Director/PDMR Shareholding
SEED Innovations Limited announced that Galloway Limited, an entity wholly owned by Non-executive Chair Jim Mellon, has increased its holding by 42,291,666 ordinary shares, bringing his total beneficial interest to 86,206,835 ordinary shares, representing 27.91% of the company's total voting rights. This transaction follows a fundraising announcement on October 1st and the admission of resultant shares on October 6th, 2026.
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SEED Innovations Limited, an AIM-quoted investing company, announces that, further to its fundraising announcement of 1 October 2026 and the admission of the resultant shares to trading on 6 October 2026, the holding of Galloway Limited, an entity indirectly wholly owned by Jim Mellon, Non-executive Chair of the Company, has increased by 42,291,666 ordinary shares in the Company ("Ordinary Shares").
As a result, Jim Mellon's total beneficial interest in the Company, including all entities closely associated, is now 86,206,835 Ordinary Shares, representing 27.91% 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 1 pence |
| b) | Identification code | GG00BRK9BQ81 |
| c) | Nature of the transaction | Acquisition of 42,291,666 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. Backed 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
Distribution
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 | X |
- 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
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 : | 06/10/2026 |
| 6. Date on which issuer notified (DD/MM/YYYY): | 06/10/2026 |
- Total positions of person(s) subject to the notification obligation
| Resulting situation on the date on which threshold was crossed or reached | 27.91% | 0% | 27.91% | 86,206,835 |
| Position of previous notification (if applicable) | 23.36% | 0% | 23.36% | 43,915,169 |
| 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 | 24,782,115 | 61,424,720 | 8.02% | 19.89% |
| SUBTOTAL 8. A | 86,206,835 | 27.91% | ||
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 | 8.02% | 8.02% |
| Galloway Limited | 19.89% | 19.89% |
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 | 06 October 2026 |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.