Seed Capital Solutions PLC Director Dealing
06 June 2024 - 4:05PM
RNS Regulatory News
RNS Number : 3231R
Seed Capital Solutions PLC
06 June 2024
June 6
2024
SEED CAPITAL SOLUTIONS PLC
("Seed Capital", "SCSP" or the
"Company")
Director Dealing
Seed
Capital Solutions plc (LON: SCSP) ("Seed Capital"), a Company
formed for the purpose of acquiring a business or businesses
operating in market sectors that can display strong ESG
credentials, is pleased to announce that on June 5th
2024, CEO, John Zorbas, has beneficially acquired through his
company Corrales Trading Limited ("Corrales") 10,000,000 ordinary
shares of £0.0025 each as part of an off market transaction under
which Mr Zorbas agreed to settle the outstanding liability of
£75,000 of AMI Assets SA ("AMI") relating to AMI's agreement to
subscribe for new share capital on the Company's Admission to
listing on the London Stock Exchange last year.
In consideration for this undertaking, AMI has
transferred the shares allocated to it under the subscription
agreement to Corrales. On the completion of this transaction,
Corrales has a beneficial interest in 10,000,000 ordinary shares
representing 5.39% of the issued share capital, as
follows:
|
Director/PDMR
|
Previous Shares
held
|
Shares
Acquired
|
Price per Share
(GBP)
|
Total Holding
following Acquisition
|
% of the
Company's issued share capital held following
Acquisition
|
|
John Zorbas via his company Corrales
|
nil
|
10,000,000
|
£0.0075
|
10,000,000
|
5.39%
|
The relevant notifications set out below are
provided in accordance with the requirements of the Market Abuse
Regulation.
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
|
John Zorbas
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
CEO
|
|
b)
|
Initial notification
|
|
|
3
|
Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor
|
|
a)
|
Name
|
Seed Capital Solutions Plc
|
|
b)
|
LEI
|
213800NRFXJG9H18LA29
|
|
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
Identification
code:
|
Ordinary shares
GB00BL6CFR81
|
|
b)
|
Nature of the transaction
|
Purchase
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£0.0075
|
10,000,000
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
10,000,000
£75,000.00
|
|
e)
|
Date of the transaction
|
5 June 2024
|
|
f)
|
Place of the transaction
|
LONDON STOCK EXCHANGE,
(XLON)
|
FOR FURTHER
INFORMATION, PLEASE CONTACT:
|
Seed Capital
Solutions plc
|
|
Tel: +44 (0)1535 647
479
|
|
|
Chairman Damion Greef
Brand
Communications
|
|
Tel: +44 (0) 7976 431608
|
|
|
Public & Investor
Relations
|
|
|
|
|
Alan Green
|
|
|
|
|
|
|
|
| |
ABOUT SEED
CAPITAL SOLUTIONS PLC
Seed Capital Solutions Plc (LON: SCSP) has been
formed for the purpose of acquiring a business or businesses
operating in market sectors that can display strong ESG
credentials, thereby benefitting from the current trend of superior
performance and increased investor appetite.
This information is provided by RNS, the news service of the
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END
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