TIDMBIOM
RNS Number : 0819B
Biome Technologies PLC
31 May 2023
31 May 2023
Biome Technologies plc
("Biome" , the "Company" or the "Group")
Exercise of options, transaction in own shares, issue of equity
and director/PDMR shareholdings
Total voting rights
Biome Technologies plc, a leading bioplastics and radio
frequency technology business, announces the following transactions
involving the Company's ordinary shares of 5p each ("Ordinary
Shares").
Biome has received an exercise notice from its Chief Executive
Officer, Paul Mines, in respect of share options over 26,666
Ordinary Shares granted on 30 January 2020 in lieu of a bonus
accrued in 2018 and exercisable at 5p per share. The Company
satisfied this exercise of share options on 30 May 2023, by
transferring 16,710 Ordinary Shares out of treasury and via the
allotment of 9,956 new Ordinary Shares. An application to the
London Stock Exchange for the admission of 9,956 new Ordinary
Shares to trading on AIM ("Admission") has been made and Admission
is expected to occur on 5 June 2023.
Additionally, the Company was notified on 30 May 2023 that Paul
Mines sold 13,333 Ordinary Shares on 30 May 2023 at a price of 111
pence per Ordinary Share in order to cover his tax and National
Insurance liabilities arising from the exercise of share options
referred to above. Following this sale and the receipt of Ordinary
Shares from his option exercise, Paul Mines will have a total
beneficial holding of 57,358 Ordinary Shares, which is equivalent
to 1.52% of the voting rights in the enlarged issued share capital
of the Company.
The Company was also notified on 30 May 2023 that Robert Smith,
Biome's Chief Financial Officer, purchased 13,333 Ordinary Shares
on 30 May 2023 into his personal ISA at a price of 119 pence per
Ordinary Share. Following this purchase, Robert Smith will have a
total beneficial holding of 18,901 Ordinary Shares, which is
equivalent to 0.50% of the voting rights in the enlarged issued
share capital of the Company.
Following these transactions, there are no Ordinary Shares held
in treasury by the Company. Upon Admission, the total number of
Ordinary Shares in issue will be 3,782,596. Therefore, upon
Admission, the total number of voting rights in the Company will be
3,782,596, 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.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Paul Mines
-------------------------------- --------------------------------------------
Reason for the notification
2
------------------------------------------------------------------------------
a) Position/status Director - Chief Executive Officer
-------------------------------- --------------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------------- --------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
------------------------------------------------------------------------------
a) Name Biome Technologies plc
-------------------------------- --------------------------------------------
b) LEI 213800B9QI14B12TAO51
-------------------------------- --------------------------------------------
Details of the transaction(s): section to be repeated for
4 (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 Ordinary Shares
-------------------------------- --------------------------------------------
c) Price(s) and volume(s) Price: 111 pence
Volume: 13,333
-------------------------------- --------------------------------------------
d) Aggregated information n/a
- Aggregated volume
- Price
-------------------------------- --------------------------------------------
e) Date of the transaction 30 May 2023
-------------------------------- --------------------------------------------
f) Place of the transaction London Stock Exchange (XLON), AIM
-------------------------------- --------------------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Paul Mines
-------------------------------- --------------------------------------------
Reason for the notification
2
------------------------------------------------------------------------------
a) Position/status Director - Chief Executive Officer
-------------------------------- --------------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------------- --------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
------------------------------------------------------------------------------
a) Name Biome Technologies plc
-------------------------------- --------------------------------------------
b) LEI 213800B9QI14B12TAO51
-------------------------------- --------------------------------------------
Details of the transaction(s): section to be repeated for
4 (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 Exercise of share options
-------------------------------- --------------------------------------------
c) Price(s) and volume(s) Price: 5 pence
Volume: 26,666
-------------------------------- --------------------------------------------
d) Aggregated information n/a
- Aggregated volume
- Price
-------------------------------- --------------------------------------------
e) Date of the transaction 30 May 2023
-------------------------------- --------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------------- --------------------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Robert Smith
-------------------------------- --------------------------------------------
Reason for the notification
2
------------------------------------------------------------------------------
a) Position/status Director - Chief Financial Officer
-------------------------------- --------------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------------- --------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
------------------------------------------------------------------------------
a) Name Biome Technologies plc
-------------------------------- --------------------------------------------
b) LEI 213800B9QI14B12TAO51
-------------------------------- --------------------------------------------
Details of the transaction(s): section to be repeated for
4 (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 Ordinary Shares
-------------------------------- --------------------------------------------
c) Price(s) and volume(s) Price: 119 pence
Volume: 13,333
-------------------------------- --------------------------------------------
d) Aggregated information n/a
- Aggregated volume
- Price
-------------------------------- --------------------------------------------
e) Date of the transaction 30 May 2023
-------------------------------- --------------------------------------------
f) Place of the transaction London Stock Exchange (XLON), AIM
-------------------------------- --------------------------------------------
Schedule of detailed information regarding disposals of Ordinary
Shares made by the Company.
Schedule of Disposals
Shares disposed Biome Technologies plc (ISIN: GB00B9Z1M820)
of:
Date of disposals: 30 May 2023
Investment firm: N/A
Aggregate information:
Venue Volume-weighted Aggregated volume
average price,
pence
Outside a trading venue 5p 16,710
Individual transactions:
Number of Ordinary Transaction Time of Trading venue
Shares disposed price transaction
of (pence per
Ordinary Share)
Outside a trading
16,710 5p 30 May 2023 venue
-Ends-
For further information please contact:
Biome Technologies plc
Paul Mines, Chief Executive Officer
Rob Smith, Chief Financial Officer
www.biometechnologiesplc.com Tel: +44 (0) 2380 867 100
Allenby Capital
David Hart/Alex Brearley (Nominated Adviser)
Kelly Gardiner (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
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
("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
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END
IOEGZGFKNGFGFZM
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