Agronomics Limited (GB:ANIC) has released an update.
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Jim Mellon, Executive Chair of Agronomics Limited, has significantly increased his stake in the company by purchasing 2,000,000 shares at an average price of 4.84375 pence each, now holding a total interest of 15.66% in the firm. This move comes as Agronomics, a pioneer in cellular agriculture with over 20 portfolio companies, continues to champion the production of sustainable food and materials. The transaction took place on the London Stock Exchange on October 7, 2024, signaling a strong vote of confidence from Mellon in the company’s potential.
For further insights into GB:ANIC stock, check out TipRanks’ Stock Analysis page.
