Company Announcements

Director Dealing

Source: RNS
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

 

A blue logo with a leaf Description automatically generatedSeed 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 London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHFELLBZQLFBBL