REG - Biome Technologies - Appointment of Non-Executive Director

Biome TechnologiesAnnouncement

25/10/2024 07:00

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RNS Number : 5506J  Biome Technologies PLC  25 October 2024

25 October 2024

Biome Technologies plc

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

Appointment of Non-Executive Director

 

Biome Technologies plc, a leading bioplastics and radio frequency technology
business, is pleased to announce that Mr Brian Samuel Geary has been appointed
as a Non-Executive Director of the Company with immediate effect. Mr Geary has
been an investor in Biome since 2016 and currently holds 27.72 per cent. of
the Company's equity share capital.

 

An electrical engineer by degree with a corporate career in senior roles in a
variety of engineering and control companies, he now splits his time between
running the Antrim Hills Spring Water Company and managing an investment
portfolio with an emphasis on small quoted businesses. He is also a
non-executive director of Creightons plc (LSE: CRL).

 

John Standen, Chairman of Biome, commented:

"I'd like to welcome Brian to our Board. Brian brings excellent experience as
a businessman, having been involved with many companies in a variety of
sectors during his career. He first invested in Biome some eight years ago and
has recently become a substantial shareholder holding c.28% of Biome's
ordinary shares."

 

 

Regulatory Disclosures

 

In accordance with Rule 17 and Schedule 2(g) of the AIM Rules for Companies,
Brian Samuel Geary, aged 58, is, or has been during the last five years, a
director or partner of the following companies/partnerships:

 

 Current directorships/partnerships         Past directorships/partnerships
 Antrim Hills Spring Water Company Limited  Port Saffron Limited

 Creightons PLC

 

Mr Geary holds 14,293,404 Ordinary Shares in the Company, which represents
27.72 per cent of the voting rights in the Company.

 

-Ends-

 

 For further information please contact:
 Biome Technologies plc
 John Standen, Chairman

 Donna Simpson-Strange, Company Secretary

 info@biometechnologiesplc.co.uk (mailto:info@biometechnologiesplc.co.uk)

 www.biometechnologiesplc.com                                               Tel: +44 (0) 2380 867 100

 Allenby Capital
 David Hart/Alex Brearley/Lauren Wright (Nominated Adviser)

 Kelly Gardiner/Tony Quirke (Sales and Corporate Broking)
 www.allenbycapital.com                                                     Tel: +44 (0) 20 3328 5656

 

 

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 value-added pricing can be justified and which 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 ("Bioplastic")
and Stanelco RF Technologies Limited ("RF Technologies").

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 (http://www.biometechnologiesplc.com)
www.biomebioplastics.com (http://www.biomebioplastics.com) and
www.thinkbioplastic.com (http://www.thinkbioplastic.com)
www.stanelcorftechnologies.com (http://www.stanelcorftechnologies.com)

 

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