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
Creightons PLC
|
Port Saffron Limited
|
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
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
www.biomebioplastics.com
and www.thinkbioplastic.com
www.stanelcorftechnologies.com