes with an "X") | ||||||
An acquisition or disposal of voting rights | X | |||||
An acquisition or disposal of financial instruments | ||||||
An event changing the breakdown of voting rights | X | |||||
Other (please specify) iii: | ||||||
3. Details of person subject to the notification obligation iv | ||||||
Name | Jim Mellon | |||||
City and country of registered office (if applicable) | c/o Viking House, Nelson Street, Douglas, Isle of Man IM1 2AH | |||||
4. Full name of shareholder(s) (if different from 3.) v | ||||||
Name | Galloway Limited | |||||
City and country of registered office (if applicable) | Road Town, Tortola, British Virgin Islands | |||||
5. Date on which the threshold was crossed or reached vi: | 8 January 2026 | |||||
6. Date on which issuer notified (DD/MM/YYYY): | 09/01/2026 | |||||
7. Total positions of person(s) subject to the notification obligation | ||||||
% of voting rights attached to shares (total of 8. A) | % of voting rights through financial instruments(total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer (8.A + 8.B) vii | |||
Resulting situation on the date on which threshold was crossed or reached | 23.36% | 0.00% | 23.36% | 43,915,169 | ||
Position of previous notification (if applicable) | 22.20% | 0.00% | 22.20% | 41,721,908 | ||
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii | |||||||||
A: Voting rights attached to shares | |||||||||
Class/type ofshares ISIN code (if possible) | Number of voting rights ix | % of voting rights | |||||||
Direct (DTR5.1) | Indirect (DTR5.2.1) | Direct (DTR5.1) | Indirect (DTR5.2.1) | ||||||
GG00BRK9BQ81 | 23,782,115 | 20,133,054 | 12.65% | 10.71% | |||||
SUBTOTAL 8. A | 43,915,169 | 23.36% | |||||||
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B 1: Financial Instruments according to DTR5.3.1R (1) (a) | |||||||||
Type of financial instrument | Expirationdate x | Exercise/Conversion Period xi | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | |||||
SUBTOTAL 8. B 1 | |||||||||
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B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b) | |||||||||
Type of financial instrument | Expirationdate x | Exercise/Conversion Period xi | Physical or cash Settlement xii | Number of voting rights | % of voting rights | ||||
| SUBTOTAL 8.B.2 | ||||||||
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9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X") | ||||
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii | ||||
Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) xiv | X | |||
Name xv | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | |
Jim Mellon | 12.65% | 12.65% | ||
Galloway Limited | 10.71% | 10.71% | ||
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10. In case of proxy voting, please identify: | ||||
Name of the proxy holder | ||||
The number and % of voting rights held | ||||
The date until which the voting rights will be held | ||||
11. Additional information xvi | ||||
Place of completion | Douglas, Isle of Man |
Date of completion | 9 January 2026 |
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