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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

IOEUAARRASUNRUR

(END) Dow Jones Newswires

June 02, 2021 02:00 ET (06:00 GMT)

Biome Technologies (LSE:BIOM)
Historical Stock Chart
From Oct 2021 to Nov 2021 Click Here for more Biome Technologies Charts.
Biome Technologies (LSE:BIOM)
Historical Stock Chart
From Nov 2020 to Nov 2021 Click Here for more Biome Technologies Charts.