Biome Technologies PLC Issue of Equity and TVR (5006A)
June 02 2021 - 1:00AM
UK Regulatory
TIDMBIOM
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.
-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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END
IOEUAARRASUNRUR
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