Agronomics Limited Agronomics Welcomes Marisa Drew as a Director (6296Q)
23 Febrero 2023 - 1:00AM
UK Regulatory
TIDMANIC
RNS Number : 6296Q
Agronomics Limited
23 February 2023
23 February 2023
Agronomics Limited
("Agronomics" or the "Company")
Agronomics Welcomes Marisa Drew to the Board of Directors
Agronomics (ANIC:LSE), the leading listed company focused on the
field of cellular agriculture is pleased to announce that it has
today appointed Marisa Drew as an Independent Non-Executive
Director. Marisa Drew is the inaugural Chief Sustainability Officer
("CSO") of Standard Chartered Bank Plc, responsible for setting the
bank's sustainability strategy and the delivery of the firm's
commitment to net zero carbon emissions by 2050 as well as
overseeing the sustainable finance client-facing activities of the
bank. Prior to this, she held the CSO role at Credit Suisse as well
as being CEO of the Sustainability Strategy, Advisory & Finance
Group. Marisa also Co-Chaired the Sustainability Leaders Committee,
served on the ESG Steering Committee, the Climate Risk Strategy
Steering Committee, and the UK Reputational Risk Committee of the
bank. Marisa also sits on the member of the UK Financial Conduct
Authority's Markets Practitioner Panel and has served on several
High Level Working Groups ("HLG") sponsored by the World Economic
Forum and the UN, including as co-chair of the HLG for Humanitarian
Aid and the Oceans Panel.
As a globally recognised leader in sustainability, Marisa brings
a vast wealth of experience to the Board and is thoroughly aligned
with Agronomics' mission of bringing sustainable alternatives to
agricultural products to consumers by investing in leading cellular
agriculture companies.
Marisa Drew, Non-Executive Director of Agronomics commented:
-
"I am delighted to be joining the Board of Agronomics at this
truly exciting time in the field of cellular agriculture. Over the
past year, Agronomics has grown its portfolio and is investing in
ground-breaking companies and technologies creating a more
sustainable protein production system. I look forward to working
with my fellow board members to support the growth of the portfolio
companies and scaling of the industry."
Jim Mellon, Co-Founder and Executive Director of Agronomics
commented: -
"It is a pleasure to welcome Marisa to Agronomics' Board of
Directors. Marisa brings with her a wealth of experience,
particularly in the sphere of sustainability, and has a track
record of achieving investor returns in her previous roles. As a
recognised leader in sustainability, Marisa will be well equipped
to work with Agronomics' senior team to enhance its portfolio and
help advance the prospects for the field of cellular
agriculture."
Marisa Danielle Drew (aged 58) is or has during the last five
years been a director or partner of the following companies and
partnerships:
Current: Past:
Liberty Global PLC Sunrise Communications Group
AG
Cash & Rocket Holdings Ltd
Aspen Institute UK
Marisa Drew is also on the Advisory Boards of the Financial
Conduct Authority ( Expert Markets Practitioners Advisory Panel),
The City of London Corporation and Room to Read, an education
charity, and was on the Advisory Board at The Wharton School (EMEA
Countries Advisory Board) until 2022.
Other than as disclosed above, there are no further disclosures
to be made in accordance with AIM Rule 17 and paragraph (g) of
Schedule Two of the AIM Rules for Companies.
About Agronomics
Agronomics is a leading listed alternative proteins company with
a focus on cellular agriculture and cultivated meat. The Company
has established a portfolio of over 20 companies in this rapidly
advancing sector. It seeks to secure minority stakes in companies
owning technologies with defensible intellectual property that
offer new ways of producing food and materials with a focus on
products historically derived from animals. These technologies are
driving a major disruption in agriculture, offering solutions to
improve sustainability, as well as addressing human health, animal
welfare and environmental damage. This disruption will decouple
supply chains from the environment and animals, as well as being
fundamental to feeding the world's expanding population. A full
list of Agronomics' portfolio companies is available at
https://agronomics.im/ .
About Cellular Agriculture
Cellular Agriculture is the production of agriculture products
directly from cells, as opposed to raising an animal for slaughter,
or growing crops. This encompasses cell culture to produce
cultivated meat and materials, and fermentation processes that
harness a combination of molecular biology, synthetic biology,
tissue engineering and biotechnology to massively simplify
production methods in a sustainable manner.
Over the coming decades, the source of the world's food supply
traditionally derived from conventional agriculture is going to
change dramatically. We have already witnessed the first wave of
this shift with the consumer adoption of plant-based alternative
proteins but today, we are on the cusp of an even bigger wave of
change. This is being facilitated by advances in cellular
agriculture. This change is necessary, given scientists claims that
if we maintain existing animal protein consumption patterns, then
we will not meet the Paris Agreement's goal of limiting warming to
1.5 .
AT Kearney, a global consultancy firm, projects that cultivated
meat's market share will reach 35% by 2040. This combined with the
Good Food Institute's estimate that a US $1.8 trillion investment
will be required in order to produce just 10% of the world's
protein using this technology, means that we are on the cusp of a
multi-decade flow of capital to build out manufacturing facilities.
Funding in the field of cellular agriculture is accelerating,
however still less than US$ 5 billion has been invested worldwide
since the industry's inception in 2016.
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) No. 596/2014, as
it forms part of UK Domestic Law by virtue of the European Union
(Withdrawal) Act 2018. Upon the publication of this announcement,
this inside information is now considered to be in the public
domain.
For further information please contact:
Agronomics Beaumont Canaccord Cenkos Peterhouse
Limited Cornish Genuity Securities Capital TB Cardew
Limited Limited Plc Limited
The Company Nomad Joint Joint Joint Broker Public Relations
Broker Broker
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Richard Reed Roland Andrew Giles Lucy Williams Ed Orlebar
Denham Eke Cornish Potts Balleny Charles Alistair Walker
James Harry Max Gould Goodfellow
Biddle Rees Michael
Alex Aylen Johnson
(Head
of Equities)
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+44 (0) 20 7930
0777
+44 (0) 1624 +44 (0) +44 (0) +44 (0) +44 (0) +44 (0) 7738 724
639396 207 628 207 523 207 397 207 469 630
info@agronomics.im 3396 8000 8900 0936 agronomics@tbcardew.com
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