Seed Innovations Limited (AIM:SEED) announces a share repurchase program. Under the program, the company will repurchase up to 21,500,000 shares for £0.85 million. The shares will be repurchased at price of 110% of the average middle market quotations for an Ordinary Share taken from and calculated by reference to the London Stock Exchange AIM Market Daily Official List for the five business days immediately preceding the date on which the Ordinary Share is purchased or £0.06 per Ordinary Share and the higher of the last independent trade and the highest current independent bid on the trading venue where the purchase is carried out.

The purpose of the repurchase program is to reduce the capital of the company. The Program will be funded from the Company's existing cash resources. The shares purchased by the Company will be held in treasury pending cancellation or re-issue.

The repurchase program is valid till February 29, 2024.