Benchmark Holdings plc - Disposal

Dear client

Benchmark Holdings plc ("Benchmark" or the "Company"), a market leading aquaculture genetics, specialist nutrition, and health business, announces, that further to the announcement made on 25 November 2024, a circular ("Circular") containing the notice of a general meeting ("General Meeting") and related form of proxy have been posted to shareholders today.

In view of the size of the Genetics Business, relative to the Company, the Disposal will result in a fundamental change of business of the Company for the purpose of Rule 15 of the AIM Rules and it is therefore conditional upon the approval of Shareholders, amongst other matters.

Certain shareholders have irrevocably undertaken to vote or procure to vote in favour of the resolution to be proposed at the General Meeting in respect of 526,403,136 ordinary shares in the Company, in aggregate representing approximately 71.16 per cent. of the issued ordinary share capital of the Company as at 25 November 2024 (being the latest practicable date prior to the date of this announcement).

Please see attached notification for further information.

There are currently no shareholders on the platform.  

Kind regards

Corporate Action Team