TIDMBION

RNS Number : 1947F

Bion PLC

13 November 2020

13 November 2020

BiON plc

("BiON" or "the Company")

Directorate Change

BiON (AIM: BION), an environmental engineering, wastewater treatment and renewable energy solutions company, announces the appointment of Mohd Sofiyuddin Ahmad Tabrani as a Non-executive Director of the Company with immediate effect. The Company also announces that it has received notice from Datuk Haji Radzali Hassan of his intention to step down from his position as Non-executive Director with effect from 19 April 2021.

Mr. Sofiyuddin, aged 44, was called to the Malaysian Bar in 2002 and he is currently a Partner in the Chairman's Office of Zaid Ibrahim & Co., the largest law firm in Malaysia and part of the ZICO Law network of leading independent local law firms focused on the ASEAN region . Mr. Sofiyuddin regularly advises Government ministries and agencies as well as private corporations on matters relating to law reform, good regulatory practices (GRP), Islamic banking & finance, mergers & acquisitions, governance, compliance and company secretarial matters. His international portfolio has included managing ZICO Law's country offices in Thailand and Myanmar while he was based in Bangkok. He also sits on several subsidiaries of ZICO Holdings Inc., which is an integrated provider of multidisciplinary professional services and is listed on the Catalist Board of the Singapore Exchange Securities Trading Limited (SGXST). In addition, Mr. Sofiyuddin is a board member of the Malaysian Investment and Development Authority (MIDA) and was previously a director of the Malaysia Productivity Corporation (MPC), both being Government appointments as a representative of the private sector.

Mr. Sofiyuddin has held the following directorships and/or partnerships over the last five years:

 
 Current                            Past 
 Malaysian Investment Development   The Malaysian-Thai Chamber of 
  Authority (MIDA)                   Commerce (MTCC) 
                                   ---------------------------------- 
 Zaid Ibrahim & Co.                 Malaysia Productivity Corporation 
                                     (MPC) 
                                   ---------------------------------- 
 ZICO AA Sdn Bhd                    ZICO Corporate Services Sdn Bhd 
                                   ---------------------------------- 
 ZICO Law (Thailand) Limited        ZICOlaw Myanmar Limited 
                                   ----------------------------------

Mr. Sofiyuddin does not currently own any securities in the Company.

There are no other matters required to be disclosed pursuant to paragraph (g) of Schedule Two to the AIM Rules for Companies as regards Mr. Sofiyuddin's appointment.

Dato' Dr. Ir. Ts. Mohd. Abdul Karim Abdullah, Chairman of BiON, said:

"We are very pleased to welcome Mohd Sofiyuddin to the Board of BiON. He brings tremendous experience in the fields of law, regulation, compliance and finance, which will be of great benefit to BiON from a business and corporate governance perspective as we continue to grow and expand. On behalf of the Board, I would also like to thank Datuk Radzali for his excellent service to the Company over the past four-and-a-half years and we wish him all the best for the future."

The information contained within this announcement is considered to be inside information prior to its release, as defined in Article 7 of the Market Abuse Regulation No.596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.

Enquiries:

BiON plc

Syed Nazim bin Syed Faisal, CEO +603 6413 1085

Fakrizzaki Ghazali, CFO

Beaumont Cornish Limited (Nominated Adviser)

Roland Cornish, Felicity Geidt +44 20 7628 3396

Optiva Securities Limited (Broker)

Vishal Balasingham +44 20 3137 1903

Luther Pendragon (Financial PR Adviser)

Claire Norbury +44 20 7618 9100

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END

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November 13, 2020 02:00 ET (07:00 GMT)

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