Agronomics Limited, a leading listed company focused on cellular agriculture, has announced the exercise of warrants, resulting in the issuance of 1,791 Ordinary Shares. The subscription price for the shares is 28.5p each, with gross proceeds of £510.43. The company has applied for the shares to be admitted to trading on AIM, with the admission expected to occur on or around 11 June 2024. The newly issued shares will rank pari passu with the existing Ordinary Shares, including the right to receive all dividends and other distributions declared after the date of their issue.
Following the admission of the shares, Agronomics Limited will have 1,009,411,583 ordinary shares with voting rights and admitted to trading on AIM. This figure may be used by shareholders to determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.
Agronomics Limited is a leading London-listed company focusing on investment opportunities within the field of cellular agriculture. 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 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. The disruption is expected to decouple supply chains from the environment and animals and improve food security for the world's expanding population.
For further information, interested parties can contact Agronomics Limited or its representatives at the provided contact details.