Retail Offer, Fundraising & Trading Restoration
SEED Innovations Limited has successfully raised approximately £384,097 through a WRAP Retail Offer and a second closing of its fundraising, bringing the total gross proceeds to £2.9 million from the issuance of 120,870,717 new Ordinary Shares at 2.4 pence per share. Trading of the Company's Ordinary Shares on AIM has been restored effective today, October 1, 2026, following the completion of these fundraising activities. Director Jim Mellon's holding will increase to 27.91% upon admission of the new shares.
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Director Holdings &
Restoration of Trading on AIM
SEED Innovations Limited (AIM: SEED), the investing company focused on early-stage physical AI and robotics, is pleased to confirm, further to the announcement made at 7.40 a.m. on 29 September 2026 (the ‘Retail Offer Announcement’), that it has conditionally raised gross proceeds of approximately £167,000 through the WRAP Retail Offer at the Issue Price of 2.4 pence per share.
In addition, and further to the Fundraising announced at 7.00 a.m. on 29 September (the ‘Fundraising’), the Company has received additional interest from investors. The Board considers that it would be beneficial to the Company and shareholders to accept this interest by way of a second closing of the Fundraising (the ‘2nd Closing’), raising a further £217,000, in order to maximise its ability to invest in physical AI and robotics opportunities and provide capacity for follow-on investment in select existing portfolio companies.
The Retail Offer and 2nd Closing have therefore raised a further £384,097. Accordingly, the Company will issue an additional 16,004,058 new Ordinary Shares at the Issue Price pursuant to the terms of the Retail Offer and 2nd Closing.
In total, the Fundraising, 2nd Closing and the Retail Offer have raised gross proceeds of £2.9 million for the Company, via the issuance of 120,870,717 new Ordinary Shares (the “Fundraising Shares”).
The Retail Offer and 2nd Closing are conditional upon the Fundraising Shares being admitted to trading on AIM ("Admission"). Application has been made to the London Stock Exchange plc for the Fundraising Shares to be admitted to trading on AIM and it is anticipated that Admission will become effective and that dealings in the Fundraising Shares will commence at 8.00 a.m. on 6 October 2026.
The Fundraising Shares will be issued free of all liens, charges and encumbrances and will, on Admission, rank pari passu in all respects with the New Ordinary Shares to be issued pursuant to the Fundraising.
Director Holdings
As a result of the participation of Jim Mellon in the 2nd Closing and the additional New Ordinary Shares issued, the Company updates herewith the positions of those Directors participating in the Fundraising following Admission of the Fundraising Shares as follows:
| Director | Existing Ordinary Shares | Subscription Shares | Value of Subscription | Resulting holding | % on Admission |
|---|---|---|---|---|---|
| Jim Mellon* | 43,915,169 | 42,291,666 | £1,014,999.98 | 86,206,835 | 27.91% |
| Sir James Bucknall | 0 | 1,041,666 | £24,999.98 | 1,041,666 | 0.34% |
| Total | 43,333,332 | £1,039,999.96 | 87,248,501 | 28.25% |
*via Galloway Limited
Restoration of Trading on AIM
Following the closing of the Fundraising and Retail Offer, the Company is pleased to announce that the Capital Access Window has closed, and trading of the Company’s Ordinary Shares on AIM will be restored with effect from 7:30am today.
SEED Innovations Limited (AIM: SEED) is an investing 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.
Nominated Adviser statement
Distribution
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