REG - Biome Technologies - Issue of Equity and TVR

Biome TechnologiesAnnouncement

02/06/2021 07:05

RNS Number : 5006A
  
Biome Technologies PLC
  
02 June 2021
  
 

 
2 June 2021
 
Biome Technologies plc
("Biome", the "Group" or the "Company")
Issue of equity and TVR
 
Biome Technologies plc, a leading bioplastics and radio frequency technology business, announces that, following the exercise of options by a former employee, it has issued and allotted 18,733 ordinary shares of 5p each in the Company ("Ordinary Shares").
Application will be made to the London Stock Exchange for admission of 18,733 new Ordinary Shares to trading on AIM ("Admission") and dealings are expected to commence on 8 June 2021.
Following Admission, the total number of Ordinary Shares in issue will be 3,772,640 (including 16,710 Ordinary Shares held as treasury shares). Therefore, the total number of voting rights in the Company is 3,755,930 which may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules sourcebook.
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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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