Director/PDMR Shareholding
Galloway Limited, an entity wholly owned by Jim Mellon, Non-executive Chair of SEED Innovations Limited, purchased 1,193,261 ordinary shares at 2.92 pence each on January 8, 2026. This transaction increases Jim Mellon's total beneficial interest to 43,915,169 ordinary shares, representing 23.36% of the company's total voting rights. This acquisition follows a previous holding of 22.20% and indicates a significant increase in the Chair's stake in the company.
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SEED Innovations Limited ("SEED" or the "Company"), an AIM-quoted investing company, announces that that it was notified on 9 January 2026 that Galloway Limited, an entity indirectly wholly owned by Jim Mellon, Non-executive Chair of the Company, purchased a total of 1,193,261 ordinary shares of 0.1p each in the Company ("Ordinary Shares") at a price of 2.92 pence per Ordinary Share on 8 January 2026.
As a result, Jim Mellon's total beneficial interest in the Company, including all entities closely associated, is now at 43,915,169 Ordinary Shares, representing 23.36% per cent of the total voting rights of the Company.
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Jim Mellon |
| 2. | Reason for the notification | |
| a) | Position/status | Chair |
| b) | Initial notification/Amendment | Initial Notification |
| a) | Name | SEED Innovations Limited |
| b) | LEI | 213800KV6ETTB1BRZ435 |
| a) | Description of the financial instrument, type of instrument | Ordinary Shares of no par value |
| b) | Identification code | GG00BRK9BQ81 |
| c) | Nature of the transaction | A cquisition of 1,193,261 Ordinary Shares |
SEED is an AIM-quoted investment company focused on providing access to high-growth robotics and AI ventures typically beyond the reach of everyday investors. The Company also oversees a legacy portfolio in wellness and life sciences, with a medium-term strategy to unlock its full value. Back by an experienced team and strong cash reserves, the Company remains agile and well-positioned to capitalise on new investment opportunities as they arise.
Nominated Adviser
TR1
TR-1: Standard form for notification of major holdings
| 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii : | SEED Innovations Limited |
- Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
Non-UK issuer
- Reason for the notification (please mark the appropriate box or boxes with an "X")
| An acquisition or disposal of voting rights | X |
| An acquisition or disposal of financial instruments | |
| An event changing the breakdown of voting rights | X |
Other (please specify) iii :
Details of person subject to the notification obligation iv
| Name | Jim Mellon |
Full name of shareholder(s) (if different from 3.) v
| Name | Galloway Limited |
| City and country of registered office (if applicable) | Road Town, Tortola, British Virgin Islands |
| 5. Date on which the threshold was crossed or reached vi : | 8 January 2026 |
| 6. Date on which issuer notified (DD/MM/YYYY): | 09/01/2026 |
- Total positions of person(s) subject to the notification obligation
| Resulting situation on the date on which threshold was crossed or reached | 23.36% | 0.00% | 23.36% | 43,915,169 |
| Position of previous notification (if applicable) | 22.20% | 0.00% | 22.20% | 41,721,908 |
| A: Voting rights attached to shares | ||||
| Class/type of shares ISIN code (if possible) | Number of voting rights ix | % of voting rights | ||
| Direct (DTR5.1) | Indirect (DTR5.2.1) | Direct (DTR5.1) | Indirect (DTR5.2.1) | |
| GG00BRK9BQ81 | 23,782,115 | 20,133,054 | 12.65% | 10.71% |
| SUBTOTAL 8. A | 43,915,169 | 23.36% | ||
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
SUBTOTAL 8.B.2
| Jim Mellon | 12.65% | 12.65% |
| Galloway Limited | 10.71% | 10.71% |
In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
Additional information xvi
| Place of completion | Douglas, Isle of Man |
| Date of completion | 9 January 2026 |
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