TIDMLST

RNS Number : 4984Y

Light Science Tech. Holdings PLC

05 May 2023

Light Science Technologies Holdings plc

("LSTH", the "Company" or the "Group")

Change of Broker

Light Science Technologies Holdings plc (AIM: LST), the controlled environment agriculture ("CEA") technology and contract electronics manufacturing ("CEM") group , announces that Oberon Capital will act as the Company's sole Broker with immediate effect. Oberon Capital is a trading name of Oberon Investments Limited.

For additional information please contact:

 
 Light Science Technologies Holdings     www.lightsciencetechnologiesholdings.com 
  plc 
 Simon Deacon, Chief Executive Officer   via Walbrook PR 
  Jim Snooks, Chief Financial Officer 
  Andrew Hempsall, Chief Operating 
  Officer 
 
 Strand Hanson Limited (Nominated        Tel: +44 (0) 20 7409 3494 
  & Financial Adviser) 
 Ritchie Balmer / James Harris / 
  Rob Patrick 
 
 Oberon Capital (Broker) 
 Mike Seabrook / Nick Lovering           Tel: +44 (0) 203 179 5300 
 
 Walbrook PR Ltd (Media & Investor       Tel: +44 (0)20 7933 8780 or 
  Relations)                              lst@walbrookpr.com 
 Nick Rome / Paul McManus

About Light Science Technologies Holdings plc ( www.lightsciencetechnologiesholdings.com )

Light Science Technologies Holdings plc is the holding company of the Group's controlled environment agriculture ("CEA") division, Light Science Technologies Ltd ("Light Science Technologies"), and its contract electronics manufacturing ("CEM") division, UK Circuits and Electronics Solutions Limited ("UK Circuits").

Controlled Environment Agriculture

Light Science Technologies was founded in 2019 and is the Company's grow lights and sensor technology business, providing bespoke recipes and technologies tailored to customers' needs - with key targets including indoor, vertical, glasshouses, polytunnels and medicinal farming markets. The all-in-one CEA solution will include analysing customers' crop growing requirements to provide bespoke, low-energy and sustainable equipment.

Market drivers include food and water shortages in many parts of the world; growing global population; UK and other government policy encouraging sustainable and efficient growth methods; increased scrutiny of the effect of food production on climate change and the continuing transition away from processed foods.

sensorGROW

sensorGROW was launched in June 2022 and its technology will enable farmers to monitor the following key air zone growing factors in real-time: carbon dioxide levels, humidity, light, oxygen - and in the future: air speed, plant disease, soil, temperature and water pH levels. By monitoring these key growing factors, farmers can save money through better management of resources: water, nutrients, fertilisers and energy - while increasing yields and producing healthier crops.

nurturGROW

nurturGROW is a sustainable grow lighting product range, offering an innovative, high-performance and cost-effective solution for indoor farming, covering greenhouses, vertical farming, polytunnels and medicinal plants.

Created with four core component parts, the nurturGROW range is made of high quality, durable materials to give growers the ideal balance between strength and optimal performance, minimising the amount of materials needed to drastically cut down on waste and reduce carbon footprint.

Contract Electronics Manufacturing

UK Circuits is the Company's CEM focussed division, profit making with strong revenues. The Group designs, procures, and manufactures high-quality CEM products, specialising in Printed Circuit Boards, which are used in a range of sectors including audio, automotive, electronics, gas detection, lighting, pest control, telecommunications and, more recently, the CEA market.

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May 05, 2023 02:00 ET (06:00 GMT)

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