RCS - Agronomics Limited - Portfolio Company Presentation – Clean Food Group

AgronomicsAnnouncement

29/05/2024 07:00

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RNS Number : 1425Q  Agronomics Limited  29 May 2024

REACH

 

29 May 2024

Agronomics (https://agronomics.im/) Ltd

("Agronomics" or the "Company")

 

Portfolio Company Presentation Series - Clean Food Group

Agronomics (LSE: ANIC), a leading listed company in the field of cellular
agriculture, is pleased to announce that it will be hosting the third
presentation in its Capital Markets portfolio series.

The Agronomics' Capital Markets Investor Presentation Series comprises
individual presentations from industry-leading companies in the cell culture
and precision fermentation sector within the Agronomics portfolio. For each
presentation, the portfolio company's management team will provide in-depth
insights into the purpose, market demand, technical milestones, and growth
strategy of the company, together with a Question & Answer session at the
end of the presentation. Agronomics expects to hold, on average, a
presentation every eight weeks.

The third presentation will be held with the senior management team at Clean
Food Group Ltd ("Clean Food Group") on Monday 24 June 2024 at 3:00 pm BST.
 Attendees can register for the event using the following link:
https://us02web.zoom.us/webinar/register/WN__SQnHi3hQ9ec_Lx_bht0hQ
(https://us02web.zoom.us/webinar/register/WN__SQnHi3hQ9ec_Lx_bht0hQ) . After
registering, attendees will receive a confirmation email containing
information about joining the webinar.

Clean Food Group's proprietary technology platform uses proven, scalable yeast
strains and fermentation technology and utilises food waste as its feedstock
to deliver more sustainable alternatives to traditional oil and fat
ingredients. Its go-to-market product is equivalent to high oleic palm oil,
supported by an externally validated LCA (life-cycle assessment), which
demonstrates a 90% reduction in greenhouse gases when compared
with traditional palm oil. Clean Food Group's oil has been designed as a
drop-in ingredient that can be substituted in several consumables, including
baked goods, confectionery and cosmetics applications.

Clean Food Group announced in March that it had secured a further £2.5
million in funding from the UK climate-focused venture fund, Clean Growth
Fund Management LLP (https://www.cleangrowthfund.com/) . The funding is being
used to accelerate the commercialisation of Clean Food Group's sustainable
oils and fats technology platform.

About Clean Food Group:

Clean Food Group is a UK-based food-tech business delivering sustainable oils
and fats solutions to the world's food and cosmetics manufacturers, with the
mission to deliver scalable, healthier, competitively priced ingredients that
have a positive impact on the economic, environmental, and social health of
the planet.

Clean Food Group is founded by a team with key experience in growing biotech,
food industry and retail businesses supported by established venture capital
and family office investors with a track record supporting fast-growth
start-up companies in highly regulated industries. Clean Food Group's
proprietary technology platform has been developed as a result of 8 years of
pioneering research by Professor Chris Chuck, technical lead at Clean Food
Group and the University of Bath.

About Agronomics

Agronomics is a leading listed company focussing on investment opportunities
within the field of cellular agriculture. The Company has established a
portfolio of over twenty companies in this rapidly advancing sector. It seeks
to invest in companies owning technologies with defensible intellectual
property that offer new ways of producing food and ingredients with a focus on
products historically derived from animals. These technologies are driving a
major disruption in agriculture, offering solutions to improve sustainability
and address human health, food security, and animal welfare. A full list of
Agronomics' portfolio companies is available at https://agronomics.im/
(https://agronomics.im/) .

 

For further information please contact:

 

 

 Agronomics           Beaumont              Canaccord Genuity Limited       Cavendish Capital Markets Limited  Peterhouse Capital    SEC Newgate

 Limited              Cornish Limited                                                                          Limited
 The Company          Nomad                 Joint Broker                    Joint Broker                       Joint Broker          Public Relations
 Jim Mellon           Roland Cornish        Andrew Potts                    Giles Balleny                      Lucy Williams         Bob Huxford

 Anthony Hughes
 Denham Eke           James Biddle          Harry Pardoe                    Michael Johnson                    Charles Goodfellow

                                            Alex Aylen (Head of Equities)
 +44 (0) 1624 639396  +44 (0) 207 628 3396  +44 (0) 207 523 8000            +44 (0) 207 397 8900               +44 (0) 207 469 0936  agronomics@secnewgate.co.uk

 info@agronomics.im

 

 

 

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