Agronomics Limited Update regarding Broker Option (2088Z)
20 Mai 2021 - 8:00AM
UK Regulatory
TIDMANIC
RNS Number : 2088Z
Agronomics Limited
20 May 2021
20 May 2021
Agronomics Limited
("Agronomics" or the "Company")
Update regarding Broker Option
Further to the announcement made on 11 May 2021 by the Company
in connection with the subscription and placing to raise GBP 62.5
million (before expenses) (the "Fundraising Announcement"),
Agronomics, a leading listed investor in cellular agriculture with
a focus on cultivated meat and alternative proteins, is pleased to
announce that the Broker Option granted to Peterhouse Capital
Limited ("Peterhouse") is already considerably oversubscribed and
has received applications significantly in excess of the 9,090,909
Ordinary Shares (representing GBP2 million raised before expenses)
available on the same terms as the Fundraising, .
As previously announced and as far as is practical,
participation in the Broker Option will be prioritised for
shareholders on the Company's share register at the close of
business on 10 May 2021 ("Existing Shareholders"). Peterhouse may
choose not to accept applications and/or to accept applications,
either in whole or in part, based on allocations determined at
their sole discretion (after consultation with the Company) and may
scale down any bids for this purpose on such basis as Peterhouse
may determine. If the Broker Option is not fully subscribed by
12:00 BST on 26 May 2021 orders from eligible investors will be
satisfied in full, and the balance of the Broker Option shall
lapse.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF THE MARKET ABUSE REGULATION (EU No. 596/2014) ("MAR"). UPON THE
PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION
SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE
PUBLIC DOMAIN AND SUCH PERSONS SHALL THEREFORE CEASE TO BE IN
POSSESSION OF INSIDE INFORMATION.
For further information, please contact:
Agronomics Limited Beaumont Cornish Cenkos Securities Plc Peterhouse Capital TB Cardew
Limited Limited
The Company Nomad Joint Broker Joint Broker Public Relations
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Richard Reed Roland Cornish Giles Balleny Lucy Williams Ed Orlebar
Denham Eke James Biddle Michael Johnson Charles Goodfellow Joe McGregor
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+44 (0) 20 7930 0777
+44 (0) 7738 724 630
+44 (0) 1624 639396 +44 (0) 207 628 3396 +44 (0) 207 397 8900 +44 (0) 207 469 0936 agronomics@tbcardew.com
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END
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