Biome Technologies - Director/PDMR Shareholding

Biome Technologies

30/07/2021 09:47

RNS Number : 0686H

Biome Technologies PLC

30 July 2021

 

 

 

 

30 July 2021

                   

Biome Technologies plc

("Biome", "the Company" or "the Group")

 

Director/PDMR/PCA Shareholdings

                                                                                                        

 

Biome Technologies plc, a leading bioplastics and radio frequency technology business, was notified today of the following transactions in the Company's ordinary shares of 5 pence each ("Ordinary Shares").

 

On 30 July 2021, John Standen, Non-Executive Chairman of the Company sold 5,980 Ordinary Shares at a price of 370.00p per Ordinary Share and simultaneously purchased 5,980 Ordinary Shares at a price of 370.25p per Ordinary Share into his personal ISA. In addition, on 30 July 2021, John Standen's spouse, Mrs K M Standen, sold 5,980 Ordinary Shares at a price of 370.00p per Ordinary Share and simultaneously purchased 5,980 Ordinary Shares at a price of 370.25p per Ordinary Share into her personal ISA.

 

As a result of these transactions, the combined beneficial holding of John Standen and Mrs K M Standen remains unchanged at 70,836 Ordinary Shares, which represents approximately 1.89 per cent. of the voting rights over the Company's Ordinary Shares.

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the requirements of the EU Market Abuse Regulation which forms part of Domestic UK Law pursuant to the European Union (Withdrawal) Act 2018, is appended below.

 

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
John Standen
2
Reason for the notification
a)
Position/status
Director - Non-Executive Chairman
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Biome Technologies plc
b)
LEI
213800B9QI14B12TAO51
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary Shares of 5p in Biome Technologies plc. Identification code (ISIN) for Biome Technologies plc ordinary shares: GB00B9Z1M820
b)
Nature of the transaction
Sale of Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
370.00 pence
5,980 Ordinary Shares
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
30 July 2021
f)
Place of the transaction
London Stock Exchange (XLON), AIM (BIOM)

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
John Standen
2
Reason for the notification
a)
Position/status
Director - Non-Executive Chairman
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Biome Technologies plc
b)
LEI
213800B9QI14B12TAO51
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary Shares of 5p in Biome Technologies plc. Identification code (ISIN) for Biome Technologies plc ordinary shares: GB00B9Z1M820
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
370.25 pence
5,980 Ordinary Shares
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
30 July 2021
f)
Place of the transaction
London Stock Exchange (XLON), AIM (BIOM)

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Mrs K M Standen
2
Reason for the notification
a)
Position/status
Mrs Standen is a person closely associated with Biome Technologies plc's Non-Executive Chairman, John Standen, who is a person discharging managerial responsibilities
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Biome Technologies plc
b)
LEI
213800B9QI14B12TAO51
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary Shares of 5p in Biome Technologies plc. Identification code (ISIN) for Biome Technologies plc ordinary shares: GB00B9Z1M820
b)
Nature of the transaction
Sale of Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
370.00 pence
5,980Ordinary Shares
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
30 July 2021
f)
Place of the transaction
London Stock Exchange (XLON), AIM (BIOM)

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Mrs K M Standen
2
Reason for the notification
a)
Position/status
Mrs Standen is a person closely associated with Biome Technologies plc's Non-Executive Chairman, John Standen, who is a person discharging managerial responsibilities
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Biome Technologies plc
b)
LEI
213800B9QI14B12TAO51
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary Shares of 5p in Biome Technologies plc. Identification code (ISIN) for Biome Technologies plc ordinary shares: GB00B9Z1M820
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
370.25 pence
5,980Ordinary Shares
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
30 July 2021
f)
Place of the transaction
London Stock Exchange (XLON), AIM (BIOM)

 

 

-Ends-

 

For further information please contact: Biome Technologies plc

Paul Mines, Chief Executive Officer

Rob Smith, Chief Financial Officer

info@biometechnologiesplc.co.uk

Tel: +44 (0) 2380 867 100

www.biometechnologiesplc.com

 

Allenby Capital

David Hart/Alex Brearley (Nominated Adviser)

Kelly Gardiner (Sales and Corporate Broking)

Tel: +44 (0) 20 3328 5656

www.allenbycapital.com

 

About Biome

 

Biome Technologies plc is an AIM listed, growth-orientated, commercially driven technology group. Our strategy is founded on building market-leading positions based on patented technology and serving international customers in valuable market sectors. We have chosen to do this by developing products in application areas where the value-added pricing can be justified and are not reliant on government legislation. These products are driven by customer requirements and are compatible with existing manufacturing processes. They are market rather than technology-led.

The Group comprises two divisions, Biome Bioplastics Limited and Stanelco RF Technologies Limited.

Biome Bioplastics is a leading developer of highly-functional, bio-based and biodegradable plastics. The company's mission is to produce bioplastics that challenge the dominance of oil-based polymers.

Stanelco RF Technologies designs, builds and services advanced radio frequency (RF) systems. Dielectric and induction heating products are at the core of a product offering that ranges from portable sealing devices to large furnaces for the fibre optics markets.

www.biometechnologiesplc.com 

www.biomebioplastics.com and www.thinkbioplastic.com 

www.stanelcorftechnologies.com

 

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