In This Article:
Agronomics Limited ("Agronomics" or the "Company")
Director Dealings
Exercise of Shellbay options
DOUGLAS, ISLE OF MAN / ACCESS Newswire / March 18, 2025 / Agronomics (LSE:ANIC), a leading listed company in the field of clean food, announces that the Company has been notified by Shellbay Investments Limited ("Shellbay") that an advisory consultant to Shellbay has elected to exercise the nil paid options granted by Shellbay in relation to certain shares of the Company held by Shellbay. The option holder has exercised options over 2,289,549 shares, and the transfer of these shares to the option holder will occur with immediate effect.
Shellbay is a company indirectly wholly owned by Jim Mellon, the Executive Chair of the Company.
Following the exercise of options and resulting transfer of the Company shares to the consultant, Shellbay holds, in aggregate, 24,097 Ordinary Shares of the Company, of which 24,097 shares remain subject to the 2024 Options.
The total issued share capital of 1,009,417,295 ordinary shares with a nominal value of £0.000001 remains unchanged.
Following the exercise of Options, the interests of the Directors in Ordinary Shares is as set out below:
| No. of Ordinary Shares | % of current issued Ordinary Shares | |
| Jim Mellon* | 158,117,002 | 15.66% |
| Richard Reed** | 6,354,412 | 0.63% |
| David Giampaolo | 2,434,783 | 0.24% |
| Denham Eke | 1,551,824 | 0.15% |
*Jim Mellon is currently interested in a total of 158,117,002 Ordinary Shares. 152,710,944 are held by Galloway Limited and 24,097 are held by Shellbay, companies which are both indirectly wholly owned by Jim Mellon, and 5,381,961 Ordinary Shares are held directly by Jim Mellon. Denham Eke is a director of Galloway Limited and Shellbay Investments Limited.
** Richard Reed is currently interested in 6,354,412 Ordinary Shares held by Reepa Limited. Reepa Limited is wholly owned by Richard Reed.
About Agronomics
Agronomics is a leading London-listed company focusing 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/.