Ccm TECHNOLOGIES SECURES GROWTH CAPITAL for NET ZERO CARBON SOLUTIONS

CCm TECHNOLOGIES SECURES GROWTH CAPITAL FOR NET ZERO CARBON SOLUTIONS

Oxford, United Kingdom, December 17th, 2020: Award-winning cleantech firm CCm Technologies has successfully completed a Series A Funding Round with the continued support of its existing shareholders and three new investors. Investment secured will enable CCm to exploit opportunities in their three core sectors – wastewater, food waste and agriculture – in the United Kingdom and internationally.

The round was led by Wittington Investments, whose principal investment is a majority holding in Associated British Foods plc (ABF). ABF is a diversified global food, ingredients and retail group with annual revenues of c.£14 billion. ABF owns businesses such as Primark, Twinings Ovaltine and British Sugar.

CCm is delighted to welcome Garth Weston onto its board and Rebecca Pearson as a board observer.

This announcement follows the hugely successful launch earlier this month of CCm’s partnership with Pepsico and Walkers Crisps.

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Notes to editors

CCm Technologies Ltd. is an award winning cleantech company, which optimises resource use including Carbon Capture and Utilisation (CCU) solutions, including the production of net zero carbon fertilisers (see Sustainable Markets Initiative’s RE:TV video and CCm Technologies’ Q&A for more information). CCm's technology converts captured carbon dioxide and other waste streams (such as Ammonia and Phosphate) into stable value-added materials with multiple uses across global priority sectors of food/agriculture, advanced materials & energy storage. CCm’s innovative and collaborative solutions allow a wide range of businesses to generate commercial value from captured carbon and other agricultural and industrial waste streams while also delivering improved sustainability.

In December 2020, CCm announced that its technology would be installed at Walkers Crisps’ Leicester factory in order to manufacture low-carbon, nutrient-rich fertiliser from waste potato peel. This is expected to reduce Walkers’ carbon emissions from growing potatoes by 70%.

CCm Technologies is based in Oxford and Swindon and was established in 2011. CCm is a member of the Sustainable Markets Council, an initiative of HRH the Prince of Wales with the support of the World Economic Forum. (Link). The company has also received the coveted Solar Impulse Foundation Efficient Solutions Label (Link). For more information, visit www.ccmtechnologies.co.uk

Wittington Investments Limited is a privately owned company which invests in a variety of asset classes. Its main investment is its majority holding in Associated British Foods plc, itself a diversified international food, ingredients and retail group, comprising such businesses as Primark, British Sugar, Twinings and Ryvita. Wittington also owns the upscale retail brands Fortnum & Mason and Heal’s and invests selectively to take direct ownership stakes in companies with long term growth potential as well as investing in other financial and property assets. For more information, visit https://www.wittington- investments.co.uk

CCm Technologies Contact: Isabella Gornall ([email protected]; +44 7503 054880)