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Market Cap: £1.77m
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Related Party Transaction

21 Mar 2025 07:00

RNS Number : 5320B
SuperSeed Capital Limited
21 March 2025
 

SUPERSEED CAPITAL LIMITED

(the "Company")

 

RELATED PARTY TRANSACTION

 

 

SuperSeed Capital Limited is a company established as a venture capital fund of funds for early-stage AI/SaaS companies. The Company invests in technology-led innovation, primarily through funds managed by SuperSeed Ventures LLP (the "Investment Manager"). The Company's principal investment to date is in SuperSeed II LP (the "Fund").

 

Further to the announcement made on 24 June 2024 in respect of the extension of the £1,000,000 loan facility through the issue of convertible loan notes (the "Convertible Loan Notes") to the Investment Manager, on 28 March 2025 the Company will issue 260,000 Convertible Loan Notes to the Investment Manager for a subscription price of £260,000 (the "Issue").

 

The Investment Manager is a related party of the Company pursuant to the rules of the Aquis Stock Exchange. The independent directors of the Company, having exercised reasonable care, skill and diligence believe that the Issue is fair and reasonable as far as the shareholders of the Company are concerned.

 

 

For more information, please contact:

 

SuperSeed Capital Limited

+44(0) 203 405 3060

Mads Jensen, Investment Manager

 

VSA Capital - AQSE Corporate Adviser and Broker

+44(0) 203 005 5000

Corporate Finance: Simon Barton

 

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