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Shares of Myco Holdings Plc are now trading at J P Jenkins Ltd

Myco Holdings PLC is pleased to announce that its shares have been admitted onto The J P Jenkins share dealing platform.

Myco Holdings PLC (MHP) was established to in January 2021 with the vision to develop naturally produced plant-based meat substitutes whilst reducing land use and CO2 production utilising innovative vertical farming methods.

Demand for meat is expanding and the consumption of meat is expected to have risen 76% by 2050 against a 2005 baseline. The Intergovernmental Panel on Climate Change (IPCC) found that the greatest potential for emissions reduction exists through changing the demand for meat products. Unless strong and immediate action is taken by finding alternatives it is unlikely that global emissions can be reduced sufficiently to limit the rise in global temperatures below 2 degrees Celsius.

Myco Foods Limited (a wholly owned subsidiary of MHP) is an innovator of plant-based meat substitutes, supplying turnkey ingredients to brand name and private label products in major UK retail multiples.

Myco has over the last five years developed the Hooba® range of meat-substitutes with a proprietary mince made from mushroom stems. Hooba® is a turn-key ingredient designed as a minced meat substitute with the mince being formed, extruded or vacuum filled into any shape or casing on standard meat industry equipment and will act in the same manner as minced meat during the processing phase. Once cooked Hooba® will firm up giving the same texture and bite as a minced meat product.

J P Jenkins is the oldest established trading platform in UK for unlisted or unquoted securities which, enables shareholders and prospective investors to trade their shares or unlisted warrants on a matched bargain basis.

Should you wish to trade their shares, you can do so through a stockbroker. The indicative price and transaction history are available on J P Jenkins’s website (www.jpjenkins.com/myco-holdings). For more information, please call +44 (0) 20 7469 0937.

Veronika Oswald, Director of J P Jenkins said: “We would like to extend our warm welcome to Myco Holdings that has just joined our share trading platform. The global meat substitute market revenues are expected to almost double over the next 20 years and the growth looks to be driven by plant and cell-based meat subsectors. Myco’s vision to develop naturally produced plant-based meat substitutes offers an innovate methods aligned with delivering food to the end user in a sustainable way.”

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