Biome Technologies PLC Director/PDMR/PCA Shareholding (5200C)
June 17 2019 - 10:12AM
UK Regulatory
TIDMBIOM
RNS Number : 5200C
Biome Technologies PLC
17 June 2019
17 June 2019
Biome Technologies plc
("Biome", "the Company" or "the Group")
Director/PDMR/PCA Shareholding
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 17 June 2019, Leapacross Limited (a company controlled by
John Standen, Non-Executive Chairman of the Company) sold 28,836
Ordinary Shares at a price of 400p per Ordinary Share.
Simultaneously, John Standen purchased 14,418 Ordinary Shares at a
price of 400.1p per Ordinary Share into his personal ISA. In
addition, and at the same time, John Standen's spouse, Mrs K M
Standen, purchased 14,418 Ordinary Shares at a price of 400.1p 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
53,336 Ordinary Shares, which represents approximately 2.26 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 can be found below.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Leapacross Limited
-------------------------------- --------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------------
a) Position/status Leapacross Limited 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 Initial notification
/Amendment
-------------------------------- --------------------------------------------
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 Ordinary shares of 5p in Biome Technologies
instrument, type of instrument plc. Identification code (ISIN) for
Identification code Biome Technologies plc ordinary shares:
GB00B9Z1M820
-------------------------------- --------------------------------------------
b) Nature of the transaction Sale of shares
-------------------------------- --------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
400 pence 28,836 ordinary
shares
----------------
-------------------------------- --------------------------------------------
d) Aggregated information n/a
- Aggregated volume
- Price
-------------------------------- --------------------------------------------
e) Date of the transaction 17 June 2019
-------------------------------- --------------------------------------------
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 Initial notification
/Amendment
-------------------------------- --------------------------------------------
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 Ordinary shares of 5p in Biome Technologies
instrument, type of instrument plc. Identification code (ISIN) for
Identification code Biome Technologies plc ordinary shares:
GB00B9Z1M820
-------------------------------- --------------------------------------------
b) Nature of the transaction Purchase of shares
-------------------------------- --------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
400.1 pence 14,418 ordinary
shares
----------------
-------------------------------- --------------------------------------------
d) Aggregated information n/a
- Aggregated volume
- Price
-------------------------------- --------------------------------------------
e) Date of the transaction 17 June 2019
-------------------------------- --------------------------------------------
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 Initial notification
/Amendment
----------------------------- --------------------------------------
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 Ordinary shares of 5p in Biome
instrument, type of Technologies plc. Identification
instrument code (ISIN) for Biome Technologies
Identification code plc ordinary shares: GB00B9Z1M820
----------------------------- --------------------------------------
b) Nature of the transaction Purchase of shares
----------------------------- --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
400.1 pence 14,418
ordinary
shares
----------
----------------------------- --------------------------------------
d) Aggregated information n/a
- Aggregated volume
- Price
----------------------------- --------------------------------------
e) Date of the transaction 17 June 2019
----------------------------- --------------------------------------
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
Declan Brown, Group Finance Director
www.biometechnologiesplc.com Tel: +44 (0) 2380 867
100
Allenby Capital
David Hart/Alex Brearley (Nominated Adviser)
Kelly Gardiner (Broker)
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
the value-added pricing can be justified and that 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.
In 2018, the Board adopted the following three high level KPIs
for the next three years to continue its ambitious momentum:
-- Compound revenue growth of 25% per annum across the Group and
40% compound revenue growth in the Bioplastics division
-- Diversify the Group's turnover by product and market to
ensure that no one product or end customer contributes more than
15% of revenues by 2020
-- Increase investment in the Group's next generation of
products by spending significantly more per annum on average than
the GBP0.3m per annum average spend over the previous strategic
objective cycle
www.biometechnologiesplc.com
www.biomebioplastics.com and www.thinkbioplastic.com
www.stanelcorftechnologies.com
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Authority to act as a Primary Information Provider in the United
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of this information may apply. For further information, please
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END
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