Jim Mellon appointed Executive Chairperson

Agronomics Limited (AIM:ANIC), the leading listed company focused on the field of cellular agriculture, today announced that it has appointed Jim Mellon as Executive Chairperson of the Board of Directors, effective immediately. Jim Mellon, formerly an Executive Director, succeeds Richard Reed in the role of Chair, with Richard Reed continuing to serve as an Independent Non-Executive Director of the Board.

Jim Mellon commented :

"My fellow directors and I would like to thank Richard for his invaluable contributions to our Board during his time as Chairperson. We are fortunate to benefit from Richard's leadership experience, and look forward to continuing to work alongside him as we pursue our mission of building upon our portfolio of leading companies in the world of cellular agriculture".

Richard Reed commented :

"I have thoroughly enjoyed my time as Chairperson in helping develop Agronomics into an acknowledged leading investor in this exciting and rapidly advancing sector. Unfortunately, my time commitments are such that I can no longer continue with the role of Chairperson, but I am pleased to still be able to support the team in the next phase of the Company's development".